Worth reading
51Recurring
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
25474
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much25,474Shares
25,474 common shares of the Company (treasury shares)
The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors)4 / 6,206 shares
The Company's executive officers who do not concurrently serve as directors19 / 19,268 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.
¥2,406 per share
Total issue value
¥61,290,444
Amount of funds to be raised
Total payment amount: ¥61,290,444; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥61,290,444
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 24 July 2026 until immediately after the eligible individual ceases to hold either the position of director or the position of executive officer who does not concurrently serve as a director
Conditions for lifting transfer restrictions
Provided that the eligible directors and other recipients continuously hold the prescribed position throughout the applicable period of service, all of the shares allotted under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period. If an individual ceases to hold the position upon expiration of the term of office or for another legitimate reason, the transfer restrictions will be released immediately after departure with respect to the number of shares corresponding to the individual's period of service.
Reason for acquisition without consideration
If an individual violates any law or regulation during the transfer restriction period or falls under any other specified circumstance set forth in the relevant allotment agreement, as well as if the transfer restrictions are not released upon expiration of the transfer restriction period or at the time of release.
Categories and Number of Persons Covered
The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 4 people, 6,206 shares; the Company's executive officers who do not concurrently serve as directors: 19 people, 19,268 shares
Intended allottee's holding policy
During the restricted period, transfers to third parties, the creation of security interests and all other dispositions are prohibited, and the shares will be managed in dedicated accounts.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,406. Discount rate/premium rate: Not disclosed.
Procedures under the Corporate Code of Conduct
The matter was deliberated by the Nomination and Compensation Advisory Committee, a majority of whose members are independent outside directors, and the Board of Directors adopted a resolution based on the outcome of that deliberation.
Impact on Business Performance
The impact of this matter on business performance is Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 25,474 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,406 per share |
| Total issue value | ¥61,290,444 |
| Amount of funds to be raised | Total payment amount: ¥61,290,444; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of Shares 6,206 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 19 / Number of Shares 19,268 shares |
| Intended allottee's holding policy | During the restricted period, transfers to third parties, the creation of security interests and all other dispositions are prohibited, and the shares will be managed in dedicated accounts. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,406. Discount rate/premium rate: Not disclosed. |
| Transfer restriction period | From 24 July 2026 until immediately after the eligible individual ceases to hold either the position of director or the position of executive officer who does not concurrently serve as a director |
| Conditions for lifting transfer restrictions | Provided that the eligible directors and other recipients continuously hold the prescribed position throughout the applicable period of service, all of the shares allotted under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period. If an individual ceases to hold the position upon expiration of the term of office or for another legitimate reason, the transfer restrictions will be released immediately after departure with respect to the number of shares corresponding to the individual's period of service. |
| Reason for acquisition without consideration | If an individual violates any law or regulation during the transfer restriction period or falls under any other specified circumstance set forth in the relevant allotment agreement, as well as if the transfer restrictions are not released upon expiration of the transfer restriction period or at the time of release. |
| Categories and Number of Persons Covered | The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 4 people, 6,206 shares; the Company's executive officers who do not concurrently serve as directors: 19 people, 19,268 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥61,290,444 |
| Procedures under the Corporate Code of Conduct | The matter was deliberated by the Nomination and Compensation Advisory Committee, a majority of whose members are independent outside directors, and the Board of Directors adopted a resolution based on the outcome of that deliberation. |
| Impact on Business Performance | The impact of this matter on business performance is Not disclosed |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 enhance corporate value over the medium to long term and to 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.
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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.