Decision and Details
Board of DirectorsContents of the trust agreement concerning the reintroduction of the Employee Stock Ownership ESOP Trust
To enhance employees' awareness of their participation in management, achieve the Company's medium- to long-term management objectives, improve corporate value, expand employee benefits, and ensure a stable and continuous supply of the Company's shares to the Company's employee stock ownership plan
| Item | Details |
|---|---|
| Matter Covered | Contents of the trust agreement concerning the reintroduction of the Employee Stock Ownership ESOP Trust |
| Decision-Making Body | Board of Directors |
| Decision Date | 12 May 2026 |
| Implementation Date | 29 May 2026 (scheduled trust agreement date and establishment date) |
| Period Covered | 29 May 2026 to 15 June 2031 (scheduled) |
| Amount | Total acquisition amount: ¥223 million |
| Quantity / scale | The Company's common shares. The number of shares to be acquired is the number expected to be acquired by the Company's employee stock ownership plan during the trust period (specific number of shares: Not disclosed) |
| Reason | To enhance employees' awareness of their participation in management, achieve the Company's medium- to long-term management objectives, improve corporate value, expand employee benefits, and ensure a stable and continuous supply of the Company's shares to the Company's employee stock ownership plan |
| Related previous disclosures | Resolution adopted at the Board of Directors meeting held on 10 February 2026 to reintroduce the employee incentive plan, the Employee Stock Ownership ESOP Trust |
| Future plans | The trust agreement is scheduled to be executed and the trust established on 29 May 2026. The trust is scheduled to remain in place through 15 June 2031. |
Items this document does not state (2)
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 enhance employees' awareness of their participation in management and achieve the Company's medium- to long-term management objectives and improve corporate value. The trust will also be reintroduced because the previous ESOP trust ended in April 2025.