Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,030 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,638,210
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 | 2,030 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥807 per share |
| Total issue value | ¥1,638,210 |
| Payment date | 24 July 2026 |
| Intended allottee | Name 4 of the Company's directors, excluding outside directors / Number of Shares 2,030 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the recipients may not transfer the shares to third parties, create pledges or security interests over them, make inter vivos gifts or bequests, or otherwise dispose of them in any way. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, ¥807. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026 until the date on which the eligible recipient ceases to serve as a director of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously remain a director of the Company from the start date of the transfer restriction period through the date of the first annual general meeting of shareholders of the Company held thereafter. If the recipient ceases to serve as a director for a legitimate reason, a portion of the restrictions will be lifted based on the number of months served. |
| Reason for acquisition without consideration | If the recipient ceases to serve as a director without a reason deemed legitimate by the Board of Directors before the day preceding the first annual general meeting of shareholders held thereafter. If any shares remain subject to transfer restrictions when the restriction period expires. If the recipient ceases to serve as a director in connection with a corporate reorganization or similar event and any shares remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding outside directors; 2,030 shares in total |
| Total Stock-Based Compensation | ¥1,638,210 in monetary compensation receivables in total |
| Impact on Business Performance | The documents do not state the impact of this disposal of treasury shares on financial results. |
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.The restricted stock compensation is being granted to further strengthen the directors’ motivation to contribute to increasing the Company’s corporate value.