Worth reading
52Recurring
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
16400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much16,400Shares
16,400 treasury shares
164 employees of the Company’s business subsidiaries, 16,400 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,805 per share
Total issue value
¥62,402,000
Amount of funds to be raised
Total payment amount: ¥62,402,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥62,402,000
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
One year, from 25 September 2026 to 24 September 2027
Conditions for lifting transfer restrictions
All restrictions will be lifted upon expiry of the restriction period, provided that the eligible employee has continuously held the position of employee of the Company or one of its business subsidiaries during the restriction period. The restrictions will also be lifted when the employee loses that position upon expiry of the employment period, death, promotion to director or executive officer of the Company or a business subsidiary, transfer to an outside company, or for another legitimate reason, as well as when a decision is made to assign the employee to a position outside Japan. In the event of a reorganization or similar transaction, the restrictions may be lifted at the Company’s discretion.
Reason for acquisition without consideration
If, during the restriction period, an eligible employee loses both the position of employee of the Company and the position of employee of one of its business subsidiaries, except in specified circumstances, the Company will acquire all of the allocated shares without consideration.
Categories and Number of Persons Covered
164 employees holding management-level positions at the Company’s business subsidiaries, 16,400 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restrictions will be lifted when the restriction period expires or when other applicable conditions are met.
Payment date
25 September 2026
Basis for determining the amount to be paid
The closing price of ¥3,805 on the Tokyo Stock Exchange on the business day preceding the date of the Board of Directors’ resolution, 2 July 2026. This represents a premium of 2.59% to the one-month average of ¥3,709, 1.66% to the three-month average of ¥3,743, and 0.93% to the six-month average of ¥3,770.
Impact on Business Performance
The impact of this disposal of treasury shares 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 | 16,400 treasury shares |
| Issue price and disposal price | ¥3,805 per share |
| Total issue value | ¥62,402,000 |
| Amount of funds to be raised | Total payment amount: ¥62,402,000; estimated net proceeds: Not disclosed |
| Payment date | 25 September 2026 |
| Intended allottee | 164 employees of the Company’s business subsidiaries, 16,400 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restrictions will be lifted when the restriction period expires or when other applicable conditions are met. |
| Basis for determining the amount to be paid | The closing price of ¥3,805 on the Tokyo Stock Exchange on the business day preceding the date of the Board of Directors’ resolution, 2 July 2026. This represents a premium of 2.59% to the one-month average of ¥3,709, 1.66% to the three-month average of ¥3,743, and 0.93% to the six-month average of ¥3,770. |
| Transfer restriction period | One year, from 25 September 2026 to 24 September 2027 |
| Conditions for lifting transfer restrictions | All restrictions will be lifted upon expiry of the restriction period, provided that the eligible employee has continuously held the position of employee of the Company or one of its business subsidiaries during the restriction period. The restrictions will also be lifted when the employee loses that position upon expiry of the employment period, death, promotion to director or executive officer of the Company or a business subsidiary, transfer to an outside company, or for another legitimate reason, as well as when a decision is made to assign the employee to a position outside Japan. In the event of a reorganization or similar transaction, the restrictions may be lifted at the Company’s discretion. |
| Reason for acquisition without consideration | If, during the restriction period, an eligible employee loses both the position of employee of the Company and the position of employee of one of its business subsidiaries, except in specified circumstances, the Company will acquire all of the allocated shares without consideration. |
| Categories and Number of Persons Covered | 164 employees holding management-level positions at the Company’s business subsidiaries, 16,400 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥62,402,000 |
| Impact on Business Performance | The impact of this disposal of treasury shares on business performance is not disclosed |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal 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 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 increase employees’ motivation to contribute to enhancing corporate value and drive the Company’s medium- to long-term management plan and sustainable corporate growth, and to promote the sharing of value between eligible employees and shareholders. The purpose is also to encourage sustained motivation and contributions over the medium to long term.
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.