Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
6,100 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥12,456,200
No increase
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,100 treasury shares |
| Issue price and disposal price | ¥2,042 per share |
| Total issue value | ¥12,456,200 |
| Amount of funds to be raised | Total monetary claims of ¥12,456,200 (as the entire amount will be contributed in kind, there will be no estimated net cash proceeds) |
| Payment date | 10 November 2026 |
| Intended allottee | 4 of the Company's directors (excluding outside directors and directors serving as Audit and Supervisory Committee members), 6,100 shares |
| Intended allottee's holding policy | The shares are subject to a 3-year transfer restriction to achieve the sharing of shareholder value over the medium to long term. During the restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Total number of issued shares | No increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 9 October 2026 (the business day preceding the date of the Board of Directors' resolution) was ¥2,042. No discount or premium. |
| Transfer restriction period | 10 November 2026 to 9 November 2029 (3 years) |
| Conditions for lifting transfer restrictions | Subject to continuous service in a designated position at the Company or one of its subsidiaries throughout the transfer restriction period, all restrictions will be lifted when the period expires. If a director retires or leaves employment for a legitimate reason, some restrictions may be lifted based on the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares whose transfer restrictions have not been lifted when the transfer restriction period expires or when the restrictions are lifted. |
| Categories and Number of Persons Covered | 4 of the Company's directors (excluding outside directors and directors serving as Audit and Supervisory Committee members), 6,100 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥12,456,200 |
| Procedures under the Corporate Code of Conduct | Following consultation with the Nomination and Compensation Committee, the matter was resolved by the Board of Directors. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The purpose is to achieve sustained growth in corporate value, share medium- to long-term value with shareholders, and further motivate the eligible directors.