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
10856
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much10,856Shares
10,856 shares of the Company’s common stock (treasury shares)
Directors of the Company (excluding directors who are Audit and Supervisory Committee members)3 / 2,264 shares
Directors of subsidiaries of the Company14 / 8,592 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.
¥6,500 per share
Amount of funds to be raised
Total payment amount: ¥70,564,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥70,564,000. The annual limit under the restricted stock compensation plan is ¥30 million or less (for directors of the Company).
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 23 July 2026 until the date on which the holder retires as a director of the Company or a subsidiary designated by the Company
Conditions for lifting transfer restrictions
The holder must continuously remain a director of the Company or a designated subsidiary throughout the service provision period, which runs from the date of the Company’s annual general meeting of shareholders immediately preceding the payment date until the date of the Company’s annual general meeting of shareholders held in the following year. In the event of retirement due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months served.
Reason for acquisition without consideration
At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allocated under the plan for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
3 directors of the Company (excluding Audit and Supervisory Committee members), 2,264 shares; 14 directors of the Company’s subsidiaries, 8,592 shares (including 3 individuals who serve concurrently as directors of the Company)
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 23 July 2026 until the date on which the holder retires as a director of the Company or a designated subsidiary.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 22 June 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥6,500. 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 | 10,856 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥6,500 per share |
| Amount of funds to be raised | Total payment amount: ¥70,564,000; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 3 / Number of Shares 2,264 shares, Name Directors of subsidiaries of the Company / Number of Employees 14 / Number of Shares 8,592 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 23 July 2026 until the date on which the holder retires as a director of the Company or a designated subsidiary. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 22 June 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥6,500. No discount or premium applies. |
| Transfer restriction period | From 23 July 2026 until the date on which the holder retires as a director of the Company or a subsidiary designated by the Company |
| Conditions for lifting transfer restrictions | The holder must continuously remain a director of the Company or a designated subsidiary throughout the service provision period, which runs from the date of the Company’s annual general meeting of shareholders immediately preceding the payment date until the date of the Company’s annual general meeting of shareholders held in the following year. In the event of retirement due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months served. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allocated under the plan for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 3 directors of the Company (excluding Audit and Supervisory Committee members), 2,264 shares; 14 directors of the Company’s subsidiaries, 8,592 shares (including 3 individuals who serve concurrently as directors of the Company) |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥70,564,000. The annual limit under the restricted stock compensation plan is ¥30 million or less (for directors of the Company). |
Items this document does not state (15)
Total issue valueEstimated 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 an incentive for the sustained enhancement of the Company's corporate value and to further promote the sharing of value with shareholders.
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.