Worth reading
54Recurring
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
39770
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
Directors and executive officers 5,700 common shares of the Company / Employees 34,070 common shares of the Company / Total 39,770 common shares of the Company
4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors3,000 shares
The Company's executive officers9 / 2,700 shares
Employees of the Company895 / 34,070 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.
¥3,285 per share
Total issue value
Directors and executive officers: ¥18,724,500; employees: ¥111,919,950; total: ¥130,644,450
Amount of funds to be raised
No funds will be raised through ordinary payment, and no estimated net proceeds will arise, because monetary remuneration claims totaling ¥130,644,450 will be contributed in kind.
Total Stock-Based Compensation
Monetary remuneration claims totaling ¥130,644,450 (directors and executive officers: ¥18,724,500; employees: ¥111,919,950)
発行済株式総数
0.19% (of the total number of issued shares as of 25 June 2026)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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
Directors and executive officers: From 15 July 2026 until they retire or resign from any position as a director, executive officer or employee of the Company, Employees: From 15 December 2026 until they retire or resign from their position as an employee of the Company
Conditions for lifting transfer restrictions
Directors and executive officers must continuously hold one of the positions of director, executive officer or employee of the Company from the start of the restriction period until the date of the first annual general meeting of shareholders held after the start of that period. If they retire or resign for a justifiable reason, part of the restrictions will be lifted in proportion to their period of service. For employees, the restrictions on all of their shares will be lifted if an event specified in the allocation agreement occurs.
Reason for acquisition without consideration
For directors and executive officers, if, before the day preceding the date of the first annual general meeting of shareholders held after the start of the restriction period, they retire or resign from all positions as a director, executive officer and employee of the Company without a reason deemed justifiable. For employees, if an event specified in the allocation agreement occurs. If any shares remain subject to transfer restrictions as a result of a corporate reorganization or similar event, all such shares will also be acquired without consideration.
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors: 3,000 shares, 9 executive officers of the Company: 2,700 shares, 895 employees of the Company: 34,070 shares
Intended allottee's holding policy
The shares will be held and maintained in a designated account at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner.
Payment date
15 July 2026, 15 December 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 June 2026 was ¥3,285. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
Resolved at a meeting of the Board of Directors held on 25 June 2026. The Company filed an Extraordinary Report under the Financial Instruments and Exchange Act. No information was provided regarding obtaining an independent third-party opinion or similar measures.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Directors and executive officers 5,700 common shares of the Company / Employees 34,070 common shares of the Company / Total 39,770 common shares of the Company |
| Issue price and disposal price | ¥3,285 per share |
| Total issue value | Directors and executive officers: ¥18,724,500; employees: ¥111,919,950; total: ¥130,644,450 |
| Amount of funds to be raised | No funds will be raised through ordinary payment, and no estimated net proceeds will arise, because monetary remuneration claims totaling ¥130,644,450 will be contributed in kind. |
| Payment date | 15 July 2026, 15 December 2026 |
| Intended allottee | Category 4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors / Number of Shares 3,000 shares, Category The Company's executive officers / Number of Employees 9 / Number of Shares 2,700 shares, Category Employees of the Company / Number of Employees 895 / Number of Shares 34,070 shares |
| Intended allottee's holding policy | The shares will be held and maintained in a designated account at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner. |
| Dilution Rate | 0.19% (of the total number of issued shares as of 25 June 2026) |
| Total number of issued shares | 20,858,491 shares → 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 June 2026 was ¥3,285. No discount or premium was stated. |
| Transfer restriction period | Directors and executive officers: From 15 July 2026 until they retire or resign from any position as a director, executive officer or employee of the Company, Employees: From 15 December 2026 until they retire or resign from their position as an employee of the Company |
| Conditions for lifting transfer restrictions | Directors and executive officers must continuously hold one of the positions of director, executive officer or employee of the Company from the start of the restriction period until the date of the first annual general meeting of shareholders held after the start of that period. If they retire or resign for a justifiable reason, part of the restrictions will be lifted in proportion to their period of service. For employees, the restrictions on all of their shares will be lifted if an event specified in the allocation agreement occurs. |
| Reason for acquisition without consideration | For directors and executive officers, if, before the day preceding the date of the first annual general meeting of shareholders held after the start of the restriction period, they retire or resign from all positions as a director, executive officer and employee of the Company without a reason deemed justifiable. For employees, if an event specified in the allocation agreement occurs. If any shares remain subject to transfer restrictions as a result of a corporate reorganization or similar event, all such shares will also be acquired without consideration. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors: 3,000 shares, 9 executive officers of the Company: 2,700 shares, 895 employees of the Company: 34,070 shares |
| Total Stock-Based Compensation | Monetary remuneration claims totaling ¥130,644,450 (directors and executive officers: ¥18,724,500; employees: ¥111,919,950) |
| Procedures under the Corporate Code of Conduct | Resolved at a meeting of the Board of Directors held on 25 June 2026. The Company filed an Extraordinary Report under the Financial Instruments and Exchange Act. No information was provided regarding obtaining an independent third-party opinion or similar measures. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.