Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Treasury shares: 26,900 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥66,443,000
The total number of issued shares will not increase (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 | Treasury shares: 26,900 common shares |
| Issue price and disposal price | ¥2,470 per share |
| Total issue value | ¥66,443,000 |
| Amount of funds to be raised | Total payment amount: ¥66,443,000; estimated net proceeds: Not disclosed |
| Payment date | 13 May 2026 |
| Intended allottee | 18 executive officers, 26,900 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period runs from 13 May 2026 through 31 March 2029. |
| Total number of issued shares | The total number of issued shares will not increase (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 10 April 2026 was ¥2,470. No discount or premium applies. |
| Transfer restriction period | 13 May 2026 through 31 March 2029 |
| Conditions for lifting transfer restrictions | All of the allocated shares will be released from the transfer restrictions when the restriction period expires, provided that the recipient remains an executive officer of the Company continuously from 1 April 2026 through 31 March 2029. In the event of retirement due to death or another reason deemed legitimate by the Company, the restrictions will be released in proportion to the number of months of service divided by 36. |
| Reason for acquisition without consideration | At the expiration of the restriction period, or on the day following the date of retirement during the restriction period, the Company will acquire without compensation any allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | 18 executive officers, 26,900 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥66,443,000 |
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 achieve sustained growth in corporate value and further promote value sharing with shareholders.