Worth reading
49Recurring
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
25150
Shares (maximum)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock incentives for the employee stock ownership plan
Who receives how much25,150Shares
25,150 common shares of the Company (maximum; the actual number of shares will be determined based on the number of eligible employees)
佐藤渡辺 Employee Stock Ownership Plan25,150 shares (maximum)
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,917 per share
Amount of funds to be raised
Total disposal amount of ¥48,212,550 (maximum; estimated net proceeds: Not disclosed)
発行済株式総数
0.39% of total issued shares and 0.40% of total voting rights (based on the maximum number of shares)
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
From 10 December 2026 to 30 November 2029
Conditions for lifting transfer restrictions
The restrictions will be lifted upon expiration of the restricted stock period, provided that the eligible employee has continuously remained a member of the employee stock ownership plan throughout the restricted stock period. The restrictions will also be lifted, subject to the conditions set out in the relevant documents, in the event of retirement at the mandatory retirement age, promotion to an officer position, death, withdrawal from the plan for a justifiable reason, becoming a non-resident, or a corporate reorganization or other similar event.
Reason for acquisition without consideration
If, during the restricted stock period, an eligible employee engages in a violation of laws or regulations or otherwise becomes subject to any of the specified events set out in the relevant allocation agreement. This also applies if, upon expiration of the restricted stock period or at a prescribed time when the restrictions are lifted, there are shares for which the restrictions have not been lifted.
Categories and Number of Persons Covered
Up to 503 employees of the Company, based on an allocation of 50 shares per person
Intended allottee's holding policy
During the restricted stock period, the shares will be held in a dedicated account opened by the employee stock ownership plan with Nomura Securities Co., Ltd., and withdrawals of the shares corresponding to the eligible employees' RS holdings will be restricted.
Payment date
10 December 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 22 October 2026 was ¥1,917. The deviations from the average closing price were -0.05% for one month, 0.26% for three months, and 2.08% for six months.
Procedures under the Corporate Code of Conduct
Because the dilution ratio is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and confirming shareholders' approval are not required. All 3 corporate auditors, including 2 outside corporate auditors, expressed the opinion that the disposal price was appropriate.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock incentives for the employee stock ownership plan |
| Number of shares to be issued or disposed of | 25,150 common shares of the Company (maximum; the actual number of shares will be determined based on the number of eligible employees) |
| Issue price and disposal price | ¥1,917 per share |
| Amount of funds to be raised | Total disposal amount of ¥48,212,550 (maximum; estimated net proceeds: Not disclosed) |
| Payment date | 10 December 2026 |
| Intended allottee | Name 佐藤渡辺 Employee Stock Ownership Plan / Number of Shares 25,150 shares (maximum) |
| Intended allottee's holding policy | During the restricted stock period, the shares will be held in a dedicated account opened by the employee stock ownership plan with Nomura Securities Co., Ltd., and withdrawals of the shares corresponding to the eligible employees' RS holdings will be restricted. |
| Dilution Rate | 0.39% of total issued shares and 0.40% of total voting rights (based on the maximum number of shares) |
| Total number of issued shares | 6,391,400 shares (as of 31 March 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 22 October 2026 was ¥1,917. The deviations from the average closing price were -0.05% for one month, 0.26% for three months, and 2.08% for six months. |
| Transfer restriction period | From 10 December 2026 to 30 November 2029 |
| Conditions for lifting transfer restrictions | The restrictions will be lifted upon expiration of the restricted stock period, provided that the eligible employee has continuously remained a member of the employee stock ownership plan throughout the restricted stock period. The restrictions will also be lifted, subject to the conditions set out in the relevant documents, in the event of retirement at the mandatory retirement age, promotion to an officer position, death, withdrawal from the plan for a justifiable reason, becoming a non-resident, or a corporate reorganization or other similar event. |
| Reason for acquisition without consideration | If, during the restricted stock period, an eligible employee engages in a violation of laws or regulations or otherwise becomes subject to any of the specified events set out in the relevant allocation agreement. This also applies if, upon expiration of the restricted stock period or at a prescribed time when the restrictions are lifted, there are shares for which the restrictions have not been lifted. |
| Categories and Number of Persons Covered | Up to 503 employees of the Company, based on an allocation of 50 shares per person |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and confirming shareholders' approval are not required. All 3 corporate auditors, including 2 outside corporate auditors, expressed the opinion that the disposal price was appropriate. |
Items this document does not state (13)
Total issue valueEstimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsTotal Stock-Based CompensationUnderwriter / 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 enhance the welfare of eligible employees, help them build personal assets, provide incentives for the sustainable enhancement of the Company's corporate value, and promote the sharing of value between eligible employees and shareholders.
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.