Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
18500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much18,500Shares
18,500 treasury shares
6 directors of the Company12,000 shares
8 executive officers who do not concurrently serve as directors of the Company6,500 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.
¥2,547 per share
Total issue value
¥47,119,500
Amount of funds to be raised
Total amount paid: ¥47,119,500; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥47,119,500
Conditions on transfer restrictions
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.
Transfer restriction period
From 21 August 2026 to 20 August 2076 (50 years)
Conditions for lifting transfer restrictions
Subject to the eligible directors and other eligible recipients continuously holding the position of director or executive officer who does not concurrently serve as a director of the Company during the transfer restriction period, the transfer restrictions on all shares will be lifted upon expiration of the transfer restriction period. If an eligible recipient leaves office upon the expiration of their term, reaching retirement age, or for another legitimate reason, the restrictions on part or all of the shares will be lifted in accordance with the prescribed calculation.
Reason for acquisition without consideration
Except where an eligible recipient leaves office upon the expiration of their term, reaching retirement age, or for another legitimate reason, the Company will automatically acquire without consideration any shares for which the transfer restrictions are not lifted. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category The Company's directors / Number of Employees 6 / Number of allocated shares 12,000 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 8 independent officers / Number of allocated shares 6,500 shares
Intended allottee's holding policy
During the transfer restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them, or otherwise disposing of them in any way. The transfer restriction period runs from 21 August 2026 to 20 August 2076.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 22 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,547. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 18,500 treasury shares |
| Issue price and disposal price | ¥2,547 per share |
| Total issue value | ¥47,119,500 |
| Amount of funds to be raised | Total amount paid: ¥47,119,500; estimated net proceeds: Not disclosed |
| Payment date | 21 August 2026 |
| Intended allottee | Name 6 directors of the Company / Number of Shares 12,000 shares, Name 8 executive officers who do not concurrently serve as directors of the Company / Number of Shares 6,500 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them, or otherwise disposing of them in any way. The transfer restriction period runs from 21 August 2026 to 20 August 2076. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 22 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,547. No discount or premium rate was stated. |
| Transfer restriction period | From 21 August 2026 to 20 August 2076 (50 years) |
| Conditions for lifting transfer restrictions | Subject to the eligible directors and other eligible recipients continuously holding the position of director or executive officer who does not concurrently serve as a director of the Company during the transfer restriction period, the transfer restrictions on all shares will be lifted upon expiration of the transfer restriction period. If an eligible recipient leaves office upon the expiration of their term, reaching retirement age, or for another legitimate reason, the restrictions on part or all of the shares will be lifted in accordance with the prescribed calculation. |
| Reason for acquisition without consideration | Except where an eligible recipient leaves office upon the expiration of their term, reaching retirement age, or for another legitimate reason, the Company will automatically acquire without consideration any shares for which the transfer restrictions are not lifted. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category The Company's directors / Number of Employees 6 / Number of allocated shares 12,000 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 8 independent officers / Number of allocated shares 6,500 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥47,119,500 |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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 eligible director and other eligible recipient, taking into consideration the purpose of the system, the Company's business performance, the scope of responsibilities of each eligible director and other eligible recipient, and other relevant factors. The transfer restriction period is set at 50 years to achieve the sharing of shareholder value over the long term.
How to read this page
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