Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
3,300 common shares of the Company (treasury shares)
¥3,072,300
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 | 3,300 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥931 per share |
| Total issue value | ¥3,072,300 |
| Amount of funds to be raised | Total payment amount: ¥3,072,300; estimated net proceeds: Not disclosed |
| Payment date | 21 July 2026 |
| Intended allottee | Name Directors of subsidiaries of the Company / Number of Employees 11 / Number of Shares Not disclosed |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of from the payment date until the date on which the recipient ceases to be either a director or executive officer of the Company or any of its subsidiaries. The transfer restrictions on all shares will be lifted upon expiry of the restriction period, provided that the recipient has continuously held the position of director or executive officer throughout the prescribed service period. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥931. No discount or premium applies. |
| Transfer restriction period | From 21 July 2026 (the payment date) until the date on which the recipient ceases to be either a director or executive officer of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | The recipient must have continuously held the position of director or executive officer of the Company or any of its subsidiaries throughout the relevant service period, from the date of the subsidiary's annual general meeting of shareholders immediately preceding the payment date through the date of the subsidiary's annual general meeting of shareholders held in the following year. |
| Reason for acquisition without consideration | If the transfer restrictions have not been lifted upon expiry of the restriction period. In addition, if a corporate reorganization or similar transaction is approved during the restriction period, the Company will acquire all shares for no consideration as of the business day preceding the effective date of the corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 11 directors of a subsidiary of the Company; number of shares allocated: Not disclosed |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥3,072,300 |
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 provide an incentive to achieve sustained growth in the corporate value of the entire Company Group and to further promote value sharing with shareholders.