Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
1,900 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,470,000
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 | 1,900 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,300 per share |
| Total issue value | ¥2,470,000 |
| Amount of funds to be raised | Total payment amount: ¥2,470,000; estimated net proceeds: Not disclosed (contribution in kind of monetary claims) |
| Payment date | 19 June 2026 |
| Intended allottee | 15 employees of the Company, 1,900 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and will be held and maintained in a designated account. The transfer restriction period runs from 19 June 2026 to 10 May 2029. |
| 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 26 May 2026, ¥1,300. No discount or premium. |
| Transfer restriction period | From 19 June 2026 to 10 May 2029 |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allotted shares will be lifted upon expiration of the restriction period, provided that the recipient has continuously held one of the following positions during the restriction period: director, audit & supervisory board member, executive officer or employee of the Company or one of its subsidiaries. If the recipient retires or resigns before expiration of the restriction period, the Company will acquire without consideration all of the allotted shares held at that time. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions when the restriction period expires or when the restrictions are lifted in connection with a corporate reorganization or similar event, and if the recipient retires or resigns before expiration of the restriction period. |
| Categories and Number of Persons Covered | 15 employees of the Company, 1,900 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥2,470,000 |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (12)
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 promote employees’ awareness of their participation in management and enhance corporate value over the medium to long term by aligning their interests with those of shareholders, and to encourage medium- to long-term, continuous service by establishing a transfer restriction period.