Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
7600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much7,600Shares
7,600 common shares of the Bank (treasury shares)
6 directors of the Bank (excluding outside directors)4,700 shares
14 executive officers of the Bank2,900 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.
¥6,510 per share
Total issue value
¥49,476,000
Total Stock-Based Compensation
Total monetary remuneration claims of ¥49,476,000 (the annual cap on total remuneration and other compensation for directors is ¥70 million)
Conditions on transfer restrictions
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.
Transfer restriction period
The period from the delivery date of the restricted shares until the date on which the holder ceases to hold any position as a director, executive officer or employee of the Bank.
Conditions for lifting transfer restrictions
In principle, the holder must continuously hold a position as a director, executive officer or employee of the Bank from the commencement date of the restriction period until the date of the first annual general meeting of shareholders held after that date. If the holder leaves office or retires for a legitimate reason, part of the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without consideration
The Bank will acquire without consideration any shares whose restrictions have not been lifted if the holder leaves office or retires without a legitimate reason by the day before the first annual general meeting of shareholders held after the commencement date of the restriction period, if any shares remain subject to restrictions because the conditions for lifting the restrictions have not been met, or if the holder leaves office or retires as a result of a corporate reorganization or similar event.
Categories and Number of Persons Covered
Category The Bank's directors (excluding outside directors) / Number of Employees 6 / Number of allocated shares 4,700 shares, Category Executive officers of the Bank / Number of Employees 14 / Number of allocated shares 2,900 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way, and will be held and maintained in a designated account at SMBC Nikko Securities Inc. until the restrictions are lifted.
Payment date
31 July 2026
Basis for determining the amount to be paid
The closing price of the Bank's common shares on the Tokyo Stock Exchange on 10 July 2026, which was ¥6,510. No discount or premium is stated.
Impact on Business Performance
No impact on financial results from this disposal of treasury shares is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 7,600 common shares of the Bank (treasury shares) |
| Issue price and disposal price | ¥6,510 per share |
| Total issue value | ¥49,476,000 |
| Payment date | 31 July 2026 |
| Intended allottee | Category 6 directors of the Bank (excluding outside directors) / Number of Shares 4,700 shares, Category 14 executive officers of the Bank / Number of Shares 2,900 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way, and will be held and maintained in a designated account at SMBC Nikko Securities Inc. until the restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Bank's common shares on the Tokyo Stock Exchange on 10 July 2026, which was ¥6,510. No discount or premium is stated. |
| Transfer restriction period | The period from the delivery date of the restricted shares until the date on which the holder ceases to hold any position as a director, executive officer or employee of the Bank. |
| Conditions for lifting transfer restrictions | In principle, the holder must continuously hold a position as a director, executive officer or employee of the Bank from the commencement date of the restriction period until the date of the first annual general meeting of shareholders held after that date. If the holder leaves office or retires for a legitimate reason, part of the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | The Bank will acquire without consideration any shares whose restrictions have not been lifted if the holder leaves office or retires without a legitimate reason by the day before the first annual general meeting of shareholders held after the commencement date of the restriction period, if any shares remain subject to restrictions because the conditions for lifting the restrictions have not been met, or if the holder leaves office or retires as a result of a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | Category The Bank's directors (excluding outside directors) / Number of Employees 6 / Number of allocated shares 4,700 shares, Category Executive officers of the Bank / Number of Employees 14 / Number of allocated shares 2,900 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims of ¥49,476,000 (the annual cap on total remuneration and other compensation for directors is ¥70 million) |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering
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 enable directors and executive officers to share with shareholders both the benefits and risks of share price fluctuations, and to increase their motivation to contribute to higher share prices and enhanced corporate value.
How to read this page
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