Worth reading
45Recurring
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
21900
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much21,900Shares
21,900 common shares of the Company (treasury shares)
5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors)14,400 shares
5 Directors of the Company's subsidiary7,500 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.
¥1,002 per share
Total Stock-Based Compensation
Total monetary compensation claims of ¥21,943,800 (the annual compensation limit for the eligible directors is ¥30 million or less)
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 14 August 2026 until the date on which the recipient ceases to serve as a director of the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
In principle, the recipient must remain in the position of director continuously through the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary held after the start of the transfer restriction period. If the recipient ceases to serve as a director for a valid reason, the transfer restrictions will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month of retirement, divided by 12.
Reason for acquisition without consideration
If the recipient ceases to serve as a director without a valid reason by the day preceding the relevant annual general meeting of shareholders, if any shares remain subject to transfer restrictions when the transfer restriction period expires, or if any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
5 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors): 14,400 shares; 5 directors of the Company's subsidiaries: 7,500 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,002. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 21,900 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,002 per share |
| Payment date | 14 August 2026 |
| Intended allottee | Name 5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 14,400 shares, Name 5 Directors of the Company's subsidiary / Number of Shares 7,500 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,002. No discount or premium applies. |
| Transfer restriction period | From 14 August 2026 until the date on which the recipient ceases to serve as a director of the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | In principle, the recipient must remain in the position of director continuously through the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary held after the start of the transfer restriction period. If the recipient ceases to serve as a director for a valid reason, the transfer restrictions will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month of retirement, divided by 12. |
| Reason for acquisition without consideration | If the recipient ceases to serve as a director without a valid reason by the day preceding the relevant annual general meeting of shareholders, if any shares remain subject to transfer restrictions when the transfer restriction period expires, or if any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors): 14,400 shares; 5 directors of the Company's subsidiaries: 7,500 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥21,943,800 (the annual compensation limit for the eligible directors is ¥30 million or less) |
Items this document does not state (16)
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 RatioProcedures under the Corporate Code of ConductMost 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 enable the eligible recipients to share with shareholders both the benefits and risks of share price fluctuations and to increase their 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.