Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
33,250 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
Total monetary receivables of ¥65,835,000 (estimated net proceeds: Not disclosed)
As this is a disposal of treasury shares, the increase in total issued shares is Not disclosed
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 | 33,250 treasury shares |
| Issue price and disposal price | ¥1,980 per share |
| Amount of funds to be raised | Total monetary receivables of ¥65,835,000 (estimated net proceeds: Not disclosed) |
| Payment date | 3 December 2026 |
| Intended allottee | Name 223 employees / Number of Shares 33,250 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of from 3 December 2026 through 1 December 2031. Subject to the recipients continuously holding a position as a director, audit and supervisory board member, or employee of the Company or one of its subsidiaries, all transfer restrictions will be lifted on the expiration date of the restriction period. |
| Total number of issued shares | As this is a disposal of treasury shares, the increase in total issued shares is Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 6 October 2026 was ¥1,980. There was no discount or premium. |
| Transfer restriction period | From 3 December 2026 through 1 December 2031 (approximately 5 years) |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted on the expiration date of the restriction period, provided that the recipient continuously holds a position as a director, audit and supervisory board member, or employee of the Company or one of its subsidiaries during the restriction period. If the recipient loses that position due to death, mandatory retirement, expiration of the employment term, expiration of the term of office, or another legitimate reason, the restrictions will be lifted on the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | Shares for which the transfer restrictions are not lifted will automatically be acquired by the Company without consideration immediately after the decision is made not to lift the restrictions. In the event of a corporate reorganisation or similar event, the shares will also be acquired without consideration subject to the prescribed conditions. |
| Categories and Number of Persons Covered | 223 employees. Management-level employees will receive 210 shares per person, while non-management employees will receive 140 shares per person. The number of employees in each category is Not disclosed. |
| Total Stock-Based Compensation | Total monetary receivables of ¥65,835,000 |
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 provide employees with incentives to achieve sustained growth in corporate and shareholder value over the medium to long term, raise their awareness of participating in management through share ownership, and promote value sharing with shareholders.