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
559
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much559Shares
559 treasury shares
Representative directors and presidents of the Company’s subsidiaries5 / 559 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,788 per share
Total issue value
¥2,117,492
Amount of funds to be raised
Payment of ¥2,117,492 through an in-kind contribution of monetary compensation receivables; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥2,117,492
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 29 October 2026 until the date on which the recipient ceases to hold any position as representative director and president of a subsidiary of the Company
Conditions for lifting transfer restrictions
Provided that the recipient continuously remains in the position of representative director and president of the relevant subsidiary from 1 October 2026 through 31 March 2027, all of the allocated shares will be released from the transfer restrictions upon expiry of the transfer restriction period. If the recipient ceases to hold the position during the period, the number of shares to be released will be calculated by multiplying the number of allocated shares by the number of months from October 2026 through the month that includes the date on which the position is lost, divided by 6. If the resulting figure exceeds 1, it will be treated as 1, and fractions of less than one share will be rounded down.
Reason for acquisition without consideration
At the expiry of the transfer restriction period or another prescribed time specified in the agreement, the Company will automatically acquire without consideration any allocated shares that remain subject to the transfer restrictions.
Categories and Number of Persons Covered
5 representative directors and presidents of the Company’s subsidiaries, totaling 559 shares
Intended allottee's holding policy
From 29 October 2026 until the date on which the recipient ceases to hold any position as representative director and president of a subsidiary of the Company, the shares may not be transferred, pledged, or otherwise disposed of. During the transfer restriction period, they will be managed in a dedicated account.
Payment date
29 October 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 29 September 2026 was ¥3,788. The amount was based on the closing price on the business day preceding the date of the Board of Directors’ resolution; no discount or premium rate was 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 | 559 treasury shares |
| Issue price and disposal price | ¥3,788 per share |
| Total issue value | ¥2,117,492 |
| Amount of funds to be raised | Payment of ¥2,117,492 through an in-kind contribution of monetary compensation receivables; estimated net proceeds: Not disclosed |
| Payment date | 29 October 2026 |
| Intended allottee | Category Representative directors and presidents of the Company’s subsidiaries / Number of Employees 5 / Number of Shares 559 shares |
| Intended allottee's holding policy | From 29 October 2026 until the date on which the recipient ceases to hold any position as representative director and president of a subsidiary of the Company, the shares may not be transferred, pledged, or otherwise disposed of. During the transfer restriction period, they will be managed in a dedicated account. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 29 September 2026 was ¥3,788. The amount was based on the closing price on the business day preceding the date of the Board of Directors’ resolution; no discount or premium rate was disclosed. |
| Transfer restriction period | From 29 October 2026 until the date on which the recipient ceases to hold any position as representative director and president of a subsidiary of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously remains in the position of representative director and president of the relevant subsidiary from 1 October 2026 through 31 March 2027, all of the allocated shares will be released from the transfer restrictions upon expiry of the transfer restriction period. If the recipient ceases to hold the position during the period, the number of shares to be released will be calculated by multiplying the number of allocated shares by the number of months from October 2026 through the month that includes the date on which the position is lost, divided by 6. If the resulting figure exceeds 1, it will be treated as 1, and fractions of less than one share will be rounded down. |
| Reason for acquisition without consideration | At the expiry of the transfer restriction period or another prescribed time specified in the agreement, the Company will automatically acquire without consideration any allocated shares that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | 5 representative directors and presidents of the Company’s subsidiaries, totaling 559 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥2,117,492 |
Items this document does not state (14)
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 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 strengthen the role of subsidiary presidents in the consolidated management of the Company’s Group and secure incentives for enhancing corporate value 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.