Worth reading
43Recurring
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
7000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much7,000Shares
7,000 treasury shares
5 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 7,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,410 per share
Total issue value
¥9,870,000
Total Stock-Based Compensation
Total monetary compensation claims of ¥9,870,000 (the compensation limit under the plan is no more than ¥48 million per 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
30 years (from 6 August 2026 to 5 August 2056)
Conditions for lifting transfer restrictions
All of the shares allocated under the plan will be released from the transfer restrictions upon expiration of the transfer restriction period, provided that the eligible director has continuously held the position of director of the Company throughout that period. However, if the director leaves office due to death, expiration of the term of office, retirement age, or any other reason deemed legitimate by the Board of Directors, the number of shares to be released and the timing of the release will be reasonably adjusted.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period or the lifting of the transfer restrictions, the Company will acquire without consideration any allocated shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
5 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 7,000 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restrictions will be lifted upon expiration of the transfer restriction period, which runs from 6 August 2026 to 5 August 2056.
Payment date
6 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,410. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 7,000 treasury shares |
| Issue price and disposal price | ¥1,410 per share |
| Total issue value | ¥9,870,000 |
| Payment date | 6 August 2026 |
| Intended allottee | 5 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 7,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restrictions will be lifted upon expiration of the transfer restriction period, which runs from 6 August 2026 to 5 August 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,410. No discount or premium applies. |
| Transfer restriction period | 30 years (from 6 August 2026 to 5 August 2056) |
| Conditions for lifting transfer restrictions | All of the shares allocated under the plan will be released from the transfer restrictions upon expiration of the transfer restriction period, provided that the eligible director has continuously held the position of director of the Company throughout that period. However, if the director leaves office due to death, expiration of the term of office, retirement age, or any other reason deemed legitimate by the Board of Directors, the number of shares to be released and the timing of the release will be reasonably adjusted. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period or the lifting of the transfer restrictions, the Company will acquire without consideration any allocated shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 7,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥9,870,000 (the compensation limit under the plan is no more than ¥48 million per year) |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 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 the eligible directors with incentives to achieve sustained growth in corporate value and promote value sharing with shareholders. The number of shares allocated and the amount of compensation were determined after considering the purpose of the plan, the Company's performance, and the scope of responsibilities 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.