Worth reading
37Immaterial
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
202900
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much202,900Shares
202,900 shares of the Company’s common stock (treasury shares)
Directors of the Company (excluding outside directors)3 / 91,400 shares
The Company’s senior executive officers (excluding those concurrently serving as directors)3 / 41,100 shares
The Company's executive officers6 / 37,800 shares
The Company’s other employees11 / 32,600 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.
¥2,552 per share
Total Stock-Based Compensation
Total monetary compensation receivables: ¥517,800,800
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
Restricted Stock I: From 16 July 2026 until the recipient ceases to hold any position as an officer or employee of the Company or any of its group companies, with the period potentially extended until the submission of the prescribed semiannual report. Restricted Stock II: From 16 July 2026 through 31 March 2029, with the period potentially extended until the submission of the prescribed semiannual report.
Conditions for lifting transfer restrictions
For Restricted Stock I, all shares held at the end of the restriction period will be released from the transfer restrictions, provided that the recipient continuously holds a position as an officer or employee of the Company or any of its group companies until the first annual shareholders’ meeting held after the commencement date. In the event of resignation or retirement for a legitimate reason, a portion of the shares will be released based on the number of months of service. For Restricted Stock II, all shares held at the end of the restriction period will be released from the transfer restrictions, provided that the recipient continuously holds a position as an officer or employee of the Company or any of its group companies until the end of the first fiscal year ending after the commencement date. In the event of resignation or retirement for a legitimate reason, a portion of the shares will be released based on the number of months of service.
Reason for acquisition without consideration
If the recipient resigns or retires without a legitimate reason before the prescribed period ends, or if the transfer restrictions have not been lifted at the end of the restriction period. Shares for which the transfer restrictions are not lifted due to a corporate reorganization or other event will also be acquired by the Company without consideration on the business day preceding the effective date.
Categories and Number of Persons Covered
3 directors: 91,400 shares; 3 senior executive officers: 41,100 shares; 6 executive officers: 37,800 shares; 11 other employees: 32,600 shares
Intended allottee's holding policy
The shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the transfer restriction period, the shares may not be transferred to a third party, pledged or otherwise disposed of in any manner.
Payment date
16 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 25 June 2026, ¥2,552. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
The introduction of the restricted stock compensation plan and related matters were approved at the 24th Annual General Meeting of Shareholders held on 21 June 2023. The disposal was approved by the Board of Directors on 26 June 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 202,900 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥2,552 per share |
| Payment date | 16 July 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 91,400 shares, Category The Company’s senior executive officers (excluding those concurrently serving as directors) / Number of Employees 3 / Number of Shares 41,100 shares, Category The Company's executive officers / Number of Employees 6 / Number of Shares 37,800 shares, Category The Company’s other employees / Number of Employees 11 / Number of Shares 32,600 shares |
| Intended allottee's holding policy | The shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the transfer restriction period, the shares may not be transferred to a third party, pledged or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 25 June 2026, ¥2,552. No discount or premium rate is stated. |
| Transfer restriction period | Restricted Stock I: From 16 July 2026 until the recipient ceases to hold any position as an officer or employee of the Company or any of its group companies, with the period potentially extended until the submission of the prescribed semiannual report. Restricted Stock II: From 16 July 2026 through 31 March 2029, with the period potentially extended until the submission of the prescribed semiannual report. |
| Conditions for lifting transfer restrictions | For Restricted Stock I, all shares held at the end of the restriction period will be released from the transfer restrictions, provided that the recipient continuously holds a position as an officer or employee of the Company or any of its group companies until the first annual shareholders’ meeting held after the commencement date. In the event of resignation or retirement for a legitimate reason, a portion of the shares will be released based on the number of months of service. For Restricted Stock II, all shares held at the end of the restriction period will be released from the transfer restrictions, provided that the recipient continuously holds a position as an officer or employee of the Company or any of its group companies until the end of the first fiscal year ending after the commencement date. In the event of resignation or retirement for a legitimate reason, a portion of the shares will be released based on the number of months of service. |
| Reason for acquisition without consideration | If the recipient resigns or retires without a legitimate reason before the prescribed period ends, or if the transfer restrictions have not been lifted at the end of the restriction period. Shares for which the transfer restrictions are not lifted due to a corporate reorganization or other event will also be acquired by the Company without consideration on the business day preceding the effective date. |
| Categories and Number of Persons Covered | 3 directors: 91,400 shares; 3 senior executive officers: 41,100 shares; 6 executive officers: 37,800 shares; 11 other employees: 32,600 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥517,800,800 |
| Procedures under the Corporate Code of Conduct | The introduction of the restricted stock compensation plan and related matters were approved at the 24th Annual General Meeting of Shareholders held on 21 June 2023. The disposal was approved by the Board of Directors on 26 June 2026. |
Items this document does not state (15)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.
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.