Worth reading
44Recurring
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
15479
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much15,479Shares
Treasury shares: 15,479 common shares
Directors of the Company (excluding outside directors)7 / 10,433 shares
The Company's executive officers who do not concurrently serve as directors9 / 5,046 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.
¥1,725 per share
Total issue value
¥26,701,275
Amount of funds to be raised
Total payment amount: ¥26,701,275; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary receivables: ¥26,701,275. The annual compensation limit for eligible directors is ¥100 million or less.
発行済株式総数
Not applicable (disposal of treasury 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
50 years, from 24 July 2026 to 23 July 2076.
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible directors and other recipients have continuously held one of the following positions at the Company or one of its subsidiaries during the transfer restriction period: director, executive officer who does not concurrently serve as a director, audit & supervisory board member, adviser, consultant, employee or an equivalent position. If an individual retires or leaves the Company upon the expiration of their term, mandatory retirement or for another legitimate reason, the transfer restrictions will be lifted immediately after the retirement or departure for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If an individual commits a violation of laws or regulations during the transfer restriction period or otherwise becomes subject to any of the specified events set forth in the relevant allotment agreement, the Company will acquire all of the allotted shares held by that individual without consideration. The Company will also acquire without consideration all shares whose transfer restrictions have not been lifted immediately after the expiration of the transfer restriction period or at the time the transfer restrictions are lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 7 / Number of allocated shares 10,433 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 9 / Number of allocated shares 5,046 shares
Intended allottee's holding policy
The transfer restriction period will be set at 50 years in order to achieve the purpose of introducing this system, namely, long-term value sharing with shareholders. During the transfer restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any way.
Payment date
24 July 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 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,725. Discount/premium: none.
Procedures under the Corporate Code of Conduct
The matter was submitted to the Nominating and Compensation Advisory Committee for review.
Impact on Business Performance
No impact on business results from this disposal of treasury shares is 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 | Treasury shares: 15,479 common shares |
| Issue price and disposal price | ¥1,725 per share |
| Total issue value | ¥26,701,275 |
| Amount of funds to be raised | Total payment amount: ¥26,701,275; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 7 / Number of Shares 10,433 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 9 / Number of Shares 5,046 shares |
| Intended allottee's holding policy | The transfer restriction period will be set at 50 years in order to achieve the purpose of introducing this system, namely, long-term value sharing with shareholders. During the transfer restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any way. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| 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 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,725. Discount/premium: none. |
| Transfer restriction period | 50 years, from 24 July 2026 to 23 July 2076. |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible directors and other recipients have continuously held one of the following positions at the Company or one of its subsidiaries during the transfer restriction period: director, executive officer who does not concurrently serve as a director, audit & supervisory board member, adviser, consultant, employee or an equivalent position. If an individual retires or leaves the Company upon the expiration of their term, mandatory retirement or for another legitimate reason, the transfer restrictions will be lifted immediately after the retirement or departure for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If an individual commits a violation of laws or regulations during the transfer restriction period or otherwise becomes subject to any of the specified events set forth in the relevant allotment agreement, the Company will acquire all of the allotted shares held by that individual without consideration. The Company will also acquire without consideration all shares whose transfer restrictions have not been lifted immediately after the expiration of the transfer restriction period or at the time the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 7 / Number of allocated shares 10,433 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 9 / Number of allocated shares 5,046 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥26,701,275. The annual compensation limit for eligible directors is ¥100 million or less. |
| Procedures under the Corporate Code of Conduct | The matter was submitted to the Nominating and Compensation Advisory Committee for review. |
| Impact on Business Performance | No impact on business results from this disposal of treasury shares is disclosed. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise 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 eligible directors and others with an incentive to achieve sustained growth in corporate value and to promote greater 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.