Worth reading
47Recurring
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
9000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much9,000Shares
9,000 shares of the Company's common stock (treasury shares)
The Company's directors who also serve as executive officers (excluding directors who do not also serve as executive officers, directors serving as Audit and Supervisory Committee members, and outside directors)4 / 1,400 shares
The Company's executive officers who do not concurrently serve as directors19 / 7,600 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.
¥2,964 per share
Total issue value
¥26,676,000
Amount of funds to be raised
Total payment amount: ¥26,676,000; estimated net proceeds: Not disclosed (the recipients' monetary claims will be contributed in kind, so this does not constitute ordinary cash financing)
Total Stock-Based Compensation
Total monetary claims: ¥26,676,000. The annual compensation limit for eligible directors is ¥200 million or less.
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 21 August 2026 until immediately after the recipient retires or resigns from all positions as a director, an executive officer who does not also serve as a director, or a statutory auditor of the Company or any of its subsidiaries
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the restricted period, provided that the recipient has continuously held one of the following positions during the service provision period: director, executive officer who does not also serve as a director, or statutory auditor of the Company or any of its subsidiaries. If the recipient retires or resigns upon expiration of the term of office or for another legitimate reason, the restrictions on the number of shares corresponding to the recipient's period of service will be lifted immediately after retirement or resignation.
Reason for acquisition without consideration
The Company will acquire the relevant shares without consideration if, during the restricted period, the recipient engages in an act that violates laws or regulations or otherwise falls under any specified event set out in the allocation agreement; if any shares remain subject to the transfer restrictions; or if the transfer restrictions are not lifted in connection with a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
4 directors who also serve as executive officers: 1,400 shares; 19 executive officers who do not also serve as directors: 7,600 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. If a recipient remains continuously in the relevant position or employed for the prescribed period, the transfer restrictions will be lifted upon expiration of the transfer restriction period.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 23 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,964. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
The matter was submitted to the Nomination and Compensation Committee for consultation. Whether an opinion was obtained from an independent third party or shareholder approval was sought: Not 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 | 9,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,964 per share |
| Total issue value | ¥26,676,000 |
| Amount of funds to be raised | Total payment amount: ¥26,676,000; estimated net proceeds: Not disclosed (the recipients' monetary claims will be contributed in kind, so this does not constitute ordinary cash financing) |
| Payment date | 21 August 2026 |
| Intended allottee | Name The Company's directors who also serve as executive officers (excluding directors who do not also serve as executive officers, directors serving as Audit and Supervisory Committee members, and outside directors) / Number of Employees 4 / Number of Shares 1,400 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 19 / Number of Shares 7,600 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. If a recipient remains continuously in the relevant position or employed for the prescribed period, the transfer restrictions will be lifted upon expiration of the transfer restriction period. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 23 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,964. No discount or premium was applied. |
| Transfer restriction period | From 21 August 2026 until immediately after the recipient retires or resigns from all positions as a director, an executive officer who does not also serve as a director, or a statutory auditor of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the restricted period, provided that the recipient has continuously held one of the following positions during the service provision period: director, executive officer who does not also serve as a director, or statutory auditor of the Company or any of its subsidiaries. If the recipient retires or resigns upon expiration of the term of office or for another legitimate reason, the restrictions on the number of shares corresponding to the recipient's period of service will be lifted immediately after retirement or resignation. |
| Reason for acquisition without consideration | The Company will acquire the relevant shares without consideration if, during the restricted period, the recipient engages in an act that violates laws or regulations or otherwise falls under any specified event set out in the allocation agreement; if any shares remain subject to the transfer restrictions; or if the transfer restrictions are not lifted in connection with a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 4 directors who also serve as executive officers: 1,400 shares; 19 executive officers who do not also serve as directors: 7,600 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥26,676,000. The annual compensation limit for eligible directors is ¥200 million or less. |
| Procedures under the Corporate Code of Conduct | The matter was submitted to the Nomination and Compensation Committee for consultation. Whether an opinion was obtained from an independent third party or shareholder approval was sought: Not disclosed. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 sustainable enhancement of corporate value and promote value sharing with shareholders. The arrangement is also intended to further enhance the motivation of each eligible director and other recipient.
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.