Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,200 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥41,074,000
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 | 2,200 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥18,670 per share |
| Total issue value | ¥41,074,000 |
| Payment date | 10 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 6 / Number of Shares 2,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, 23 June 2026, was ¥18,670. No discount or premium was stated. |
| Transfer restriction period | The period from 10 July 2026 until the date on which the recipient ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds the position of director through the date of the first annual general meeting of shareholders of the Company held after the commencement date of the transfer restriction period, all of the shares granted under this allocation held by the recipient will be released from the transfer restrictions upon expiration of the period. If the recipient leaves office for a justifiable reason, the restrictions will be lifted in proportion to the number of months from July 2026 through the month that includes the date of departure, divided by 12. |
| Reason for acquisition without consideration | If the recipient leaves office without a reason deemed justifiable by the Board of Directors by the day preceding the date of the first annual general meeting of shareholders held after the commencement date of the transfer restriction period. If any shares remain subject to transfer restrictions upon expiration of the period. If the recipient leaves office in connection with a corporate reorganization or similar transaction and any shares remain subject to transfer restrictions as of the business day immediately preceding the effective date. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding outside directors), 2,200 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥41,074,000 (the compensation limit is no more than ¥50 million per year) |
Items this document does not state (15)
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.