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
44530
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much44,530Shares
Treasury shares: 44,530 shares
Managers of the Company27 / 16,470 shares
Managers of the Company's subsidiaries46 / 28,060 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.
¥491 per share
Total issue value
¥21,864,230
Amount of funds to be raised
Total payment amount: ¥21,864,230; estimated net proceeds: Not disclosed (the transaction involves a contribution in kind of monetary claims)
Total Stock-Based Compensation
Total monetary claims: ¥21,864,230
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
5 years, from 21 April 2026 to 31 March 2031.
Conditions for lifting transfer restrictions
The restrictions will be fully lifted upon expiration of the period, provided that the individual has continuously remained an employee of the Company or one of its subsidiaries during the transfer restriction period. The restrictions will also be lifted under specified conditions in the event of retirement due to mandatory retirement or other legitimate reasons, becoming a non-resident due to an overseas transfer or other circumstances, or a corporate reorganization.
Reason for acquisition without consideration
The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiration of the transfer restriction period or at a specified lifting date, all shares in the event of certain contractual circumstances or a violation of laws or regulations, and any shares for which the transfer restrictions remain in place following a corporate reorganization.
Offering structure
Underwriter / lead underwriter
Not applicable (Nomura Securities Co., Ltd. administers the stock administration account)
Categories and Number of Persons Covered
27 management employees of the Company, 16,470 shares; 46 management employees of the Company's subsidiaries, 28,060 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged as collateral or otherwise disposed of in any manner. The transfer restriction period runs from 21 April 2026 to 31 March 2031.
Payment date
21 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 26 March 2026, which was ¥491. 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 | Treasury shares: 44,530 shares |
| Issue price and disposal price | ¥491 per share |
| Total issue value | ¥21,864,230 |
| Amount of funds to be raised | Total payment amount: ¥21,864,230; estimated net proceeds: Not disclosed (the transaction involves a contribution in kind of monetary claims) |
| Payment date | 21 April 2026 |
| Intended allottee | Name Managers of the Company / Number of Employees 27 / Number of Shares 16,470 shares, Name Managers of the Company's subsidiaries / Number of Employees 46 / Number of Shares 28,060 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged as collateral or otherwise disposed of in any manner. The transfer restriction period runs from 21 April 2026 to 31 March 2031. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 26 March 2026, which was ¥491. No discount or premium rate was stated. |
| Transfer restriction period | 5 years, from 21 April 2026 to 31 March 2031. |
| Conditions for lifting transfer restrictions | The restrictions will be fully lifted upon expiration of the period, provided that the individual has continuously remained an employee of the Company or one of its subsidiaries during the transfer restriction period. The restrictions will also be lifted under specified conditions in the event of retirement due to mandatory retirement or other legitimate reasons, becoming a non-resident due to an overseas transfer or other circumstances, or a corporate reorganization. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiration of the transfer restriction period or at a specified lifting date, all shares in the event of certain contractual circumstances or a violation of laws or regulations, and any shares for which the transfer restrictions remain in place following a corporate reorganization. |
| Categories and Number of Persons Covered | 27 management employees of the Company, 16,470 shares; 46 management employees of the Company's subsidiaries, 28,060 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥21,864,230 |
| Underwriter / lead underwriter | Not applicable (Nomura Securities Co., Ltd. administers the stock administration account) |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsOverallotmentStock 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 provide an incentive to continuously enhance the corporate value of the Company Group and further promote shared value with shareholders.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.