Worth reading
46Recurring
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
14400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much14,400Shares
14,400 common shares of the Company (treasury shares)
4 directors of the Company, excluding directors who are Audit and Supervisory Committee members; 14,400 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥417 per share
Total issue value
¥6,004,800
Amount of funds to be raised
Total payment amount: ¥6,004,800; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥6,004,800. The annual amount of monetary compensation claims related to share-based compensation is capped at ¥100 million.
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
One year, from 14 July 2026 to 14 July 2027
Conditions for lifting transfer restrictions
Provided that an eligible director continuously holds a position as a director, executive officer or employee of the Company or one of its subsidiaries during the transfer restriction period, all of the shares allotted under this plan will be released from the transfer restrictions upon expiry of that period. In the event of resignation or retirement for a legitimate reason, or death, the restrictions will be partially lifted in proportion to the period of service.
Reason for acquisition without consideration
If, during the transfer restriction period, an eligible director resigns or retires from all positions as a director, executive officer or employee of the Company or one of its subsidiaries without a legitimate reason. If any shares remain subject to transfer restrictions when the restrictions are lifted. If, in a corporate reorganization or similar transaction, any shares remain subject to transfer restrictions.
Stock Split Ratio3 shares for each share; effective date: 1 September 2021
Categories and Number of Persons Covered
Directors of the Company, excluding directors who are Audit and Supervisory Committee members: 4 people, 14,400 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, including by way of inter vivos gift. Upon expiry of the transfer restriction period, the transfer restrictions will be lifted for shares that satisfy the prescribed conditions.
Payment date
14 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 15 June 2026, ¥417. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 14,400 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥417 per share |
| Total issue value | ¥6,004,800 |
| Amount of funds to be raised | Total payment amount: ¥6,004,800; estimated net proceeds: Not disclosed |
| Payment date | 14 July 2026 |
| Intended allottee | 4 directors of the Company, excluding directors who are Audit and Supervisory Committee members; 14,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, including by way of inter vivos gift. Upon expiry of the transfer restriction period, the transfer restrictions will be lifted for shares that satisfy the prescribed conditions. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 15 June 2026, ¥417. No discount or premium applies. |
| Transfer restriction period | One year, from 14 July 2026 to 14 July 2027 |
| Conditions for lifting transfer restrictions | Provided that an eligible director continuously holds a position as a director, executive officer or employee of the Company or one of its subsidiaries during the transfer restriction period, all of the shares allotted under this plan will be released from the transfer restrictions upon expiry of that period. In the event of resignation or retirement for a legitimate reason, or death, the restrictions will be partially lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If, during the transfer restriction period, an eligible director resigns or retires from all positions as a director, executive officer or employee of the Company or one of its subsidiaries without a legitimate reason. If any shares remain subject to transfer restrictions when the restrictions are lifted. If, in a corporate reorganization or similar transaction, any shares remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | Directors of the Company, excluding directors who are Audit and Supervisory Committee members: 4 people, 14,400 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥6,004,800. The annual amount of monetary compensation claims related to share-based compensation is capped at ¥100 million. |
| Stock Split Ratio | 3 shares for each share; effective date: 1 September 2021 |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures under the Corporate Code of ConductMost 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.To enhance the eligible directors’ awareness of their contribution to improving medium- to long-term performance and increasing corporate value, taking into consideration the purpose of the plan, the Company’s performance and other relevant factors.
How to read this page
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