Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
6693
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,693Shares
6,693 treasury shares
6 directors of the Company, excluding outside directors: 6,693 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,711 per share
Total issue value
¥18,144,723
Total Stock-Based Compensation
Total monetary compensation receivables: ¥18,144,723. The annual compensation limit is ¥100 million or less.
Conditions on transfer restrictions
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.
Transfer restriction period
From 23 October 2026 until the date on which the allottees cease to be directors of the Company. However, if that date is on or before 30 September 2027, the period will run until 1 October 2027.
Conditions for lifting transfer restrictions
The allottees must remain directors until the date of the first annual general meeting of shareholders held after 23 October 2026. If they cease to be directors for a valid reason, part of the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without consideration
If an allottee ceases to be a director without a valid reason before the day preceding the first annual general meeting of shareholders, or if the restrictions have not been lifted when the restricted period expires. If the restrictions have not been lifted due to a corporate reorganization or other event, the shares will also be acquired without consideration on the business day preceding the effective date.
Categories and Number of Persons Covered
6 directors of the Company, excluding outside directors: 6,693 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
23 October 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 September 2026: ¥2,711. No discount or premium.
Procedures under the Corporate Code of Conduct
The restricted stock compensation plan and the total compensation amount, among other matters, were approved at the 53rd Annual General Meeting of Shareholders held on 27 September 2024.
Impact on Business Performance
The impact of this disposal of treasury shares on financial performance: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,693 treasury shares |
| Issue price and disposal price | ¥2,711 per share |
| Total issue value | ¥18,144,723 |
| Payment date | 23 October 2026 |
| Intended allottee | 6 directors of the Company, excluding outside directors: 6,693 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 September 2026: ¥2,711. No discount or premium. |
| Transfer restriction period | From 23 October 2026 until the date on which the allottees cease to be directors of the Company. However, if that date is on or before 30 September 2027, the period will run until 1 October 2027. |
| Conditions for lifting transfer restrictions | The allottees must remain directors until the date of the first annual general meeting of shareholders held after 23 October 2026. If they cease to be directors for a valid reason, part of the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If an allottee ceases to be a director without a valid reason before the day preceding the first annual general meeting of shareholders, or if the restrictions have not been lifted when the restricted period expires. If the restrictions have not been lifted due to a corporate reorganization or other event, the shares will also be acquired without consideration on the business day preceding the effective date. |
| Categories and Number of Persons Covered | 6 directors of the Company, excluding outside directors: 6,693 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥18,144,723. The annual compensation limit is ¥100 million or less. |
| Procedures under the Corporate Code of Conduct | The restricted stock compensation plan and the total compensation amount, among other matters, were approved at the 53rd Annual General Meeting of Shareholders held on 27 September 2024. |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial performance: Not disclosed |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.