Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
39,093 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.
¥162,118,671
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 | 39,093 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥4,147 per share |
| Total issue value | ¥162,118,671 |
| Amount of funds to be raised | Total payment amount: ¥162,118,671; estimated net proceeds: Not disclosed (contribution in kind) |
| Payment date | 23 July 2026 |
| Intended allottee | Name 3 executive directors of the Company / Number of Shares 15,200 shares, Name 8 executive officers who do not concurrently serve as directors of the Company / Number of Shares 21,000 shares, Name 2 executive directors of the Company's subsidiaries / Number of Shares 1,591 shares, Name 3 executive officers of the Company's subsidiaries who do not concurrently serve as directors / Number of Shares 1,302 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 manner. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Prime Market of the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥4,147. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | From 23 July 2026 until immediately after the recipient retires from a specified position at the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | For eligible directors of the Company, the transfer restrictions will be lifted upon expiration of the transfer restriction period for the number of shares satisfying the continued-service condition, the medium- to long-term performance condition based on a comparison of the Company's TSR with TOPIX growth, and the long-term performance condition based on achievement of the materiality targets under Vision2030, including ESG targets. For eligible officers of the Company's subsidiaries, the transfer restrictions will generally be lifted on all of the shares allotted if they remain continuously in the specified position. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares for which it is confirmed that the transfer restrictions will not be lifted, any shares subject to specified contractual events such as retirement without legitimate cause, and all or part of the shares if the recipient engages in conduct violating laws or regulations or other similar conduct. |
| Categories and Number of Persons Covered | Category Executive directors of the Company / Number of Employees 3 / Number of allocated shares 15,200 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 8 independent officers / Number of allocated shares 21,000 shares, Category Executive directors of the Company's subsidiaries / Number of Employees 2 / Number of allocated shares 1,591 shares, Category Executive officers who do not concurrently serve as directors of the Company's subsidiaries / Number of Employees 3 / Number of allocated shares 1,302 shares |
| Total Stock-Based Compensation | Total amount of monetary claims granted: ¥162,118,671. The annual compensation limit for executive directors approved on 25 June 2021 is ¥200 million or less. |
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 provide healthy incentives for the sustainable growth of the corporate value of the Company Group and to further promote value sharing with shareholders.