Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
57,500 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.
¥161,862,500
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 | 57,500 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,815 per share |
| Total issue value | ¥161,862,500 |
| Amount of funds to be raised | Total amount to be paid: ¥161,862,500; estimated net proceeds: not disclosed (Not disclosed) |
| Payment date | 21 July 2026 |
| Intended allottee | Name 12 executive officers of the Company / Number of Shares 45,000 shares, Name 10 directors of the Company's subsidiaries / Number of Shares 12,500 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, subject to a security interest by way of transfer, gifted during the donor's lifetime, bequeathed or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, ¥2,815. No discount or premium. |
| Transfer restriction period | In principle, 30 years (21 July 2026 to 20 July 2056). Five years for certain overseas residents (21 July 2026 to 20 July 2031). |
| Conditions for lifting transfer restrictions | In principle, the recipient must continuously hold the position of director, executive officer or audit & supervisory board member from the commencement date of the transfer restriction period until the first annual general meeting of shareholders of the Company or a subsidiary to be held after that date. In cases including retirement for a legitimate reason, the restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If the recipient loses the position of director, executive officer or audit & supervisory board member of the Company or one of its subsidiaries without a legitimate reason before the day preceding the relevant annual general meeting of shareholders, if the restrictions remain in place when the transfer restriction period expires, or if the restrictions have not been lifted as of the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 12 executive officers of the Company: 45,000 shares; 10 directors of the Company's subsidiaries: 12,500 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥161,862,500 |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
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 align the economic interests of the Company's executive officers and the directors of its subsidiaries with those of shareholders and to enhance the corporate value of the Company Group over the medium to long term.