Worth reading
42Recurring
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
7700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much7,700Shares
7,700 common shares of the company (treasury shares)
1 director of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors1,300 shares
3 executive officers of the Company2,100 shares
12 employees of the company4,300 shares
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥1,606 per share
Total issue value
¥12,366,200
Total Stock-Based Compensation
Total monetary compensation claims of ¥12,366,200. The compensation limit is ¥100 million per year, and the total number of restricted shares is capped at 125,000 shares for each fiscal year.
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
26 June 2026 to 25 June 2029 (three years)
Conditions for lifting transfer restrictions
The recipient must continuously hold one of the positions of director, executive officer or employee of the company from 26 June 2026 until the date of the first annual general meeting of shareholders held thereafter. In the event of retirement or resignation for a valid reason, the restrictions will be partially lifted in proportion to the number of months served.
Reason for acquisition without consideration
If, before the date of the first annual general meeting of shareholders held thereafter, the recipient retires or resigns from all positions as director, executive officer and employee without a valid reason. If any shares remain subject to the transfer restrictions when the transfer restriction period expires. If any shares remain subject to the transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar transaction.
Stock Split Ratio5 common shares for each common share, effective 16 November 2018
Categories and Number of Persons Covered
1 director of the company (excluding directors who are Audit and Supervisory Committee members and outside directors): 1,300 shares; 3 executive officers of the company: 2,100 shares; 12 employees of the company: 4,300 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, made subject to a transfer security interest, given as an inter vivos gift, bequeathed or otherwise disposed of in any way. The restrictions will be lifted at the end of the transfer restriction period if the conditions, including continued service with the company, are satisfied.
Payment date
26 June 2026 (disposal date)
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on 10 June 2026, ¥1,606. No discount or premium rate is stated.
Impact on Business Performance
No impact of this disposal of treasury shares on financial results is 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 | 7,700 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥1,606 per share |
| Total issue value | ¥12,366,200 |
| Payment date | 26 June 2026 (disposal date) |
| Intended allottee | Category 1 director of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors / Number of Shares 1,300 shares, Category 3 executive officers of the Company / Number of Shares 2,100 shares, Category 12 employees of the company / Number of Shares 4,300 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, made subject to a transfer security interest, given as an inter vivos gift, bequeathed or otherwise disposed of in any way. The restrictions will be lifted at the end of the transfer restriction period if the conditions, including continued service with the company, are satisfied. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 10 June 2026, ¥1,606. No discount or premium rate is stated. |
| Transfer restriction period | 26 June 2026 to 25 June 2029 (three years) |
| Conditions for lifting transfer restrictions | The recipient must continuously hold one of the positions of director, executive officer or employee of the company from 26 June 2026 until the date of the first annual general meeting of shareholders held thereafter. In the event of retirement or resignation for a valid reason, the restrictions will be partially lifted in proportion to the number of months served. |
| Reason for acquisition without consideration | If, before the date of the first annual general meeting of shareholders held thereafter, the recipient retires or resigns from all positions as director, executive officer and employee without a valid reason. If any shares remain subject to the transfer restrictions when the transfer restriction period expires. If any shares remain subject to the transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 1 director of the company (excluding directors who are Audit and Supervisory Committee members and outside directors): 1,300 shares; 3 executive officers of the company: 2,100 shares; 12 employees of the company: 4,300 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥12,366,200. The compensation limit is ¥100 million per year, and the total number of restricted shares is capped at 125,000 shares for each fiscal year. |
| Stock Split Ratio | 5 common shares for each common share, effective 16 November 2018 |
| Impact on Business Performance | No impact of this disposal of treasury shares on financial results is stated |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering
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 enable the eligible recipients to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to higher share prices and enhanced corporate value.
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.