Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
67,500 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.
¥116,302,500
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 | 67,500 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,723 per share |
| Total issue value | ¥116,302,500 |
| Amount of funds to be raised | Total payment amount: ¥116,302,500; estimated net proceeds: Not disclosed (the shares will be issued in exchange for an in-kind contribution of monetary compensation receivables) |
| Payment date | 20 August 2026 |
| Intended allottee | Name The company’s directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Employees 6 / Number of Shares 26,100 shares, Name Directors of the company's subsidiaries / Number of Employees 14 / Number of Shares 41,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. |
| 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 21 July 2026, ¥1,723. No discount or premium applies. |
| Transfer restriction period | 20 August 2026 to 19 August 2029 (three years) |
| Conditions for lifting transfer restrictions | In principle, the individual must continuously hold a position as a director, Audit & Supervisory Board member, executive officer or employee of the Company or one of its subsidiaries throughout the transfer restriction period. If the individual retires or leaves employment upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restriction will be lifted for the number of shares corresponding to the individual's months of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the transfer restriction is not lifted, immediately after it is determined that the restriction will not be lifted. In the event of a reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restriction is not lifted. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding directors serving as Audit and Supervisory Committee Members and outside directors), 26,100 shares; 14 directors of the Company's subsidiaries, 41,400 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥116,302,500 |
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 the eligible directors and others with an incentive to achieve sustainable enhancement of corporate value and promote value sharing with shareholders. The Company also took into account its objectives, performance, the scope of responsibilities of each eligible director and other relevant circumstances.