Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
36,366 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.
¥180,993,582
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 | 36,366 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥4,977 per share |
| Total issue value | ¥180,993,582 |
| Amount of funds to be raised | Total payment amount: ¥180,993,582; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 4 / Number of Shares 7,743 shares, Category The Company's executive officers and advisors / Number of Employees 26 / Number of Shares 21,923 shares, Category Directors of subsidiaries of the Company / Number of Employees 15 / Number of Shares 6,700 shares |
| 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 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥4,977. No discount or premium rate was stated. |
| Transfer restriction period | 24 July 2026 to 23 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient remains in one of the prescribed positions as a director, executive officer, advisor, executive, or full-time corporate advisor of the Company or one of its subsidiaries through the prescribed period, all transfer restrictions on the shares allotted under this arrangement that are held at the end of the period will be lifted. If the recipient leaves the position for a valid reason, the number of shares and the timing of the lifting of the restrictions will be reasonably adjusted. |
| Reason for acquisition without consideration | The Company will acquire the shares without consideration if, after the transfer restriction period begins and before the prescribed date, the recipient leaves an eligible position at the Company or one of its subsidiaries without a valid reason, if the transfer restrictions have not been lifted at the end of the transfer restriction period, or if the transfer restrictions have not been lifted in connection with a reorganization or other event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 4 / Number of allocated shares 7,743 shares, Category The Company's executive officers and advisors / Number of Employees 26 / Number of allocated shares 21,923 shares, Category Directors of subsidiaries of the Company / Number of Employees 15 / Number of allocated shares 6,700 shares |
| Total Stock-Based Compensation | Monetary compensation claims totaling ¥180,993,582 (¥38,536,911 for directors, ¥109,110,771 for executive officers and advisors, and ¥33,345,900 for directors of subsidiaries) |
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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.