Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
18,110 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.
¥156,271,190
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 | 18,110 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥8,629 per share |
| Total issue value | ¥156,271,190 |
| Payment date | 24 July 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of Shares 7,369 shares, Category The Company's outside directors / Number of Employees 4 / Number of Shares 800 shares, Category The Company's executive officers / Number of Employees 21 / Number of Shares 9,941 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of. The holding policy after the restrictions are lifted is Not disclosed. |
| 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 24 June 2026, ¥8,629. No discount or premium applies. |
| Transfer restriction period | From the payment date until the later of the date on which the recipient retires or resigns from any position as a director, Audit & Supervisory Board member, executive officer or employee of the Company or any of its subsidiaries, or the date on which the prescribed annual securities report or semi-annual securities report is filed. |
| Conditions for lifting transfer restrictions | The restrictions will be fully lifted upon expiration of the restricted period, provided that the recipient has continuously held a position as a director, Audit & Supervisory Board member, executive officer or employee of the Company or any of its subsidiaries throughout the service provision period. In the event of retirement or resignation for a valid reason, or death, the restrictions will be partially lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the recipient retires or resigns from all positions as a director, Audit & Supervisory Board member, executive officer or employee of the Company or any of its subsidiaries during the restricted period without a valid reason. This also applies if any shares remain subject to the restrictions at the time the restrictions are lifted. |
| Categories and Number of Persons Covered | The Company's directors (excluding outside directors): 5 people, 7,369 shares, The Company's outside directors: 4 people, 800 shares, The Company's executive officers: 21 people, 9,941 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥156,271,190. The annual compensation limit is ¥200 million, of which the limit for outside directors is ¥20 million. |
Items this document does not state (14)
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 an incentive to achieve sustained growth in corporate value and promote the sharing of value over the medium to long term between the eligible recipients and shareholders. The decision also took into consideration the purpose of the plan, business performance and other relevant circumstances.