Details of issuance or disposal
Issuance of new shares as restricted stock compensation
6,900 common shares (new shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥8,017,800
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 | 6,900 common shares (new shares) |
| Issue price and disposal price | ¥1,162 per share |
| Total issue value | ¥8,017,800 |
| Amount of funds to be raised | Total payment amount: ¥8,017,800; estimated net proceeds: Not disclosed |
| Payment date | 24 April 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 6,900 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period runs from 24 April 2026 to 23 April 2066. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 March 2026, ¥1,162. Discount or premium: not stated. |
| Transfer restriction period | 24 April 2026 to 23 April 2066 (40 years) |
| Conditions for lifting transfer restrictions | In principle, all restrictions will be lifted when the restriction period expires, provided that the eligible director has continuously held office as a director of the Company throughout the restriction period. In the event of retirement due to death, expiration of the term of office, reaching the mandatory retirement age or another legitimate reason, the restrictions will be lifted on the number of shares calculated in proportion to the director's months of service. In the event of a corporate reorganization or similar transaction, the restrictions will also be partially lifted based on the prescribed calculation. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of these shares for which the restrictions are not lifted, immediately after it is determined that the restrictions will not be lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration these shares for which the restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors); 6,900 shares allocated |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥8,017,800. The total amount of monetary remuneration claims under this plan is limited to ¥20,000,000 per year. |
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 growth in corporate value and promote long-term value sharing with shareholders.