Details of issuance or disposal
Issuance of new shares as restricted stock compensation
28,900 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥21,732,800
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 | 28,900 common shares |
| Issue price and disposal price | ¥752 per share |
| Total issue value | ¥21,732,800 |
| Amount of funds to be raised | Total amount paid: ¥21,732,800; estimated net proceeds: Not disclosed |
| Payment date | 26 June 2026 |
| Intended allottee | Name 4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors / Number of Shares 28,900 shares |
| Intended allottee's holding policy | The shares will be held for the purpose of sharing shareholder value over the medium to long term and maintaining long-term, stable share ownership, and will be subject to a 30-year transfer restriction. |
| 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 27 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥752. Discount/premium rate: Not disclosed |
| Transfer restriction period | 30 years (from 26 June 2026 to 25 June 2056) |
| Conditions for lifting transfer restrictions | Subject to the eligible directors continuously holding the position of director of the Company throughout the transfer restriction period, all of the allocated shares will be released from the transfer restriction upon expiration of the transfer restriction period. If a director retires upon expiration of the term of office or for another legitimate reason, the number of shares corresponding to the director's period of service will be released from the transfer restriction. In the event of a corporate reorganization or other similar event, the number of shares determined in accordance with the prescribed calculation method will also be released from the transfer restriction. |
| Reason for acquisition without consideration | The Company will acquire without consideration any allocated shares that remain subject to the transfer restriction upon expiration of the transfer restriction period or at the time the transfer restriction is released. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors; 28,900 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables or monetary claims: ¥21,732,800; no more than ¥50 million per year |
| Stock Split Ratio | 2 shares for each 1 share; effective date: 1 March 2026 |
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.The purpose is to provide medium- to long-term incentives, promote long-term and stable share ownership, share value with shareholders, and further enhance the motivation of the eligible directors.