Worth reading
43Recurring
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
17700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much17,700Shares
17,700 shares of the Company's common stock (treasury shares)
5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors)17,700 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥996 per share
Total issue value
¥17,629,200
Amount of funds to be raised
Total payment amount: ¥17,629,200; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥17,629,200. The annual monetary compensation receivables under the plan are capped at ¥36 million.
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 July 2026 to 22 July 2056 (30 years)
Conditions for lifting transfer restrictions
Subject to the eligible director continuously holding one of the following positions throughout the restriction period—director, executive officer, executive officer who does not concurrently serve as a director, Audit & Supervisory Board member, employee, adviser, counselor, or any equivalent position of the Company or one of its subsidiaries—all of the allocated shares will be released from the restrictions upon expiry of the restriction period. In the event of retirement or resignation due to expiry of the term of office, reaching the mandatory retirement age, or another legitimate reason, the restrictions will be released immediately after retirement or resignation with respect to the number of shares corresponding to the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares whose restrictions have not been released as of the expiry of the restriction period or the date on which the restrictions are released. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose restrictions remain in place after the restrictions are released.
Categories and Number of Persons Covered
5 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 17,700 shares allocated
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period runs from 23 July 2026 to 22 July 2056.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥996. 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 | 17,700 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥996 per share |
| Total issue value | ¥17,629,200 |
| Amount of funds to be raised | Total payment amount: ¥17,629,200; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name 5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 17,700 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period runs from 23 July 2026 to 22 July 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥996. No discount or premium rate was stated. |
| Transfer restriction period | From 23 July 2026 to 22 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Subject to the eligible director continuously holding one of the following positions throughout the restriction period—director, executive officer, executive officer who does not concurrently serve as a director, Audit & Supervisory Board member, employee, adviser, counselor, or any equivalent position of the Company or one of its subsidiaries—all of the allocated shares will be released from the restrictions upon expiry of the restriction period. In the event of retirement or resignation due to expiry of the term of office, reaching the mandatory retirement age, or another legitimate reason, the restrictions will be released immediately after retirement or resignation with respect to the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares whose restrictions have not been released as of the expiry of the restriction period or the date on which the restrictions are released. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose restrictions remain in place after the restrictions are released. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 17,700 shares allocated |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥17,629,200. The annual monetary compensation receivables under the plan are capped at ¥36 million. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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 an incentive to achieve sustained enhancement of corporate value and further promote value sharing with shareholders. The Company also considered the purpose of the plan, its business performance, and the responsibilities of each eligible director.
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.