Worth reading
41Recurring
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
14200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much14,200Shares
14,200 treasury shares
4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors14,200 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,060 per share
Total issue value
¥29,252,000
Amount of funds to be raised
Total amount to be paid: ¥29,252,000 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥29,252,000. Under the plan, monetary compensation receivables are limited to ¥60 million per year.
発行済株式総数
The total number of issued shares will not increase
Not applicable (disposal of treasury shares)
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 July 2026 to 22 July 2076 (50 years)
Conditions for lifting transfer restrictions
Subject to the eligible director continuously holding the position of director of the Company throughout the transfer restriction period, the transfer restrictions on all shares will be lifted upon expiration of the transfer restriction period. If the eligible director retires upon expiration of the term of office, due to death, or for another legitimate reason, the transfer restrictions will be lifted immediately after retirement. In the event of a reorganization or other similar event, the transfer restrictions may be lifted, pursuant to a resolution of the Board of Directors, immediately before the business day preceding the effective date.
Reason for acquisition without consideration
Immediately after expiration of the transfer restriction period or immediately after the transfer restrictions are lifted, the Company will automatically acquire without consideration any of the shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
4 directors of the Company (excluding directors who are Audit & Supervisory Committee members and outside directors), totaling 14,200 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 runs from 23 July 2026 through 22 July 2076.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares in regular trading on the Tokyo Stock Exchange on 24 June 2026, the day before the date of the Board of Directors' resolution, was ¥2,060. The discount rate and premium rate are 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 | 14,200 treasury shares |
| Issue price and disposal price | ¥2,060 per share |
| Total issue value | ¥29,252,000 |
| Amount of funds to be raised | Total amount to be paid: ¥29,252,000 (estimated net proceeds: Not disclosed) |
| Payment date | 23 July 2026 |
| Intended allottee | Name 4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors / Number of Shares 14,200 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 runs from 23 July 2026 through 22 July 2076. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | The total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares in regular trading on the Tokyo Stock Exchange on 24 June 2026, the day before the date of the Board of Directors' resolution, was ¥2,060. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | From 23 July 2026 to 22 July 2076 (50 years) |
| Conditions for lifting transfer restrictions | Subject to the eligible director continuously holding the position of director of the Company throughout the transfer restriction period, the transfer restrictions on all shares will be lifted upon expiration of the transfer restriction period. If the eligible director retires upon expiration of the term of office, due to death, or for another legitimate reason, the transfer restrictions will be lifted immediately after retirement. In the event of a reorganization or other similar event, the transfer restrictions may be lifted, pursuant to a resolution of the Board of Directors, immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | Immediately after expiration of the transfer restriction period or immediately after the transfer restrictions are lifted, the Company will automatically acquire without consideration any of the shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding directors who are Audit & Supervisory Committee members and outside directors), totaling 14,200 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥29,252,000. Under the plan, monetary compensation receivables are limited to ¥60 million per year. |
Items this document does not state (12)
Estimated 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 Company took into consideration the purpose of the restricted stock compensation plan, the Company's performance, the scope of the responsibilities of the eligible directors, and other relevant factors, in accordance with the plan.
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.