Details of issuance or disposal
Issuance of restricted stock or disposal of treasury stock through the Employee Stock Ownership Association
Assumed to be equivalent to ¥400,000 per eligible employee (the amount of the special incentive payment will be determined at a later date)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of restricted stock or disposal of treasury stock through the Employee Stock Ownership Association |
| Intended allottee | Eligible employees (employees who have joined the Employee Stock Ownership Association and agreed to participate in the plan) |
| Basis for determining the amount to be paid | To be calculated based on the Company's closing share price on the business day preceding the date of the allotment resolution |
| Categories and Number of Persons Covered | Eligible employees of the Company and its domestic group companies. Number of employees and number of shares allotted: Not disclosed |
| Total Stock-Based Compensation | Assumed to be equivalent to ¥400,000 per eligible employee (the amount of the special incentive payment will be determined at a later date) |
Items this document does not state (23)
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 commemorate the Company's 40th anniversary and show its appreciation to employees, while strengthening investment in human capital. The plan is intended to promote shared value between employees and shareholders, support employees in building personal assets, increase employees' sense of belonging, engagement and motivation to contribute over the medium to long term, and foster a stronger sense of unity across the group companies.