Worth reading
44Recurring
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
21280
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much21,280Shares
21,280 common shares of the Company (treasury shares)
5 directors of the Company, excluding outside directors21,280 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,762 per share
Amount of funds to be raised
Total payment amount: ¥37,495,360; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥37,495,360
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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
20 years (7 August 2026 to 6 August 2046)
Conditions for lifting transfer restrictions
Provided that an eligible director remains in the position of director of the Company continuously throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching mandatory retirement age or for another legitimate reason, the transfer restrictions on a number of shares determined according to the period of service will be lifted immediately after the director's departure. In the event of retirement due to death, the transfer restrictions will be lifted at a time separately determined by the Board of Directors after the director's death. In the event of a reorganization or similar transaction, some of the transfer restrictions will also be lifted based on a specified calculation method.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released as of the expiration of the transfer restriction period or the date on which the transfer restrictions are released.
Categories and Number of Persons Covered
5 directors of the Company (excluding outside directors), 21,280 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period is from 7 August 2026 to 6 August 2046.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,762. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 21,280 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,762 per share |
| Amount of funds to be raised | Total payment amount: ¥37,495,360; estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Name 5 directors of the Company, excluding outside directors / Number of Shares 21,280 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period is from 7 August 2026 to 6 August 2046. |
| 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 the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,762. No discount or premium rate was stated. |
| Transfer restriction period | 20 years (7 August 2026 to 6 August 2046) |
| Conditions for lifting transfer restrictions | Provided that an eligible director remains in the position of director of the Company continuously throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching mandatory retirement age or for another legitimate reason, the transfer restrictions on a number of shares determined according to the period of service will be lifted immediately after the director's departure. In the event of retirement due to death, the transfer restrictions will be lifted at a time separately determined by the Board of Directors after the director's death. In the event of a reorganization or similar transaction, some of the transfer restrictions will also be lifted based on a specified calculation method. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released as of the expiration of the transfer restriction period or the date on which the transfer restrictions are released. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding outside directors), 21,280 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥37,495,360 |
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateExercise 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 grant medium- to long-term incentives and promote the sharing of shareholder value under the restricted stock compensation plan, while taking into consideration the Company's business conditions, the scope of responsibilities of each eligible director and other relevant factors, in order to further enhance the motivation of each eligible director.
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.