Worth reading
45Recurring
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
10000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much10,000Shares
10,000 common shares (new shares)
4 directors (excluding outside directors)10,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,048 per share
Total issue value
¥10,480,000
Amount of funds to be raised
The total ¥10,480,000 in monetary compensation claims will be contributed in kind, so no cash proceeds will be raised by the Company. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims of ¥10,480,000. The annual compensation limit under this plan is ¥20 million.
発行済株式総数
0.43% (as a percentage of the total number of shares issued as of 31 May 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
From 15 October 2026 until the date on which they retire from office as directors of the Company
Conditions for lifting transfer restrictions
The recipient must continuously remain a director of the Company from the date of the Company's annual general meeting of shareholders immediately preceding the payment date until the date of the Company's annual general meeting of shareholders held in the following year. If the recipient retires from office due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted according to the number of months served. In the event of a reorganisation or other similar event, the restrictions will also be lifted according to the prescribed number of months.
Reason for acquisition without consideration
If the transfer restrictions have not been lifted when the restriction period expires.
Categories and Number of Persons Covered
4 directors (excluding outside directors); 10,000 shares allocated
Intended allottee's holding policy
From 15 October 2026 until the date on which they retire from office as directors of the Company, the recipients must not transfer the shares, create security interests over them or otherwise dispose of them. The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted when the restriction period expires.
Payment date
15 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 14 September 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,048. No discount or premium.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 10,000 common shares (new shares) |
| Issue price and disposal price | ¥1,048 per share |
| Total issue value | ¥10,480,000 |
| Amount of funds to be raised | The total ¥10,480,000 in monetary compensation claims will be contributed in kind, so no cash proceeds will be raised by the Company. Estimated net proceeds: Not disclosed |
| Payment date | 15 October 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 10,000 shares |
| Intended allottee's holding policy | From 15 October 2026 until the date on which they retire from office as directors of the Company, the recipients must not transfer the shares, create security interests over them or otherwise dispose of them. The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted when the restriction period expires. |
| Dilution Rate | 0.43% (as a percentage of the total number of shares issued as of 31 May 2026) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 14 September 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,048. No discount or premium. |
| Transfer restriction period | From 15 October 2026 until the date on which they retire from office as directors of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously remain a director of the Company from the date of the Company's annual general meeting of shareholders immediately preceding the payment date until the date of the Company's annual general meeting of shareholders held in the following year. If the recipient retires from office due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted according to the number of months served. In the event of a reorganisation or other similar event, the restrictions will also be lifted according to the prescribed number of months. |
| Reason for acquisition without consideration | If the transfer restrictions have not been lifted when the restriction period expires. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors); 10,000 shares allocated |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥10,480,000. The annual compensation limit under this plan is ¥20 million. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsTotal 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 directors with an incentive to achieve sustained growth in corporate value and to further promote the sharing of value with 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.
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.