Worth reading
47Recurring
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
41000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much41,000Shares
41,000 shares of the Company's common stock (treasury shares)
7 directors (excluding directors serving as Audit and Supervisory Committee members)41,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥275 per share
Total issue value
Total disposal value: ¥11,275,000
Amount of funds to be raised
Total payment amount: ¥11,275,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥11,275,000 (including ¥1,732,500 for outside directors)
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 30 September 2026 until the date on which the recipient ceases to be a director of the Company
Conditions for lifting transfer restrictions
All transfer restrictions will be lifted upon expiry of the transfer restriction period, subject to the recipient continuously remaining a director from the date of the annual general meeting of shareholders immediately preceding 30 September 2026 until the date of the annual general meeting of shareholders in the following year. If the recipient ceases to be a director due to death or for another reason deemed valid by the Board of Directors, some or all of the restrictions will be lifted in proportion to the number of months in office. In the event of a reorganisation or similar transaction, some of the restrictions will be lifted on a prescribed pro rata basis.
Reason for acquisition without consideration
The Company will automatically acquire, without consideration, any shares whose transfer restrictions have not been lifted upon expiry of the transfer restriction period.
Categories and Number of Persons Covered
7 directors (excluding directors serving as Audit and Supervisory Committee members), 41,000 shares (including 3 outside directors and 6,300 shares)
Intended allottee's holding policy
The transfer restriction period runs from 30 September 2026 until the date on which the recipient ceases to be a director of the Company. During this period, the shares may not be transferred, pledged as collateral or otherwise disposed of.
Payment date
30 September 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 11 September 2026 was ¥275. The closing price on the business day immediately preceding the date of the Board of Directors' resolution was used, with a discount rate and premium rate of 0%.
Impact on Business Performance
The impact on financial results is 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 | 41,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥275 per share |
| Total issue value | Total disposal value: ¥11,275,000 |
| Amount of funds to be raised | Total payment amount: ¥11,275,000; estimated net proceeds: Not disclosed |
| Payment date | 30 September 2026 |
| Intended allottee | Name 7 directors (excluding directors serving as Audit and Supervisory Committee members) / Number of Shares 41,000 shares |
| Intended allottee's holding policy | The transfer restriction period runs from 30 September 2026 until the date on which the recipient ceases to be a director of the Company. During this period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 11 September 2026 was ¥275. The closing price on the business day immediately preceding the date of the Board of Directors' resolution was used, with a discount rate and premium rate of 0%. |
| Transfer restriction period | From 30 September 2026 until the date on which the recipient ceases to be a director of the Company |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted upon expiry of the transfer restriction period, subject to the recipient continuously remaining a director from the date of the annual general meeting of shareholders immediately preceding 30 September 2026 until the date of the annual general meeting of shareholders in the following year. If the recipient ceases to be a director due to death or for another reason deemed valid by the Board of Directors, some or all of the restrictions will be lifted in proportion to the number of months in office. In the event of a reorganisation or similar transaction, some of the restrictions will be lifted on a prescribed pro rata basis. |
| Reason for acquisition without consideration | The Company will automatically acquire, without consideration, any shares whose transfer restrictions have not been lifted upon expiry of the transfer restriction period. |
| Categories and Number of Persons Covered | 7 directors (excluding directors serving as Audit and Supervisory Committee members), 41,000 shares (including 3 outside directors and 6,300 shares) |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥11,275,000 (including ¥1,732,500 for outside directors) |
| Impact on Business Performance | The impact on financial results is 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 RatioProcedures 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 provide directors with an incentive to achieve sustained growth in corporate value and promote the sharing of 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.
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.