Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
49,419 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.
¥211,859,253
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 | 49,419 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥4,287 per share |
| Total issue value | ¥211,859,253 |
| Amount of funds to be raised | Total amount paid: ¥211,859,253; estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Category 7 directors of the Company (excluding outside directors) / Number of Shares 24,263 shares, Category 17 executive officers of the Company / Number of Shares 25,156 shares |
| Intended allottee's holding policy | From 17 July 2026 (the payment date) until the date on which the holder ceases to hold either the position of director or executive officer of the Company, the shares may not be transferred, pledged or otherwise disposed of. |
| 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 stock on the TSE Prime Market on 16 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥4,287. The payment amount was based on the closing price on the immediately preceding business day, with no discount or premium specified. |
| Transfer restriction period | From 17 July 2026, the payment date, until the date on which the recipient ceases to hold either the position of director or executive officer of the Company |
| Conditions for lifting transfer restrictions | The holder must continuously hold the position of director or executive officer of the Company from 17 July 2026 until the close of the annual general meeting of shareholders for the fiscal year ending March 2027. For executive officers who do not concurrently serve as directors, the period runs until the close of the Board of Directors meeting immediately following that annual general meeting. If the holder ceases to hold the position due to death, medical treatment, caring for or raising a family member, expiration of the term of office or any other reason deemed justifiable by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | At the expiration of the restricted transfer period or other prescribed time specified in the agreement, the Company will acquire without consideration any allocated shares that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 7 / Number of allocated shares 24,263 shares, Category The Company's executive officers / Number of Employees 17 / Number of allocated shares 25,156 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥211,859,253. Monetary remuneration claims for the eligible directors are capped at ¥150 million per year. |
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 an incentive to achieve sustained growth in corporate and shareholder value over the medium to long term, and to further promote the sharing of value with shareholders. The company also took into consideration the purpose of the plan, the company’s performance, the scope of responsibilities of each allottee and other relevant circumstances.