Worth reading
47Recurring
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
28547
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much28,547Shares
28,547 shares of the Bank's common stock (treasury shares)
6 of the Bank's directors (excluding outside directors)25,357 shares
1 of the Bank's executive managing officers3,190 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.
¥2,524 per share
Amount of funds to be raised
Total payment amount: ¥72,052,628; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥72,052,628. The annual monetary compensation limit for eligible directors is ¥80 million or less.
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
From 17 July 2026 to 17 July 2056 (30 years)
Conditions for lifting transfer restrictions
The transfer restrictions on all shares will be lifted upon expiry of the restricted transfer period, provided that the recipient remains a director or executive officer of the Bank continuously from 24 June 2026 through the conclusion of the following year's annual general meeting of shareholders. In the event of retirement due to death or other legitimate reasons, the restrictions will be lifted at the time of retirement with respect to the number of shares determined based on the period of service and other factors.
Reason for acquisition without consideration
The Bank will acquire without consideration any of the shares subject to this allocation whose transfer restrictions have not been lifted upon expiry of the restricted transfer period or when the transfer restrictions are lifted. In the event of a corporate reorganization or other similar event, the Bank will also acquire without consideration any shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors of the Bank (excluding outside directors) / Number of Employees 6 / Number of allocated shares 25,357 shares, Category Executive managing officers of the Bank / Number of Employees 1 / Number of allocated shares 3,190 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Bank's common stock on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,524. No discount or premium rate was disclosed.
Procedures under the Corporate Code of Conduct
The Board of Directors will determine the disposal price following deliberation by the Corporate Governance Committee, an advisory body to the Board of Directors.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 28,547 shares of the Bank's common stock (treasury shares) |
| Issue price and disposal price | ¥2,524 per share |
| Amount of funds to be raised | Total payment amount: ¥72,052,628; estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Category 6 of the Bank's directors (excluding outside directors) / Number of Shares 25,357 shares, Category 1 of the Bank's executive managing officers / Number of Shares 3,190 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Bank's common stock on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,524. No discount or premium rate was disclosed. |
| Transfer restriction period | From 17 July 2026 to 17 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions on all shares will be lifted upon expiry of the restricted transfer period, provided that the recipient remains a director or executive officer of the Bank continuously from 24 June 2026 through the conclusion of the following year's annual general meeting of shareholders. In the event of retirement due to death or other legitimate reasons, the restrictions will be lifted at the time of retirement with respect to the number of shares determined based on the period of service and other factors. |
| Reason for acquisition without consideration | The Bank will acquire without consideration any of the shares subject to this allocation whose transfer restrictions have not been lifted upon expiry of the restricted transfer period or when the transfer restrictions are lifted. In the event of a corporate reorganization or other similar event, the Bank will also acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors of the Bank (excluding outside directors) / Number of Employees 6 / Number of allocated shares 25,357 shares, Category Executive managing officers of the Bank / Number of Employees 1 / Number of allocated shares 3,190 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥72,052,628. The annual monetary compensation limit for eligible directors is ¥80 million or less. |
| Procedures under the Corporate Code of Conduct | The Board of Directors will determine the disposal price following deliberation by the Corporate Governance Committee, an advisory body to the Board of Directors. |
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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.The purpose is to appoint capable personnel as officers and further enhance the motivation of the eligible officers, taking into consideration the purpose of the plan, the Bank's operating performance, the scope of the officers' responsibilities and other relevant factors.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.