Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
18,942 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥23,052,414
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 | 18,942 treasury shares |
| Issue price and disposal price | ¥1,217 per share |
| Total issue value | ¥23,052,414 |
| Amount of funds to be raised | Total payment amount through the in-kind contribution of monetary compensation receivables: ¥23,052,414. Estimated net proceeds: Not disclosed |
| Payment date | 2 November 2026 |
| Intended allottee | 53 employees of the Company: 18,942 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of from 2 November 2026 through 2 November 2029. During the restricted transfer period, they will be managed in a dedicated account opened with Daiwa Securities Co., Ltd. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 7 October 2026 was ¥1,217. No discount or premium rate was stated. |
| Transfer restriction period | From 2 November 2026 through 2 November 2029 (3 years) |
| Conditions for lifting transfer restrictions | All restrictions will be lifted upon expiry of the period, provided that the recipient has continuously held employee status with the Company throughout the restricted transfer period. If the recipient loses that status due to expiry of the employment period, death, or another reason deemed legitimate by the Board of Directors, all restrictions will be lifted when the status is lost. In the event of a reorganisation or similar event, the restrictions will be lifted under the prescribed conditions immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiry of the restricted transfer period. |
| Categories and Number of Persons Covered | 53 employees of the Company: 18,942 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥23,052,414 |
Items this document does not state (14)
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 strengthen motivation and engagement in enhancing corporate value by increasing employees’ awareness of their participation in management, their awareness of the Company’s performance and share price, and value sharing with shareholders, while also helping employees build assets.