Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
4,900 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥22,956,500
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 | 4,900 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥4,685 per share |
| Total issue value | ¥22,956,500 |
| Amount of funds to be raised | Total payment amount: ¥22,956,500 (estimated net proceeds: Not disclosed) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 10 directors, excluding outside directors / Number of Shares 4,900 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 25 June 2026, which was ¥4,685. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 to 23 July 2046 (20 years) |
| Conditions for lifting transfer restrictions | Provided that the eligible director continuously holds the position of director of the Company throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If the director leaves office upon expiration of the term, death, reaching retirement age, or for another legitimate reason, some or all of the transfer restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the shares subject to this allotment for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 10 directors, excluding outside directors; 4,900 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥22,956,500 |
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.The purpose is to provide medium- to long-term incentives, share value with shareholders, and further enhance the motivation of the eligible directors.