Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
4,008 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥9,971,904
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 | 4,008 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,488 per share |
| Total issue value | ¥9,971,904 |
| Payment date | 22 July 2026 |
| Intended allottee | Name 5 directors of the Company other than directors who are Audit and Supervisory Committee Members / Number of Shares 4,008 shares |
| Intended allottee's holding policy | From the payment date through the date on which the director retires from office, the shares may not be transferred, pledged as collateral or otherwise disposed of. If certain conditions are met, the transfer restrictions on all shares held at the end of the restriction period will be lifted. |
| 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 shares on the Tokyo Stock Exchange on 25 June 2026, ¥2,488. No discount or premium. |
| Transfer restriction period | From the payment date through the date on which the director retires from office |
| Conditions for lifting transfer restrictions | The recipient must continuously remain a director of the Company throughout the restriction period. If the director retires for a legitimate reason or due to death, the period from the payment date through the date of retirement will be considered, and the transfer restrictions on all shares granted under this arrangement held immediately after retirement will be lifted. |
| Reason for acquisition without consideration | Immediately after the restriction period expires, the Company will acquire without consideration all shares granted under this arrangement for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding directors who are Audit and Supervisory Committee members), 4,008 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥9,971,904 (the annual compensation limit is ¥20 million or less) |
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 provide an incentive for the sustained enhancement of the Company's corporate value and promote the sharing of value between the directors and shareholders, as well as to further increase motivation.