Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
21,000 common shares of the company (treasury 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.
¥31,815,000
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 | 21,000 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥1,515 per share |
| Total issue value | ¥31,815,000 |
| Amount of funds to be raised | Total payment amount: ¥31,815,000; estimated net proceeds: Not disclosed (through the in-kind contribution of the recipients' monetary compensation receivables) |
| Specific use of funds | not disclosed (this is not a cash financing transaction; the consideration consists of an in-kind contribution of monetary compensation claims) |
| Payment date | 1 October 2026 |
| Intended allottee | Name Directors of the company's subsidiary (including the company's delegated executive officers) / Number of Employees 7 / Number of Shares 19,000 shares, Name Employees of the Company / Number of Employees 1 / Number of Shares 2,000 shares |
| Intended allottee's holding policy | From 1 October 2026 until the date on or after 30 June 2030 on which the recipient ceases to hold any position as a director, audit & supervisory board member, executive officer or employee of the company or its subsidiary, the shares may not be transferred, pledged or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 15 September 2026: ¥1,515. No discount or premium. |
| Transfer restriction period | From 1 October 2026 until the date on or after 30 June 2030 on which the recipient ceases to hold any position as a director, audit & supervisory board member, executive officer or employee of the company or its subsidiary |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as a director, audit & supervisory board member, executive officer or employee of the company or its subsidiary from 1 October 2026 through 30 June 2030. In the event of mandatory retirement, company-initiated retirement, or resignation or retirement for another reason deemed legitimate by the board of directors, the restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If the recipient ceases to hold any position as a director, audit & supervisory board member, executive officer or employee of the company or its subsidiary during the service period, except in certain cases. In addition, the company will acquire without consideration any shares for which the restrictions have not been lifted upon the recipient's prescribed resignation or retirement or in connection with a corporate reorganisation. |
| Categories and Number of Persons Covered | 7 directors of the company's subsidiary (including the company's delegated executive officers), 19,000 shares; 1 employee of the company, 2,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥31,815,000 |
| Impact on Business Performance | No impact on performance from this disposal of treasury shares was stated |
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.The purpose is to further enhance the motivation of each recipient, taking into account the scope of the recipients' responsibilities and other relevant circumstances.