Notice on the Disposal of Treasury Stock as Restricted Stock Units

Key points

Since inception, the company has introduced a restricted stock unit system to enhance medium- to long-term corporate value and shareholder value. A resolution was passed to dispose treasury stock by allotting ordinary shares to eight targeted directors in exchange for monetary compensation claims as in-kind assets. The total number of allotted shares is 30,700, with a disposal price of 2,149 yen per share and a total of 65,974,300 yen. The restricted period lasts until the resignation date, with termination conditions maintained up to just before the end of the service period. The shares are managed through Nomura Securities, with disposal prohibitions on transfer and collateralization imposed.

Upcoming schedule and impact

The restricted period runs from August 5, 2026, to the resignation date of the eligible directors, at which time the number of released shares will be calculated. Upon maturity or termination, the company will acquire any unliberated shares at no consideration. Since monetary compensation claims are treated as in-kind contributed assets, the impact on capital policy will be organized as treasury stock disposal.