Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
11,500 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: ¥120,980,000
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 | 11,500 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥10,520 per share |
| Payment date | 24 July 2026 |
| Intended allottee | Name 6 of the Company’s directors, including outside directors / Number of Shares 8,500 shares, Name 6 of the Company’s executive officers and directors who do not concurrently serve as directors of the Company / Number of Shares 3,000 shares |
| Intended allottee's holding policy | Transfers and other dispositions will be prohibited from the allocation date until immediately after the eligible recipient retires or resigns from the designated position at the Company or one of its subsidiaries. Subject to continuous service in the designated position throughout the service period, all of the shares will be released from the transfer restrictions upon expiration of the restriction period. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Prime Market of the Tokyo Stock Exchange on the business day immediately preceding the date of the resolution, 25 June 2026, was ¥10,520. No discount or premium applies. |
| Transfer restriction period | From the allocation date until immediately after the eligible recipient retires or resigns from the designated position at the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | Subject to having continuously held a designated position at the Company or one of its subsidiaries throughout the service period, all of the allocated shares will be released from the transfer restrictions upon expiration of the restriction period. |
| Categories and Number of Persons Covered | 6 of the Company’s directors, including outside directors: 8,500 shares; 6 of the Company’s executive officers and directors who do not concurrently serve as directors: 3,000 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥120,980,000 |
| Most recent equity financing | Timing 14 May 2021 / Type Resolution to introduce a restricted stock compensation plan / Amount Not disclosed |
Items this document does not state (16)
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 the eligible recipients with an incentive to achieve sustained growth in corporate value and promote shared value with shareholders. The Company considered the purpose of the plan, its business performance, and the scope of each recipient’s responsibilities.