Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Treasury shares: 5,350 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥13,396,400
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 | Treasury shares: 5,350 shares |
| Issue price and disposal price | ¥2,504 per share |
| Total issue value | ¥13,396,400 |
| Amount of funds to be raised | Total payment amount: ¥13,396,400; estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Category 3 directors of the Company (excluding outside directors) / Number of Shares 5,350 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 7 August 2026 through the date on which the recipient ceases to be a director of the Company. |
| 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 7 July 2026, ¥2,504. No discount or premium rate is stated. |
| Transfer restriction period | From 7 August 2026 (the payment date) through the date on which the recipient ceases to be a director of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient remains a director of the Company continuously from 7 August 2026 through 1 July 2027, all of the allocated shares will be released from the transfer restrictions when the transfer restriction period expires. If the recipient ceases to hold the position due to death, expiration of the term of office, or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be released for the number of shares corresponding to the months in office. In the event of a corporate reorganization or similar transaction, the restrictions will also be released based on the prescribed number of months. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted at the end of the restriction period or at another time specified in the agreement. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding outside directors; 5,350 shares |
| Total Stock-Based Compensation | Monetary compensation receivables: ¥13,396,400 in total. The annual compensation limit is ¥40 million or less. |
| Impact on Business Performance | No specific impact on business performance is stated. |
Items this document does not state (12)
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 directors with an incentive to achieve sustained growth in corporate value and promote the sharing of value with shareholders.