Worth reading
48Recurring
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
27800
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much27,800Shares
27,800 common shares of the Company (treasury shares)
3 directors (excluding outside directors)27,800 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥351 per share
Total issue value
¥9,757,800
Amount of funds to be raised
Total payment amount: ¥9,757,800; estimated net proceeds: Not disclosed (payment will be made through an in-kind contribution of monetary compensation claims rather than cash)
Total Stock-Based Compensation
Total monetary compensation claims: ¥9,757,800. Monetary compensation under the plan is capped at ¥30 million per year.
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
19 September 2026 to 18 September 2029 (3 years)
Conditions for lifting transfer restrictions
Provided that an eligible director continuously remains a director of the Company throughout the transfer restriction period, all of the allocated shares will be released from the transfer restrictions upon expiration of the transfer restriction period. If the director leaves office upon expiration of the term of office, due to death or for a legitimate reason, the number of shares corresponding to the prescribed number of months will be released immediately after the director leaves office.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released as of the expiration of the transfer restriction period or the date on which the transfer restrictions are released.
Categories and Number of Persons Covered
3 directors (excluding outside directors): 27,800 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 19 September 2026 to 18 September 2029.
Payment date
18 September 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 August 2026, the business day preceding the date of the Board of Directors' resolution, was ¥351. No discount or premium rate is 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 | 27,800 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥351 per share |
| Total issue value | ¥9,757,800 |
| Amount of funds to be raised | Total payment amount: ¥9,757,800; estimated net proceeds: Not disclosed (payment will be made through an in-kind contribution of monetary compensation claims rather than cash) |
| Payment date | 18 September 2026 |
| Intended allottee | Name 3 directors (excluding outside directors) / Number of Shares 27,800 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 19 September 2026 to 18 September 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 August 2026, the business day preceding the date of the Board of Directors' resolution, was ¥351. No discount or premium rate is disclosed. |
| Transfer restriction period | 19 September 2026 to 18 September 2029 (3 years) |
| Conditions for lifting transfer restrictions | Provided that an eligible director continuously remains a director of the Company throughout the transfer restriction period, all of the allocated shares will be released from the transfer restrictions upon expiration of the transfer restriction period. If the director leaves office upon expiration of the term of office, due to death or for a legitimate reason, the number of shares corresponding to the prescribed number of months will be released immediately after the director leaves office. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released as of the expiration of the transfer restriction period or the date on which the transfer restrictions are released. |
| Categories and Number of Persons Covered | 3 directors (excluding outside directors): 27,800 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥9,757,800. Monetary compensation under the plan is capped at ¥30 million per year. |
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 provide the eligible directors with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The Company also took into account its business performance, the scope of the responsibilities of each eligible director and other relevant circumstances.
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.