Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
30,700 shares of the Company's common stock (treasury shares)
¥30,393,000
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 | 30,700 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥990 per share |
| Total issue value | ¥30,393,000 |
| Amount of funds to be raised | Total payment amount: ¥30,393,000; estimated net proceeds: Not disclosed |
| Payment date | 14 July 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 18,500 shares, Name 6 executive officers of the Company / Number of Shares Total number of shares acquired during this period |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the recipients may not transfer the shares to third parties, create pledges or security interests over them, make inter vivos gifts or bequests, or otherwise dispose of them in any way. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 June 2026, which was ¥990. No discount or premium is disclosed. |
| Transfer restriction period | From 14 July 2026 until the date on which the recipient resigns or retires from any position as a director, executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, executive officer or employee of the Company through the date of the first annual general meeting of shareholders held after 14 July 2026, all of the allocated shares held at the end of the restriction period will have their transfer restrictions lifted. If the recipient resigns or retires for a legitimate reason, the restrictions will be lifted on the number of shares determined according to the number of months of service. |
| Reason for acquisition without consideration | If, after the start of the transfer restriction period and before the day preceding the first annual general meeting of shareholders thereafter, the recipient resigns or retires from all positions as a director, executive officer and employee of the Company without a legitimate reason. If any shares remain subject to transfer restrictions at the end of the restriction period. If any shares remain subject to transfer restrictions in connection with a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 18,500 shares, Category The Company's executive officers / Number of Employees 6 / Number of allocated shares Total number of shares acquired during this period |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥30,393,000. The annual compensation limit is ¥60 million, and the total number of restricted shares is capped at 48,000 shares. |
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 to achieve sustained enhancement of corporate value and further promote value sharing with shareholders. The amount of compensation receivables for each recipient was determined based on a comprehensive assessment of each recipient's contribution and other factors.