Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation and grant of base share units under a performance share unit scheme
RS: Not disclosed; PSU: total number of vested share units capped at 200,000 shares per year, and total number of the company's shares to be delivered capped at 100,000 shares per year
RS: estimated with the aggregate payment amount capped at ¥300 million. PSU: the annual cap on the aggregate amount of monetary compensation receivables and cash for tax payment purposes is the total cap on vested share units of 200,000 shares per year multiplied by the share price at delivery
As this is solely a disposal of treasury shares, the total number of issued shares will not increase
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation and grant of base share units under a performance share unit scheme |
| Number of shares to be issued or disposed of | RS: Not disclosed; PSU: total number of vested share units capped at 200,000 shares per year, and total number of the company's shares to be delivered capped at 100,000 shares per year |
| Intended allottee | Eligible directors and other officers (directors, excluding directors who are Audit and Supervisory Committee members and outside directors, and executive officers) |
| Total number of issued shares | As this is solely a disposal of treasury shares, the total number of issued shares will not increase |
| Categories and Number of Persons Covered | Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) and executive officers: number of recipients and number of shares allocated are Not disclosed |
| Total Stock-Based Compensation | RS: estimated with the aggregate payment amount capped at ¥300 million. PSU: the annual cap on the aggregate amount of monetary compensation receivables and cash for tax payment purposes is the total cap on vested share units of 200,000 shares per year multiplied by the share price at delivery |
| Procedures under the Corporate Code of Conduct | The limits on compensation and other matters were approved at the 81st Annual General Meeting of Shareholders held on 29 June 2017 and the 89th Annual General Meeting of Shareholders held on 27 June 2025 |
Items this document does not state (21)
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 carry out a disposal of treasury shares under the RS scheme and grant base share units under the PSU scheme as share-based compensation for the eligible directors and other officers.