| Schedule of Stock Option Activities |
The following table summarizes the stock option activity: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended March 31 | | 2024 | | 2025 | | 2026 | | Number of options (shares) | | Weighted average exercise price (JPY) | | Number of options (shares) | | Weighted average exercise price (JPY) | | Number of options (shares) | | Weighted average exercise price (JPY) | | As of beginning of the year | 3,303,600 | | | ¥ | 4,111 | | | 3,180,900 | | | ¥ | 4,136 | | | 3,168,900 | | | ¥ | 4,138 | | | Exercised | (122,700) | | | 3,464 | | | (12,000) | | | 3,712 | | | (279,500) | | | 3,840 | | | As of end of the year | 3,180,900 | | | 4,136 | | | 3,168,900 | | | 4,138 | | | 2,889,400 | | | 4,166 | |
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| Schedule of Award Activity related to Other Awards |
The following table summarizes the award activity related to the BIP (the number of award points) (1 award point represents 1 share of the Company's common stock), ESOP (the number of award points) (1 award point represents 1 share of the Company's common stock) and Equity-settled LTIP (the number of award units) (1 award unit represents 1 share of the ADS). One ADS equals 0.5 of the Company's common stock: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended March 31 | | 2024 | | 2025 | | 2026 | | BIP | | ESOP | | Equity-Settled LTIP | | BIP | | ESOP | | Equity-Settled LTIP | | BIP | | ESOP | | Equity-Settled LTIP | | At beginning of the year | 1,311,989 | | | 773,844 | | | 59,752,598 | | | 1,199,972 | | | 746,762 | | | 65,410,484 | | | 1,070,188 | | | 665,377 | | | 70,266,342 | | | Granted | 338,189 | | | 363,559 | | | 36,531,621 | | | 331,999 | | | 363,868 | | | 44,722,656 | | | 423,407 | | | 290,201 | | | 38,351,586 | | | Forfeited/expired before vesting | — | | | (39,545) | | | (4,747,804) | | | — | | | (98,350) | | | (10,023,316) | | | — | | | (57,786) | | | (8,366,464) | | | Vested | (450,206) | | | (351,096) | | | (25,916,216) | | | (461,783) | | | (346,903) | | | (29,843,482) | | | (540,079) | | | (323,079) | | | (31,949,014) | | | Transfer to Cash-Settled LTIP | — | | | — | | | (209,715) | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | At end of the year | 1,199,972 | | | 746,762 | | | 65,410,484 | | | 1,070,188 | | | 665,377 | | | 70,266,342 | | | 953,516 | | | 574,713 | | | 68,302,450 | |
The following table summarizes the award activity related to the PSARs (the number of awards) (1 award represents 1 share of the Company's common stock) : | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended March 31 | | 2024 | | 2025 | | 2026 | | Number of PSARs | | Weighted average exercise price (JPY) | | Number of PSARs | | Weighted average exercise price (JPY) | | Number of PSARs | | Weighted average exercise price (JPY) | | As of beginning of the year | 217,530 | | | ¥ | 5,956 | | | — | | | ¥ | — | | | — | | | ¥ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Forfeited/expired after vesting | (217,530) | | | 6,428 | | | — | | | — | | | — | | | — | | | As of end of the year | — | | | — | | | — | | | — | | | — | | | — | |
The following table summarizes the award activity related to the Cash-Settled LTIP Awards (the number of awards) (1 award represents 1 ADS):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended March 31 | | | | | | | 2024 | | 2025 | | 2026 | | As of the beginning of the year | | | | | | 367,642 | | | 395,762 | | | 371,668 | | | Granted | | | | | | 197,798 | | | 341,518 | | | 481,374 | | | Forfeited/expired before vesting | | | | | | (38,245) | | | (53,520) | | | (47,122) | | | Vested | | | | | | (341,148) | | | (312,092) | | | (457,680) | | | Transfer from Equity-Settled LTIP | | | | | | 209,715 | | | — | | | — | | | As of the end of the year | | | | | | 395,762 | | | 371,668 | | | 348,240 | |
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