Worth reading
48Recurring
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
14167
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much14,167Shares
14,167 common shares of the Company (treasury shares)
4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors14,167 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥741 per share
Amount of funds to be raised
Total payment amount: ¥10,497,747 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary claims: ¥10,497,747 (under a compensation framework of up to ¥50 million per year)
発行済株式総数
The total number of issued shares will not increase
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
17 July 2026 to 16 July 2029 (3 years)
Conditions for lifting transfer restrictions
Provided that an eligible director continuously holds one of the following positions during the transfer restriction period: director of the Company or one of its subsidiaries, executive officer who does not concurrently serve as a director, or adviser, the transfer restrictions on all of the allocated shares will be lifted when the transfer restriction period expires. If the director leaves office upon expiration of the term or for another legitimate reason, the transfer restrictions will be lifted immediately after departure for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
If an eligible director violates laws or regulations during the transfer restriction period or becomes subject to any other specified event set out in the allocation agreement, the Company will acquire all of the allocated shares without consideration. The Company will also acquire without consideration any allocated shares whose transfer restrictions are not lifted.
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors, 14,167 shares
Intended allottee's holding policy
During the restricted transfer period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them or otherwise disposing of them. The restricted transfer period runs from 17 July 2026 to 16 July 2029.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 June 2026, the business day before the date of the Board of Directors' resolution, was ¥741. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
The matter was submitted to the Nomination and Compensation Committee for consultation.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 14,167 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥741 per share |
| Amount of funds to be raised | Total payment amount: ¥10,497,747 (estimated net proceeds: Not disclosed) |
| Payment date | 17 July 2026 |
| Intended allottee | Name 4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors / Number of Shares 14,167 shares |
| Intended allottee's holding policy | During the restricted transfer period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them or otherwise disposing of them. The restricted transfer period runs from 17 July 2026 to 16 July 2029. |
| Total number of issued shares | The total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 June 2026, the business day before the date of the Board of Directors' resolution, was ¥741. No discount or premium was applied. |
| Transfer restriction period | 17 July 2026 to 16 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | Provided that an eligible director continuously holds one of the following positions during the transfer restriction period: director of the Company or one of its subsidiaries, executive officer who does not concurrently serve as a director, or adviser, the transfer restrictions on all of the allocated shares will be lifted when the transfer restriction period expires. If the director leaves office upon expiration of the term or for another legitimate reason, the transfer restrictions will be lifted immediately after departure for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | If an eligible director violates laws or regulations during the transfer restriction period or becomes subject to any other specified event set out in the allocation agreement, the Company will acquire all of the allocated shares without consideration. The Company will also acquire without consideration any allocated shares whose transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors, 14,167 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥10,497,747 (under a compensation framework of up to ¥50 million per year) |
| Procedures under the Corporate Code of Conduct | The matter was submitted to the Nomination and Compensation Committee for consultation. |
Items this document does not state (13)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 achieve sustained enhancement of corporate value and promote long-term shared value with shareholders. The arrangement is also intended to further enhance the motivation 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.