Worth reading
49Recurring
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
15744
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much15,744Shares
15,744 common shares of the Company (treasury shares)
6 directors14,945 shares
1 statutory auditor799 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.
¥1,251 per share
Total issue value
¥19,695,744
Amount of funds to be raised
Total payment amount: ¥19,695,744; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥19,695,744
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 18 June 2026, the payment date, until the later of the date on which the relevant officer retires or immediately after 1 June 2027.
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of director or statutory auditor from 21 May 2026 through the date of the 2027 Annual General Meeting of Shareholders. If the recipient retires due to death, expiration of the term of office, or another reason deemed legitimate by the Company, the transfer restrictions will be lifted for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
At the end of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
6 directors: 14,945 shares; 1 statutory auditor: 799 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of.
Payment date
18 June 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 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,251. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
At the 42nd Annual General Meeting of Shareholders held on 23 May 2019, approval was obtained for the restricted stock compensation plan and the related compensation limits.
Impact on Business Performance
The impact of this matter on business performance is 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 | 15,744 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,251 per share |
| Total issue value | ¥19,695,744 |
| Amount of funds to be raised | Total payment amount: ¥19,695,744; estimated net proceeds: not disclosed |
| Payment date | 18 June 2026 |
| Intended allottee | Category 6 directors / Number of Shares 14,945 shares, Category 1 statutory auditor / Number of Shares 799 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,251. No discount or premium was stated. |
| Transfer restriction period | From 18 June 2026, the payment date, until the later of the date on which the relevant officer retires or immediately after 1 June 2027. |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director or statutory auditor from 21 May 2026 through the date of the 2027 Annual General Meeting of Shareholders. If the recipient retires due to death, expiration of the term of office, or another reason deemed legitimate by the Company, the transfer restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 6 directors: 14,945 shares; 1 statutory auditor: 799 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥19,695,744 |
| Procedures under the Corporate Code of Conduct | At the 42nd Annual General Meeting of Shareholders held on 23 May 2019, approval was obtained for the restricted stock compensation plan and the related compensation limits. |
| Impact on Business Performance | The impact of this matter on business performance is Not disclosed |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 corporate value and shareholder value over the medium to long term, and to promote value sharing 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.