Details of issuance or disposal
Issuance of stock acquisition rights as stock options for employees
352,000 shares (3,520 stock acquisition rights, with 100 shares per right)
No consideration
No new shares will be issued; treasury shares will be delivered.
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 | Issuance of stock acquisition rights as stock options for employees |
| Number of shares to be issued or disposed of | 352,000 shares (3,520 stock acquisition rights, with 100 shares per right) |
| Issue price and disposal price | The issue price is nil per stock acquisition right. |
| Total issue value | No consideration |
| Amount of funds to be raised | No payment will be made upon the issuance of the stock acquisition rights, and no proceeds will arise. The aggregate payment amount upon exercise and the estimated net proceeds are Not disclosed. |
| Intended allottee | Category The Company's employees / Number of Employees 222 people / Number allocated 3,520 rights |
| Intended allottee's holding policy | The transfer, pledging or other disposition of the stock acquisition rights is not permitted. |
| Total number of issued shares | No new shares will be issued; treasury shares will be delivered. |
| Basis for determining the amount to be paid | The amount will be calculated by multiplying the average closing price on each trading day of the Tokyo Stock Exchange during the month preceding the month containing the allotment date by 105%, with amounts of less than ¥1 rounded up. However, the amount will not be lower than the closing price on the allotment date. |
| Exercise price | The payment amount per share will be determined based on 105% of the average closing price during the month preceding the month containing the allotment date. Adjustment provisions apply in the event of a stock split or other similar event. The lower limit for any revision is the closing price on the allotment date. |
| Exercise period | Start Date 31 July 2028 / End date 30 July 2036 |
| Number of Stock Acquisition Rights | Total number issued 3,520 rights / Unexercised balance Not disclosed |
| Conditions for lifting transfer restrictions | The transfer, pledging or other disposition of the stock acquisition rights is not permitted. Among other requirements, the holder must be a director, executive officer or employee of the Company or one of its subsidiaries at the time of exercise. |
| Reason for acquisition without consideration | If, before exercising the rights, the holder ceases to be a director, executive officer or employee of the Company or one of its subsidiaries, or otherwise ceases to satisfy the exercise conditions. |
| Categories and Number of Persons Covered | 222 employees of the Company, 3,520 rights |
| Procedures under the Corporate Code of Conduct | Resolved at the Board of Directors meeting held on 30 July 2026 |
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 further increase the motivation and morale of the Company's employees to improve performance.