Worth reading
43Recurring
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
5600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,600Shares
5,600 treasury shares
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)2 / 3,600 shares
Employees of the Company2 / 1,000 shares
Directors of the Company's subsidiaries2 / 1,000 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.
¥3,240 per share
Total issue value
¥18,144,000
Amount of funds to be raised
As this is a contribution in kind of monetary compensation receivables totaling ¥18,144,000, no cash will be raised. Approximate net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥18,144,000
発行済株式総数
Not applicable (this is a disposal of treasury shares, and no increase in the total number of issued shares is stated)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 June 2026 until immediately after the recipients leave their designated positions as officers or employees of the Company or its subsidiaries
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a designated position as an officer or employee of the Company or its subsidiaries throughout the service period, transfer restrictions on all shares will be lifted when the restricted transfer period expires. If the recipient leaves office or retires because of the expiration of the term of office, mandatory retirement or another legitimate reason, transfer restrictions on the number of shares corresponding to the period of service will be lifted immediately after the recipient leaves office or retires.
Reason for acquisition without consideration
If the recipient engages in a violation of laws or regulations during the restricted transfer period or otherwise falls under any of the circumstances stipulated in the allocation agreement. This also applies if any shares remain subject to transfer restrictions when the restricted transfer period expires or at the time the restrictions are lifted.
Categories and Number of Persons Covered
2 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors, 3,600 shares; 2 employees of the Company, 1,000 shares; 2 directors of the Company’s subsidiaries, 1,000 shares
Intended allottee's holding policy
During the restricted transfer period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them or otherwise disposing of them, and will generally hold them until they leave their designated positions as officers or employees of the Company or its subsidiaries.
Payment date
23 June 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange Standard Market on 25 May 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥3,240. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
The matter was deliberated by the Governance Committee. Whether opinions were obtained from other independent third parties 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 | 5,600 treasury shares |
| Issue price and disposal price | ¥3,240 per share |
| Total issue value | ¥18,144,000 |
| Amount of funds to be raised | As this is a contribution in kind of monetary compensation receivables totaling ¥18,144,000, no cash will be raised. Approximate net proceeds: Not disclosed |
| Payment date | 23 June 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of Shares 3,600 shares, Name Employees of the Company / Number of Employees 2 / Number of Shares 1,000 shares, Name Directors of the Company's subsidiaries / Number of Employees 2 / Number of Shares 1,000 shares |
| Intended allottee's holding policy | During the restricted transfer period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them or otherwise disposing of them, and will generally hold them until they leave their designated positions as officers or employees of the Company or its subsidiaries. |
| Dilution Rate | Not applicable (this is a disposal of treasury shares, and no increase in the total number of issued shares is stated) |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange Standard Market on 25 May 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥3,240. No discount or premium was applied. |
| Transfer restriction period | From 23 June 2026 until immediately after the recipients leave their designated positions as officers or employees of the Company or its subsidiaries |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a designated position as an officer or employee of the Company or its subsidiaries throughout the service period, transfer restrictions on all shares will be lifted when the restricted transfer period expires. If the recipient leaves office or retires because of the expiration of the term of office, mandatory retirement or another legitimate reason, transfer restrictions on the number of shares corresponding to the period of service will be lifted immediately after the recipient leaves office or retires. |
| Reason for acquisition without consideration | If the recipient engages in a violation of laws or regulations during the restricted transfer period or otherwise falls under any of the circumstances stipulated in the allocation agreement. This also applies if any shares remain subject to transfer restrictions when the restricted transfer period expires or at the time the restrictions are lifted. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors, 3,600 shares; 2 employees of the Company, 1,000 shares; 2 directors of the Company’s subsidiaries, 1,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥18,144,000 |
| Procedures under the Corporate Code of Conduct | The matter was deliberated by the Governance Committee. Whether opinions were obtained from other independent third parties or shareholder approval was sought: Not disclosed |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise 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.The purpose is to encourage the recipients to contribute to the sustained enhancement of corporate value by holding the restricted shares until they leave office or retire, thereby achieving long-term value sharing with shareholders. The Company also took into consideration the scope of the recipients’ responsibilities and the Company’s operating performance.
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.