Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
32,000 common shares of the Company (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.
¥32,000,000
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 | 32,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,000 per share |
| Total issue value | ¥32,000,000 |
| Payment date | 17 July 2026 |
| Intended allottee | Name The Company's directors (excluding directors not engaged in executive operations, directors who are Audit & Supervisory Committee members and outside directors) / Number of Employees 1 / Number of Shares 3,300 shares, Name The Company's executive officers / Number of Employees 7 / Number of Shares 11,700 shares, Name Employees of the Company / Number of Employees 45 / Number of Shares 17,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to establish a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. Until the transfer restrictions are lifted, the shares will be held and maintained in a designated account at SMBC Nikko Securities Inc. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 29 June 2026, which was ¥1,000. No discount or premium applies. |
| Transfer restriction period | 17 July 2026 to 16 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | The eligible recipient must continuously hold one of the positions of director, executive officer or employee of the Company from the start date of the transfer restriction period until the date of the first annual general meeting of shareholders held after that date (30 June 2027 for employees). In the event of resignation or retirement for a valid reason, part of the transfer restriction will be lifted in proportion to the period of service. In the event of a corporate reorganization or similar event, part of the transfer restriction will likewise be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If the recipient resigns or retires from all positions as director, executive officer and employee of the Company without a valid reason before the prescribed deadline. If any shares remain subject to transfer restrictions when the transfer restriction period expires. If any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 1 Company director, 3,300 shares; 7 Company executive officers, 11,700 shares; 45 Company employees, 17,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥32,000,000. Total annual compensation and other payments for eligible directors are capped at ¥20 million. |
| Impact on Business Performance | The impact of this disposal of treasury shares on performance is Not disclosed |
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 enable the eligible recipients to share with shareholders both the benefits and risks of share price movements, thereby further increasing their motivation to contribute to an increase in the share price and corporate value.