Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
23,860 shares of the Company's common stock (treasury shares)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥55,593,800
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 | 23,860 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,330 per share |
| Total issue value | ¥55,593,800 |
| Amount of funds to be raised | Total payment amount: ¥55,593,800; estimated net proceeds: Not disclosed |
| Specific use of funds | Not applicable (as the monetary compensation claims granted will be contributed in kind) |
| Payment date | 24 July 2026 |
| Intended allottee | Category 5 executive directors / Number of shares 15,363 shares, Category 9 executive officers who do not concurrently serve as directors / Number of shares 8,497 shares |
| Intended allottee's holding policy | From the payment date until the day on which the eligible directors and other recipients leave all positions as director, executive officer or audit & supervisory board member of the Company, they may not transfer, create security interests over or otherwise dispose of the shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,330. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026, the payment date, until the day on which the eligible directors and other recipients leave all positions as director, executive officer or audit & supervisory board member of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient has continuously held a position as director, executive officer or audit & supervisory board member of the Company throughout the service period, all of the shares allotted under this arrangement will have their transfer restrictions lifted when the restriction period expires. If the recipient leaves office due to death or another reason deemed valid by the Board of Directors, the restrictions will be lifted on a number of shares determined according to the recipient's period of service. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted here whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 executive directors: 15,363 shares; 9 executive officers who do not concurrently serve as directors: 8,497 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥55,593,800. The annual compensation limit for eligible directors is ¥70 million, and the annual limit on the total number of shares is 28,000 shares. |
| Impact on Business Performance | No impact on financial results stated |
Items this document does not state (12)
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 an incentive to achieve sustained growth in corporate value and further promote value sharing with shareholders.