Worth reading
59In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
14112
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much14,112Shares
14,112 common shares (new shares)
5 directors of the Company, excluding outside directors14,112 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,000 per share
Total issue value
¥28,224,000
Amount of funds to be raised
Total amount paid in: ¥28,224,000; estimated net proceeds: Not disclosed (contribution in kind of monetary claims under the plan)
Total Stock-Based Compensation
Total monetary claims: ¥28,224,000 (annual compensation limit under the plan: ¥60 million or less)
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 26 June 2026 until immediately after the eligible director ceases to hold the position of director of the Company
Conditions for lifting transfer restrictions
Provided that the eligible director continuously holds the position of director of the Company throughout the applicable service period, the restrictions on all of the shares allotted under this plan will be lifted upon expiration of the restricted period. If the eligible director ceases to hold the position upon expiration of the term of office or for another legitimate reason, a specified proportion of the restrictions will be lifted immediately thereafter.
Reason for acquisition without consideration
If the eligible director violates any law or regulation during the restricted period or otherwise falls under any specified circumstance set forth in the allotment agreement, the Company will acquire all of the shares allotted under this plan without consideration at that time. The Company will also acquire without consideration any shares for which the restrictions are not lifted.
Categories and Number of Persons Covered
5 directors of the Company (excluding outside directors), 14,112 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of in any way. The restrictions will be lifted upon expiration of the restricted period, provided that the eligible director has continuously held the position of director throughout the applicable service period.
Payment date
26 June 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 27 May 2026, which was ¥2,000. There is no discount or premium.
Procedures under the Corporate Code of Conduct
The matter was submitted to the Nomination and Compensation Committee for consultation. Whether opinions were obtained from other independent third parties or shareholder approval was confirmed: Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 14,112 common shares (new shares) |
| Issue price and disposal price | ¥2,000 per share |
| Total issue value | ¥28,224,000 |
| Amount of funds to be raised | Total amount paid in: ¥28,224,000; estimated net proceeds: Not disclosed (contribution in kind of monetary claims under the plan) |
| Payment date | 26 June 2026 |
| Intended allottee | Name 5 directors of the Company, excluding outside directors / Number of Shares 14,112 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of in any way. The restrictions will be lifted upon expiration of the restricted period, provided that the eligible director has continuously held the position of director throughout the applicable service period. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 27 May 2026, which was ¥2,000. There is no discount or premium. |
| Transfer restriction period | From 26 June 2026 until immediately after the eligible director ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | Provided that the eligible director continuously holds the position of director of the Company throughout the applicable service period, the restrictions on all of the shares allotted under this plan will be lifted upon expiration of the restricted period. If the eligible director ceases to hold the position upon expiration of the term of office or for another legitimate reason, a specified proportion of the restrictions will be lifted immediately thereafter. |
| Reason for acquisition without consideration | If the eligible director violates any law or regulation during the restricted period or otherwise falls under any specified circumstance set forth in the allotment agreement, the Company will acquire all of the shares allotted under this plan without consideration at that time. The Company will also acquire without consideration any shares for which the restrictions are not lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding outside directors), 14,112 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥28,224,000 (annual compensation limit under the plan: ¥60 million or less) |
| Procedures under the Corporate Code of Conduct | The matter was submitted to the Nomination and Compensation Committee for consultation. Whether opinions were obtained from other independent third parties or shareholder approval was confirmed: Not disclosed. |
Items this document does not state (13)
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 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 provide incentives for the sustained enhancement of corporate value, promote value sharing with shareholders, and further increase 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.