| 1. |
Issue Date of Stock Acquisition Rights: |
| |
|
August 1, 2005 |
| 2. |
Aggregate Number of Stock Acquisition Rights to be Issued: |
| |
|
12,700 Stock Acquisition Rights (The number of shares per a Stock Acquisition Right shall be 100 shares). |
| 3. |
Issue Price of Stock Acquisition Rights: |
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|
The Stock Acquisition Rights shall be issued without receipt of consideration. |
| 4. |
Type/Number of Shares under Stock Acquisition Rights: |
| |
|
1,270,000 shares of common stock of the Company. |
| 5. |
The Amount to be Paid upon Exercise of Stock Acquisition Rights: |
| |
|
To be determined on August 1, 2005. |
| 6. |
Total paid-in value of the shares of the common stock of the Company to be issued upon exercise of the Stock Acquisition Rights: |
| |
|
To be determined on August 1, 2005. |
| 7. |
Exercise Period of Stock Acquisition Rights: |
| |
|
From July 1, 2007 to June 30, 2011. |
| 8. |
Conditions of Exercise of Stock Acquisition Rights: |
| |
(i) |
Those to whom the stock options are allocated (hereinafter referred to as "grantee(s)") shall be limited to those who actually have positions as directors, managing officers or employees of the Company, or directors of any of its subsidiaries at the time of exercising the stock option right. Provided that a grantee may exercise his/her stock option for a period of six (6) months (but only during the exercisable period) following the date of resignation or retirement if a grantee forfeits any position mentioned above due to expiry of term of office or retirement from the Company. |
| |
(ii) |
)In case a grantee forfeits the exercise conditions of the stock option, he/she shall immediately lose such stock option, and has to return it to the Company immediately without receipt of consideration. |
| |
(iii) |
Other applicable conditions (including the details regarding item (i) above) shall be as prescribed by the "Stock Option Allocation Agreement," and "Detailed Regulations concerning the Stock Option Allocation Agreement," which shall be entered into by and between the grantees and the Company, pursuant to the relevant resolutions at both the Ordinary General Meeting of Shareholders and the Board of Directors. |
| 9. |
Non-Capitalization of the Exercise Price: |
| |
|
The Exercise Price shall be credited to capital stock account and non-capital stock account. The portion of the Exercise Price credited to non-capital account shall be determined by multiplying the Exercise Price by 50 percent (any fraction less than one yen resulting from such adjustment will be rounded down to the nearest yen). |
| 10. |
Restriction of Assignment of Stock Acquisition Rights: |
| |
|
Approval of the Board of Directors of the Company shall be required for assignment of the Stock Acquisition Rights. |
| 11. |
Individuals who will be allotted Stock Acquisition Rights: |
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|
| Directors |
|
13 persons |
| Managing officers |
|
27 persons |
| General managers |
|
343 persons |
| Directors of any of its subsidiaries |
|
97 persons (including directors of wholly owned subsidiaries: 34 persons) |
|
| 12. |
Schedule of Issuance |
| |
|
| July 11, 2005 |
|
The meeting of the Board of Directors |
| July 11, 2005 |
|
Filing of the Registration Statement at the Ministry of Finance, Kanto Branch |
| August 1, 2005 |
|
Filing of the Finalized Registration Statement at the Ministry of Finance, Kanto Branch |
| August 1, 2005 |
|
Registration deadline |
| August 1, 2005 |
|
Issue date of Stock Acquisition Rights |
|
