Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
13,900 shares of the Company’s common stock (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.
As the total monetary compensation receivables of ¥55,349,800 will be contributed in kind, no cash will be raised by the Company. Estimated net proceeds: Not disclosed
As this is a disposal of treasury shares, whether it is explicitly stated that the total number of issued shares will not increase: Not disclosed
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 | 13,900 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥3,982 per share |
| Amount of funds to be raised | As the total monetary compensation receivables of ¥55,349,800 will be contributed in kind, no cash will be raised by the Company. Estimated net proceeds: Not disclosed |
| Payment date | 14 August 2026 |
| Intended allottee | Name 4 directors of the Company, excluding directors who are Audit and Supervisory Committee Members / Number of Shares 6,000 shares, Name 12 executive officers of the Company / Number of Shares 7,900 shares |
| Intended allottee's holding policy | During the amended transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipients have continuously remained in the prescribed position or office. |
| Total number of issued shares | As this is a disposal of treasury shares, whether it is explicitly stated that the total number of issued shares will not increase: Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange Prime Market on 14 July 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥3,982. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From the date on which the restricted stock is allotted until the later of the date on which the recipient retires or leaves the prescribed position or office at the Company or one of its subsidiaries, or 1 July 2027 |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the prescribed position or office at the Company or one of its subsidiaries during the amended transfer restriction period. In the event of retirement or departure upon expiration of the recipient’s term, death or other justifiable reason, the number of shares for which the restrictions are lifted and the timing of the lifting will be adjusted according to the period of service. |
| Reason for acquisition without consideration | At the expiration of the amended transfer restriction period, the Company will acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted. In the event of a reorganization or similar transaction, the Company will likewise acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company, excluding directors who are Audit and Supervisory Committee Members / Number of Employees 4 / Number of allocated shares 6,000 shares, Category The Company's executive officers / Number of Employees 12 / Number of allocated shares 7,900 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥55,349,800 |
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 sustainable growth in the corporate value of the Company Group and promote the sharing of value with shareholders. In addition, to appoint capable personnel and further enhance their motivation, taking into account the recipients’ contributions, the Company’s performance and the scope of their responsibilities.