Details of issuance or disposal
Issuance of new shares as restricted stock compensation
7,000 common shares (new shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,983,000
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 | 7,000 common shares (new shares) |
| Issue price and disposal price | ¥569 per share |
| Total issue value | ¥3,983,000 |
| Payment date | 16 April 2026 |
| Intended allottee | Name 2 directors of the Company (excluding outside directors) / Number of Shares 7,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 March 2026, which was ¥569. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | 16 April 2026 to 15 April 2029 (3 years) |
| Conditions for lifting transfer restrictions | The recipient must continuously remain in office or employed in one of the following positions from the start date of the transfer restriction period until the date of the annual general meeting of shareholders to be held in 2029: director, executive officer, employee or any other equivalent position at the Company. In the event of retirement from office or employment for a valid reason, the restrictions will be lifted in part according to the number of months in office or employment. |
| Reason for acquisition without consideration | If the recipient retires from office or employment during the transfer restriction period without a reason deemed valid, if any shares remain subject to the restrictions when the transfer restriction period expires, or if any shares remain subject to the restrictions as a result of a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding outside directors; 7,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥3,983,000 (annual compensation limit of no more than ¥60 million) |
| Stock Split Ratio | Not applicable (the most recent stock split was conducted effective 1 July 2021, at a ratio of 3 common shares for each 1 share) |
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.