Worth reading
48Recurring
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
12517
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much12,517Shares
12,517 shares of the Company's common stock (treasury shares)
4 directors (excluding outside directors)8,466 shares
5 executive officers who do not concurrently serve as directors4,051 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.
¥1,803 per share
Total issue value
¥22,568,151
Amount of funds to be raised
Total payment amount: ¥22,568,151; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥22,568,151
発行済株式総数
No increase (disposal of treasury shares)
As this is a disposal of treasury shares and the total number of issued shares will not increase, there will be no dilution.
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
30 years (from 24 July 2026 through 23 July 2056)
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds any of the following positions during the transfer restriction period: director of the Company, executive officer who does not concurrently serve as a director, employee or any equivalent position, all of the allocated shares will be released from the transfer restriction upon expiry of the transfer restriction period. In the event of retirement or resignation due to expiry of the term of office, mandatory retirement or any other legitimate reason, the restriction will be released immediately after the retirement or resignation with respect to the number of shares corresponding to the recipient's period of service.
Reason for acquisition without consideration
The Company will automatically acquire for no consideration any allocated shares that remain subject to transfer restrictions upon expiry of the transfer restriction period or when the transfer restrictions are released. In the event of a corporate reorganization or similar transaction, the Company will also acquire for no consideration any shares that remain subject to transfer restrictions.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 8,466 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 5 / Number of allocated shares 4,051 shares
Intended allottee's holding policy
During the transfer restriction period, the recipients will be prohibited from transferring the shares to third parties, creating security interests over them or otherwise disposing of them in any way. The transfer restriction period will run from 24 July 2026 to 23 July 2056.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Standard Market of the Tokyo Stock Exchange on 23 June 2026, the trading day immediately preceding the date of the Board of Directors' resolution, was ¥1,803. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 12,517 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,803 per share |
| Total issue value | ¥22,568,151 |
| Amount of funds to be raised | Total payment amount: ¥22,568,151; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 8,466 shares, Name 5 executive officers who do not concurrently serve as directors / Number of Shares 4,051 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients will be prohibited from transferring the shares to third parties, creating security interests over them or otherwise disposing of them in any way. The transfer restriction period will run from 24 July 2026 to 23 July 2056. |
| Dilution Rate | As this is a disposal of treasury shares and the total number of issued shares will not increase, there will be no dilution. |
| Total number of issued shares | No increase (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Standard Market of the Tokyo Stock Exchange on 23 June 2026, the trading day immediately preceding the date of the Board of Directors' resolution, was ¥1,803. No discount or premium rate was stated. |
| Transfer restriction period | 30 years (from 24 July 2026 through 23 July 2056) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds any of the following positions during the transfer restriction period: director of the Company, executive officer who does not concurrently serve as a director, employee or any equivalent position, all of the allocated shares will be released from the transfer restriction upon expiry of the transfer restriction period. In the event of retirement or resignation due to expiry of the term of office, mandatory retirement or any other legitimate reason, the restriction will be released immediately after the retirement or resignation with respect to the number of shares corresponding to the recipient's period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire for no consideration any allocated shares that remain subject to transfer restrictions upon expiry of the transfer restriction period or when the transfer restrictions are released. In the event of a corporate reorganization or similar transaction, the Company will also acquire for no consideration any shares that remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 8,466 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 5 / Number of allocated shares 4,051 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥22,568,151 |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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 provide the eligible directors and other recipients with an incentive to sustainably increase corporate value and promote the sharing of value with shareholders, as well as to further enhance their motivation.
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.