Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
11,229 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.
Total monetary claims: ¥234,966,825
The total number of issued shares will not increase because this is a 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 | 11,229 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥20,925 per share |
| Payment date | 27 April 2026 |
| Intended allottee | Name Executive officers who also serve as directors of the Company / Number of Employees 1 / Number of Shares 3,106 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 11 / Number of Shares 8,123 shares |
| Intended allottee's holding policy | For a specified period, transfers to third parties, the creation of security interests and any other disposal are prohibited. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 30 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥20,925. No discount or premium rate was stated. |
| Transfer restriction period | From 27 April 2026 until immediately after the recipient ceases to hold any of the positions of director, executive officer, outside director or director serving as an Audit & Supervisory Committee member of the Company. |
| Conditions for lifting transfer restrictions | If an eligible executive officer continuously holds the designated position throughout the 1-year service period, all transfer restrictions will be lifted upon expiration of the restriction period. If the officer leaves the position for a valid reason, including death, the restrictions on the number of shares corresponding to the number of months in office will be lifted immediately after departure. In the event of a corporate reorganization or other similar event, the restrictions on the number of shares corresponding to the specified number of months will be lifted immediately before the business day preceding the effective date of the reorganization or other event. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares for which the transfer restrictions are not lifted following the calculation applicable when an officer leaves the position for a valid reason, as well as any shares for which the transfer restrictions are not lifted in connection with a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | 1 executive officer who concurrently serves as a director of the Company: 3,106 shares; 11 executive officers who do not concurrently serve as directors of the Company: 8,123 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥234,966,825 |
| Procedures under the Corporate Code of Conduct | The matter was reviewed by the Nomination and Compensation Committee. Whether an opinion was obtained from an independent third party or shareholder approval was sought: Not disclosed. |
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 operate the restricted stock compensation program as a medium- to long-term incentive for the eligible executive officers. The number of shares to be granted and other terms were determined after taking into consideration the purpose of the program, the Company's business conditions, the scope of each eligible executive officer's responsibilities and other relevant factors.