Worth reading
50Recurring
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
7929
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much7,929Shares
7,929 treasury common shares
4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors1,254 shares
3 executive officers who do not concurrently serve as directors of the Company375 shares
67 employees of the Company5,658 shares
4 directors of the company's subsidiaries376 shares
2 executive officers of the Company's subsidiaries who do not concurrently serve as directors188 shares
1 full-time advisor of the Company's subsidiaries78 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.
¥3,185 per share
Total issue value
¥25,253,865
Amount of funds to be raised
Total payment amount: ¥25,253,865; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary receivables: ¥25,253,865. The annual compensation limit for eligible directors is ¥20 million or less.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury shares only)
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 24 July 2026 until immediately after the recipient resigns or retires from the designated officer or employee position or other applicable status.
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds the designated officer or employee position or other applicable status throughout the service period, all transfer restrictions will be lifted upon expiry of the restricted transfer period. If the recipient resigns or retires upon expiration of the term of office, mandatory retirement or for another legitimate reason, the restrictions will be lifted immediately after resignation or retirement with respect to the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If, during the restricted transfer period, a recipient engages in a violation of laws or regulations or falls under certain other circumstances specified in the relevant allocation agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted.
Categories and Number of Persons Covered
4 directors of the Company; 1,254 shares, 3 executive officers of the Company who do not concurrently serve as directors; 375 shares, 67 employees of the Company; 5,658 shares, 4 directors of the Company's subsidiaries; 376 shares, 2 executive officers of the Company's subsidiaries who do not concurrently serve as directors; 188 shares, 1 full-time advisor of the Company's subsidiaries; 78 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Prime Market of the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,185. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
The matter was submitted for consideration by the Nomination and Compensation Committee.
Impact on Business Performance
No impact on performance from this disposal of treasury shares 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 | 7,929 treasury common shares |
| Issue price and disposal price | ¥3,185 per share |
| Total issue value | ¥25,253,865 |
| Amount of funds to be raised | Total payment amount: ¥25,253,865; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors / Number of Shares 1,254 shares, Category 3 executive officers who do not concurrently serve as directors of the Company / Number of Shares 375 shares, Category 67 employees of the Company / Number of Shares 5,658 shares, Category 4 directors of the company's subsidiaries / Number of Shares 376 shares, Category 2 executive officers of the Company's subsidiaries who do not concurrently serve as directors / Number of Shares 188 shares, Category 1 full-time advisor of the Company's subsidiaries / Number of Shares 78 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| 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 Prime Market of the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,185. No discount or premium was stated. |
| Transfer restriction period | From 24 July 2026 until immediately after the recipient resigns or retires from the designated officer or employee position or other applicable status. |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds the designated officer or employee position or other applicable status throughout the service period, all transfer restrictions will be lifted upon expiry of the restricted transfer period. If the recipient resigns or retires upon expiration of the term of office, mandatory retirement or for another legitimate reason, the restrictions will be lifted immediately after resignation or retirement with respect to the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If, during the restricted transfer period, a recipient engages in a violation of laws or regulations or falls under certain other circumstances specified in the relevant allocation agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company; 1,254 shares, 3 executive officers of the Company who do not concurrently serve as directors; 375 shares, 67 employees of the Company; 5,658 shares, 4 directors of the Company's subsidiaries; 376 shares, 2 executive officers of the Company's subsidiaries who do not concurrently serve as directors; 188 shares, 1 full-time advisor of the Company's subsidiaries; 78 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥25,253,865. The annual compensation limit for eligible directors is ¥20 million or less. |
| Procedures under the Corporate Code of Conduct | The matter was submitted for consideration by the Nomination and Compensation Committee. |
| Impact on Business Performance | No impact on performance from this disposal of treasury shares was stated |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsExercise 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 recipients with an incentive to achieve sustained growth in the Company's corporate value and promote value sharing with shareholders. The measure is also intended to further enhance each recipient's motivation.
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.