Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
7,574 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥17,708,012
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 | 7,574 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,338 per share |
| Total issue value | ¥17,708,012 |
| Payment date | 13 July 2026 |
| Intended allottee | Name 4 directors of the Company (excluding directors who are Audit & Supervisory Committee members and outside directors) / Number of Shares 7,574 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, given as an inter vivos gift or otherwise disposed of, and must be held and maintained in a dedicated account until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 23 June 2026, ¥2,338 |
| Transfer restriction period | From 13 July 2026 to 12 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient has continuously held one of the positions of director, Audit & Supervisory Board member, executive officer or employee of the Company or one of its subsidiaries during the transfer restriction period, all of the shares allotted under this arrangement will have their transfer restrictions lifted upon expiration of the period. In the event of resignation or retirement for a valid reason, or death, the restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If any of the shares allotted under this arrangement remain subject to transfer restrictions when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, if any shares remain subject to transfer restrictions after the restrictions are lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding directors who are Audit & Supervisory Committee members and outside directors), 7,574 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥17,708,012 |
Items this document does not state (15)
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 directors’ awareness of their participation in management by having them own the Company’s shares, thereby promoting sustained improvement in corporate value and the sharing of value with shareholders over the medium to long term.