Worth reading
46Recurring
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
56300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much56,300Shares
56,300 common shares of the Company (treasury shares)
The Company's directors (including 1 outside director and excluding directors who are Audit and Supervisory Committee members)3 / 15,500 shares
The Company's executive officers7 / 40,800 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.
¥2,007 per share
Total issue value
¥112,994,100
Total Stock-Based Compensation
Total monetary compensation claims of ¥112,994,100. The annual compensation limit for restricted stock compensation is ¥100 million or less, of which the portion for outside directors is ¥10 million or less.
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
The period from the delivery date of the restricted stock until the date on which the recipient retires or resigns from all positions as a director, executive officer or employee of the Company.
Conditions for lifting transfer restrictions
Directors must continuously hold one of the positions of director, executive officer or employee of the Company until the date of the first annual general meeting of shareholders held after the start date of the restricted period, while executive officers must do so until the end of March of the following year. If a recipient retires or resigns for a legitimate reason, part of the restrictions will be lifted in proportion to the period of service.
Reason for acquisition without consideration
The Company will acquire without consideration the shares whose restrictions have not been lifted if the recipient retires or resigns without a legitimate reason by the prescribed deadline, if the restrictions remain in place when the period expires, or in the event of certain circumstances including a sentence of imprisonment or more severe punishment, seizure or the commencement of insolvency proceedings, as well as competition with the Company or violations of laws or regulations. The same applies if the recipient retires or resigns in connection with a corporate reorganization or similar event.
Categories and Number of Persons Covered
3 directors of the Company (including 1 outside director; 15,500 shares) and 7 executive officers of the Company (40,800 shares)
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to a third party, pledged, used to create a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way, and must be held and maintained in a designated account until the restrictions are lifted.
Payment date
8 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 April 2026, ¥2,007. No discount or premium rate 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 | 56,300 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,007 per share |
| Total issue value | ¥112,994,100 |
| Payment date | 8 May 2026 |
| Intended allottee | Category The Company's directors (including 1 outside director and excluding directors who are Audit and Supervisory Committee members) / Number of Employees 3 / Number of Shares 15,500 shares, Category The Company's executive officers / Number of Employees 7 / Number of Shares 40,800 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to a third party, pledged, used to create a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way, and must be held and maintained in a designated account until the restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 April 2026, ¥2,007. No discount or premium rate is stated. |
| Transfer restriction period | The period from the delivery date of the restricted stock until the date on which the recipient retires or resigns from all positions as a director, executive officer or employee of the Company. |
| Conditions for lifting transfer restrictions | Directors must continuously hold one of the positions of director, executive officer or employee of the Company until the date of the first annual general meeting of shareholders held after the start date of the restricted period, while executive officers must do so until the end of March of the following year. If a recipient retires or resigns for a legitimate reason, part of the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration the shares whose restrictions have not been lifted if the recipient retires or resigns without a legitimate reason by the prescribed deadline, if the restrictions remain in place when the period expires, or in the event of certain circumstances including a sentence of imprisonment or more severe punishment, seizure or the commencement of insolvency proceedings, as well as competition with the Company or violations of laws or regulations. The same applies if the recipient retires or resigns in connection with a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 3 directors of the Company (including 1 outside director; 15,500 shares) and 7 executive officers of the Company (40,800 shares) |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥112,994,100. The annual compensation limit for restricted stock compensation is ¥100 million or less, of which the portion for outside directors is ¥10 million or less. |
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 enable the allotment recipients to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to share price appreciation and enhanced corporate value during their tenure as directors or executive officers. For outside directors, the purpose is also to align their interests with those of shareholders, provide incentives to enhance corporate value over the medium to long term, and strengthen the Board of Directors' overall oversight function.
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.