Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
49,255 common shares (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.
¥64,868,835
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 | 49,255 common shares (treasury shares) |
| Issue price and disposal price | ¥1,317 per share |
| Total issue value | ¥64,868,835 |
| Amount of funds to be raised | Total payment amount: ¥64,868,835; estimated net proceeds: Not disclosed |
| Payment date | 21 July 2026 |
| Intended allottee | Category The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 9 / Number of Shares 33,169 shares, Category Directors of the Company who are Audit and Supervisory Committee members / Number of Employees 4 / Number of Shares 5,778 shares, Category The Company's executive officers (excluding executive officers who concurrently serve as directors) / Number of Employees 6 / Number of Shares 10,308 shares |
| Intended allottee's holding policy | During the restricted period, the recipients may not transfer the shares, create security interests over them, or otherwise dispose of them. The restricted period will run from 21 July 2026 until the later of the date on which the recipient ceases to hold either the position of director or executive officer, or the date on which the annual securities report for the fiscal year ending March 2027 is filed. |
| Basis for determining the amount to be paid | The closing price of the company’s common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,317. No discount or premium rate was stated. |
| Transfer restriction period | From 21 July 2026 until the later of the date on which the recipient ceases to hold either the position of director or executive officer, or the date on which the annual securities report for the fiscal year ending March 2027 is filed |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds either the position of director or executive officer from 21 July 2026 through the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027, all of the allotted shares will be released from the transfer restrictions on the expiration date of the restricted period. If the recipient ceases to hold the position due to expiration of the term of office, death, or another reason deemed legitimate by the Board of Directors, the number of shares released will be calculated based on the number of months in office. In the event of a corporate reorganization or similar event, the restrictions will also be released based on the prescribed formula. |
| Reason for acquisition without consideration | The company will automatically acquire without consideration any allotted shares that remain subject to transfer restrictions when the restricted period expires. |
| Categories and Number of Persons Covered | 9 directors (excluding directors serving as Audit & Supervisory Committee Members): 33,169 shares; 4 directors serving as Audit & Supervisory Committee Members: 5,778 shares; 6 executive officers: 10,308 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥64,868,835 |
| Impact on Business Performance | The impact of this disposal of treasury shares on business performance is Not disclosed |
Items this document does not state (13)
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 share with shareholders the benefits and risks of share price fluctuations and increase recipients’ motivation to contribute to a higher share price, enhanced corporate value, prevention of impairment of corporate value, and the maintenance of credibility.