Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
106,095 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.
¥95,697,690
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 | 106,095 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥902 per share |
| Total issue value | ¥95,697,690 |
| Amount of funds to be raised | Total amount paid in: ¥95,697,690; estimated net proceeds: Not disclosed |
| Payment date | 26 June 2026 |
| Intended allottee | Name 5 directors (excluding outside directors) / Number of Shares 65,325 shares, Name 19 executive officers / Number of Shares 40,770 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. Upon expiry of the restricted period, the restrictions on shares that meet the applicable conditions will be lifted. |
| 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 Tokyo Stock Exchange on 26 May 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥902. Discount/premium: none |
| Transfer restriction period | From 26 June 2026 until the date on which the recipient ceases to hold any position as a director, executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director of the Company from 26 June 2026 through 1 June 2027, all of the allotted shares will be released from the restrictions upon expiry of the restricted period. If the recipient ceases to hold the position due to death, expiry of the term of office or any other reason deemed legitimate by the Board of Directors, the number of shares released will be calculated by multiplying the allotted shares by the number of months from May 2026 through the month containing the date on which the recipient ceases to hold the position, divided by 12. In the event of a corporate reorganization or similar transaction, all shares may be released by resolution of the Board of Directors. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the restrictions have not been lifted upon expiry of the restricted period or at any other time specified in the agreement. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 65,325 shares, Category Executive officers / Number of Employees 19 / Number of allocated shares 40,770 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥95,697,690 |
| Stock Split Ratio | 3 shares for each share; effective date: Not disclosed (conducted with 28 February 2026 as the record date) |
Items this document does not state (12)
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 incentives for the sustained enhancement of corporate value and promote the sharing of value with shareholders. The Company stated that the purpose of the scheme, the Company’s performance and the scope of responsibilities of each prospective allottee were taken into consideration in this allotment.