Worth reading
35Immaterial
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
79638
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much79,638Shares
79,638 shares of the Company’s common stock (treasury shares)
5 directors of the Company, excluding outside directors57,318 shares
15 executive officers of the Company who do not concurrently serve as directors22,320 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.
¥403 per share
Total issue value
¥32,094,114
Total Stock-Based Compensation
Total monetary claims: ¥32,094,114
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 April 2026 to 23 April 2056 (30 years)
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted in full upon expiration of the transfer restriction period, provided that the recipient has continuously held one of the following positions during the period: director, Audit & Supervisory Board member, executive officer, employee or another equivalent position with the Company. In the event of retirement or resignation due to expiration of the term of office, reaching mandatory retirement age or another legitimate reason, the restrictions will be lifted immediately after the retirement or resignation based on a prescribed calculation method.
Reason for acquisition without consideration
The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiration of the transfer restriction period or when the restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the restrictions are lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 57,318 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 15 / Number of allocated shares 22,320 shares
Intended allottee's holding policy
During the transfer restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them, or otherwise disposing of them in any manner.
Payment date
24 April 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange Prime Market on 24 March 2026, which was ¥403. No discount or premium is 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 | 79,638 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥403 per share |
| Total issue value | ¥32,094,114 |
| Payment date | 24 April 2026 |
| Intended allottee | Name 5 directors of the Company, excluding outside directors / Number of Shares 57,318 shares, Name 15 executive officers of the Company who do not concurrently serve as directors / Number of Shares 22,320 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them, or otherwise disposing of them in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange Prime Market on 24 March 2026, which was ¥403. No discount or premium is stated. |
| Transfer restriction period | From 24 April 2026 to 23 April 2056 (30 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted in full upon expiration of the transfer restriction period, provided that the recipient has continuously held one of the following positions during the period: director, Audit & Supervisory Board member, executive officer, employee or another equivalent position with the Company. In the event of retirement or resignation due to expiration of the term of office, reaching mandatory retirement age or another legitimate reason, the restrictions will be lifted immediately after the retirement or resignation based on a prescribed calculation method. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiration of the transfer restriction period or when the restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 57,318 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 15 / Number of allocated shares 22,320 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥32,094,114 |
Items this document does not state (15)
Amount 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 provide the eligible directors and other recipients with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The plan is also intended to further enhance the recipients’ 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.
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