Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
14,400 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥6,004,800
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 | 14,400 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥417 per share |
| Total issue value | ¥6,004,800 |
| Amount of funds to be raised | Total payment amount: ¥6,004,800; estimated net proceeds: Not disclosed |
| Payment date | 9 July 2026 |
| Intended allottee | Name 6 executive officers / Number of Shares 14,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 23 June 2026, which was ¥417. No discount or premium rate was specified. |
| Transfer restriction period | From 9 July 2026 to 8 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | The recipient must continuously hold one of the positions of director, executive officer or employee of the Company from 9 July 2026 through the end of June 2027. If the recipient resigns or retires for a valid reason, part of the transfer restrictions will be lifted in proportion to the number of months in office. In the event of a corporate reorganization or other similar event, the restrictions will also be lifted based on the prescribed calculation. |
| Reason for acquisition without consideration | If the recipient resigns or retires from all positions as director, executive officer and employee of the Company by the end of June 2027, except where the Board of Directors determines that there is a valid reason; if any shares are not eligible for the lifting of the transfer restrictions; or if any shares remain subject to transfer restrictions following a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | 6 executive officers, 14,400 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥6,004,800 |
Items this document does not state (14)
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.To increase the recipients’ motivation to contribute to the sustained enhancement of the Company’s corporate value and to further promote the sharing of value with the Company’s shareholders.