Details of issuance or disposal
Issuance of new shares as restricted stock compensation
52,000 common shares (new 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.
¥17,472,000
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 | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 52,000 common shares (new shares) |
| Issue price and disposal price | ¥336 per share |
| Total issue value | ¥17,472,000 |
| Amount of funds to be raised | Total amount paid in: ¥17,472,000. Estimated net proceeds: not disclosed |
| Payment date | 27 August 2026 |
| Intended allottee | Category Company directors (including outside directors) / Number of Employees 9 / Number of Shares 44,600 shares, Category The Company's employees / Number of Employees 4 / Number of Shares 1,700 shares, Category Directors of the company's subsidiaries / Number of Employees 1 / Number of Shares 500 shares, Category Employees of the company's subsidiaries / Number of Employees 5 / Number of Shares 5,200 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged, donated during the holder's lifetime or otherwise disposed of, and must be kept and maintained in a dedicated account until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 28 July 2026, the business day immediately preceding the date of the resolution on this allocation, was ¥336. No discount or premium was applied. |
| Transfer restriction period | Eligible directors: from the payment date until the later of the date on which they cease to hold any position as an officer or employee of the Company or its subsidiaries, or the date on which the securities report for the fiscal year including the payment date is filed (or, in certain cases, the semiannual report). Eligible employees and others: from 27 August 2026 through 26 August 2028. |
| Conditions for lifting transfer restrictions | Eligible directors must continuously hold a position as a director, audit & supervisory board member, executive officer or employee of the Company or its subsidiaries through the first annual general meeting of shareholders following the payment date. Eligible employees and others must continuously hold a similar position with the Company or its subsidiaries from 27 August 2026 through 26 August 2028. In the event of resignation or retirement for a valid reason, or death, a portion of the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If any of the shares subject to this allocation remain subject to restrictions when the restrictions are lifted, the Company will automatically acquire those shares without consideration. |
| Categories and Number of Persons Covered | Category Company directors (including outside directors) / Number of Employees 9 / Number of allocated shares 44,600 shares, Category The Company's employees / Number of Employees 4 / Number of allocated shares 1,700 shares, Category Directors of the company's subsidiaries / Number of Employees 1 / Number of allocated shares 500 shares, Category Employees of the company's subsidiaries / Number of Employees 5 / Number of allocated shares 5,200 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥17,472,000. The annual compensation limit for directors is ¥100 million, of which the portion for outside directors is capped at ¥20 million. |
| Procedures under the Corporate Code of Conduct | At the 19th Annual General Meeting of Shareholders held on 29 June 2026, approval was obtained for the introduction of the restricted stock compensation plan and the limits on the number of shares to be issued or disposed of and the amount of compensation. |
| Impact on Business Performance | No information is provided regarding the impact on financial results |
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 provide recipients with an incentive to enhance the Company's sustainable corporate value by enabling them to own shares in the Company, and to further align their interests with those of shareholders.