Details of issuance or disposal
Issuance of stock acquisition rights as stock options
488,100 common shares (4,881 stock acquisition rights, equivalent to 100 shares per right)
The lower thin line represents the existing number of shares to which these shares will be added.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as stock options |
| Number of shares to be issued or disposed of | 488,100 common shares (4,881 stock acquisition rights, equivalent to 100 shares per right) |
| Intended allottee | Executive advisers and employees of the company and its subsidiaries: 4,881 rights, equivalent to 488,100 shares |
| Intended allottee's holding policy | The transfer of stock acquisition rights requires approval from the company's Board of Directors. |
| Basis for determining the amount to be paid | An amount calculated by multiplying by 1.05 the average closing price of the company's common stock in regular trading on the Tokyo Stock Exchange on each trading date in the month preceding the month of issuance of the stock acquisition rights. If this amount is below the closing price on the business day preceding the issuance date of the stock acquisition rights, the latter closing price will apply. |
| Exercise price | The payment amount per share will be calculated based on the average closing price for the month preceding the month of issuance multiplied by 1.05. The closing price on the business day preceding the issuance date will be the floor. Adjustment provisions apply in the event of a stock split, reverse stock split, an issuance below market value or similar event after issuance. |
| Exercise period | From 1 August 2028 to 31 March 2030 |
| Number of Stock Acquisition Rights | Total issued: 4,881 rights. Unexercised balance: Not disclosed |
| Reason for acquisition without consideration | No acquisition provision will be established. |
| Categories and Number of Persons Covered | Executive advisers and employees of the company and its subsidiaries: 1,081 people, 4,881 rights, equivalent to 488,100 shares |
| Procedures under the Corporate Code of Conduct | At the 84th Annual General Meeting of Shareholders held on 20 June 2026, the delegation of authority to determine the offering terms of the stock acquisition rights was approved. |
Items this document does not state (17)
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The reasons the company gives
The company's own explanation, not something inferred from the numbers.The purpose is to become a sustainably growing company by enhancing motivation and morale to improve the performance of the company group.