Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
10,000 common shares (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥8,780,000
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 | 10,000 common shares (treasury shares) |
| Issue price and disposal price | ¥878 per share |
| Total issue value | ¥8,780,000 |
| Amount of funds to be raised | Total paid-in amount: ¥8,780,000; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name 5 directors of the Company, excluding outside directors / Number of Shares 10,000 shares |
| Intended allottee's holding policy | Transfers, the creation of security interests and other disposals will be prohibited from 24 July 2026 to 23 July 2029. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| 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, the business day preceding the date of the Board of Directors' resolution, was ¥878. No discount or premium was stated. |
| Transfer restriction period | 24 July 2026 to 23 July 2029 (approximately 3 years) |
| Conditions for lifting transfer restrictions | Provided that the eligible director remains a director of the Company throughout the transfer restriction period, all transfer restrictions on the allocated shares will be lifted upon expiration of the transfer restriction period. However, if the eligible director loses that position for a reason the Company's Board of Directors deems legitimate, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of a reorganization or similar transaction, all transfer restrictions will be lifted by resolution of the Board of Directors. |
| Reason for acquisition without consideration | At the expiration of the restriction period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding outside directors); total shares allocated: 10,000 |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥8,780,000 |
Items this document does not state (13)
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 provide the eligible directors with an incentive to pursue sustained increases in corporate value and promote value sharing with shareholders. The Company also took into account its performance, the scope of each eligible director's responsibilities and other relevant circumstances.