Worth reading
50Recurring
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
3014
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,014Shares
3,014 common shares (treasury shares)
6 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors3,014 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥4,970 per share
Total issue value
¥14,979,580
Amount of funds to be raised
Total payment amount: ¥14,979,580; estimated net proceeds: Not disclosed (no funds will be raised by the Company because the shares are contributed in kind)
Total Stock-Based Compensation
Total monetary claims: ¥14,979,580. The annual cap on total compensation for the eligible directors is ¥50 million.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase
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 17 July 2026 until immediately after the recipient leaves office or retires from a designated position as an officer or employee of the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
The recipient must continuously hold the designated position during the service period, and consolidated ordinary profit for the 49th fiscal year (from 1 April 2026 to 31 March 2027) must reach at least ¥13,157 million. Individual release conditions based on the timing of leaving office or retiring are also stipulated.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares allotted herein for which the transfer restrictions have not been lifted as of the end of the transfer restriction period or when the recipient leaves office or retires.
Categories and Number of Persons Covered
6 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors); 3,014 shares allotted
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged as collateral or otherwise disposed of in any way. The shares will be managed in a designated account.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of ¥4,970 on the Tokyo Stock Exchange Prime Market on 18 June 2026, the business day preceding the date of the Board of Directors' resolution. No discount or premium applies.
Procedures under the Corporate Code of Conduct
The restricted stock compensation plan was approved at the 47th Annual General Meeting of Shareholders held on 20 June 2025.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 3,014 common shares (treasury shares) |
| Issue price and disposal price | ¥4,970 per share |
| Total issue value | ¥14,979,580 |
| Amount of funds to be raised | Total payment amount: ¥14,979,580; estimated net proceeds: Not disclosed (no funds will be raised by the Company because the shares are contributed in kind) |
| Payment date | 17 July 2026 |
| Intended allottee | Name 6 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 3,014 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged as collateral or otherwise disposed of in any way. The shares will be managed in a designated account. |
| Dilution Rate | No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of ¥4,970 on the Tokyo Stock Exchange Prime Market on 18 June 2026, the business day preceding the date of the Board of Directors' resolution. No discount or premium applies. |
| Transfer restriction period | From 17 July 2026 until immediately after the recipient leaves office or retires from a designated position as an officer or employee of the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the designated position during the service period, and consolidated ordinary profit for the 49th fiscal year (from 1 April 2026 to 31 March 2027) must reach at least ¥13,157 million. Individual release conditions based on the timing of leaving office or retiring are also stipulated. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares allotted herein for which the transfer restrictions have not been lifted as of the end of the transfer restriction period or when the recipient leaves office or retires. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors); 3,014 shares allotted |
| Total Stock-Based Compensation | Total monetary claims: ¥14,979,580. The annual cap on total compensation for the eligible directors is ¥50 million. |
| Procedures under the Corporate Code of Conduct | The restricted stock compensation plan was approved at the 47th Annual General Meeting of Shareholders held on 20 June 2025. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise 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 further motivate the eligible directors, provide them with an incentive to sustainably enhance corporate value, and 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.