Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Treasury shares: 2,451 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥6,495,150
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 | Treasury shares: 2,451 common shares |
| Issue price and disposal price | ¥2,650 per share |
| Total issue value | ¥6,495,150 |
| Amount of funds to be raised | Total payment amount: ¥6,495,150; estimated net proceeds: Not disclosed |
| Payment date | 14 August 2026 |
| Intended allottee | Category The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 6 / Number of Shares 2,451 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral, or otherwise disposed of. The transfer restriction period runs from 14 August 2026 through 13 August 2056. |
| 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 14 July 2026, ¥2,650. No discount or premium is stated. |
| Transfer restriction period | 14 August 2026 through 13 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible director has continuously held one of the following positions during the period: director or executive officer of the Company or one of its subsidiaries, Audit & Supervisory Board member, or executive officer who does not concurrently serve as a director. If the eligible director leaves office upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted for a number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | The Company will automatically acquire for no consideration any of the shares allocated under this arrangement that remain subject to transfer restrictions when the transfer restriction period expires or when the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding directors who are Audit & Supervisory Committee members), 2,451 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥6,495,150. Compensation limit: no more than ¥25 million per year. |
| Impact on Business Performance | No information was provided regarding the impact on financial results. |
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 the eligible directors with medium- to long-term incentives, share value with shareholders, and further enhance their motivation.