Worth reading
37Immaterial
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
31485
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much31,485Shares
Number of shares to be issued/disposed of: 31,485 treasury shares
7 of the Company's executive officers (including executive officers who concurrently serve as directors of the Company)31,485 shares
The lower thin line represents the existing number of shares to which these shares will be added.
Issue price/disposal price: ¥1,105 per share
Amount of funds to be raised
Total payment amount: ¥34,790,925; estimated net proceeds: Not disclosed (no cash proceeds to the Company because the shares are contributed in kind in exchange for monetary compensation receivables)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥34,790,925
発行済株式総数
0.07％
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 24 July 2026 until the date on which each recipient retires from their position as an executive officer of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of executive officer of the Company throughout the transfer restriction period. If the recipient retires for a reason deemed legitimate by the Board of Directors, the number of shares for which the transfer restrictions will be lifted and the timing of the lifting will be reasonably adjusted.
Reason for acquisition without consideration
If any shares remain subject to transfer restrictions when the transfer restriction period expires, the Company will automatically acquire those shares without consideration. In the event of a corporate reorganization or similar transaction, the Company will acquire without consideration any shares that remain subject to transfer restrictions on the business day immediately preceding the effective date.
Categories and Number of Persons Covered
7 of the Company's executive officers (including executive officers who concurrently serve as directors of the Company), 31,485 shares
Intended allottee's holding policy
The shares will be held and maintained in a designated account at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. The transfer restriction period will run from 24 July 2026 until the date on which each recipient retires from their position as an executive officer of the Company.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 8 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,105. No discount or premium will be applied.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Number of shares to be issued/disposed of: 31,485 treasury shares |
| Issue price and disposal price | Issue price/disposal price: ¥1,105 per share |
| Amount of funds to be raised | Total payment amount: ¥34,790,925; estimated net proceeds: Not disclosed (no cash proceeds to the Company because the shares are contributed in kind in exchange for monetary compensation receivables) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 7 of the Company's executive officers (including executive officers who concurrently serve as directors of the Company) / Number of Shares 31,485 shares |
| Intended allottee's holding policy | The shares will be held and maintained in a designated account at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. The transfer restriction period will run from 24 July 2026 until the date on which each recipient retires from their position as an executive officer of the Company. |
| Dilution Rate | 0.07％ |
| Total number of issued shares | 44,683,980 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 8 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,105. No discount or premium will be applied. |
| Transfer restriction period | From 24 July 2026 until the date on which each recipient retires from their position as an executive officer of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of executive officer of the Company throughout the transfer restriction period. If the recipient retires for a reason deemed legitimate by the Board of Directors, the number of shares for which the transfer restrictions will be lifted and the timing of the lifting will be reasonably adjusted. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions when the transfer restriction period expires, the Company will automatically acquire those shares without consideration. In the event of a corporate reorganization or similar transaction, the Company will acquire without consideration any shares that remain subject to transfer restrictions on the business day immediately preceding the effective date. |
| Categories and Number of Persons Covered | 7 of the Company's executive officers (including executive officers who concurrently serve as directors of the Company), 31,485 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥34,790,925 |
Items this document does not state (13)
Total issue valueEstimated issuance expensesSpecific use of fundsExercise 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.The purpose is to meet the requirements of the Corporate Governance Code and to promote the sharing of shareholder interests. The dilution is limited to 0.07% and is considered reasonable in light of the purpose of the compensation plan involving the delivery of restricted stock.
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.