Worth reading
61In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much10,000Shares
10,000 shares of common stock
4 of the Company’s directors, excluding directors who are Audit and Supervisory Committee members10,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,821 per share
Total issue value
¥28,210,000
Amount of funds to be raised
Total payment amount: ¥28,210,000 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation claims: ¥28,210,000. The compensation limit under the scheme is ¥50 million per year (up to ¥150 million over 3 years).
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 the issue date until the date on which the holder ceases to be a director of the Company
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the restricted transfer period, provided that the holder remains a director of the Company continuously from the issue date until the date three years after the end of the fiscal year in which the date of allocation falls. If the holder ceases to be a director for a valid reason, the restrictions will be lifted for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
All shares for which the transfer restrictions have not been lifted upon expiration of the restricted transfer period will be acquired by the Company without consideration. In the event of a corporate reorganization or other similar event, any shares for which the transfer restrictions remain in place after the restrictions are lifted will likewise be acquired without consideration.
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit and Supervisory Committee members; 10,000 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred, pledged, or otherwise disposed of. The restricted transfer period runs from the issue date until the date on which the holder ceases to be a director of the Company.
Payment date
3 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors’ resolution, 17 June 2026, was ¥2,821. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
At the 35th Annual General Meeting of Shareholders held on 30 May 2024, approval was obtained for the restricted stock compensation plan, the compensation limit and other related matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 10,000 shares of common stock |
| Issue price and disposal price | ¥2,821 per share |
| Total issue value | ¥28,210,000 |
| Amount of funds to be raised | Total payment amount: ¥28,210,000 (estimated net proceeds: Not disclosed) |
| Payment date | 3 July 2026 |
| Intended allottee | Name 4 of the Company’s directors, excluding directors who are Audit and Supervisory Committee members / Number of Shares 10,000 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged, or otherwise disposed of. The restricted transfer period runs from the issue date until the date on which the holder ceases to be a director of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors’ resolution, 17 June 2026, was ¥2,821. No discount or premium was applied. |
| Transfer restriction period | From the issue date until the date on which the holder ceases to be a director of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the restricted transfer period, provided that the holder remains a director of the Company continuously from the issue date until the date three years after the end of the fiscal year in which the date of allocation falls. If the holder ceases to be a director for a valid reason, the restrictions will be lifted for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | All shares for which the transfer restrictions have not been lifted upon expiration of the restricted transfer period will be acquired by the Company without consideration. In the event of a corporate reorganization or other similar event, any shares for which the transfer restrictions remain in place after the restrictions are lifted will likewise be acquired without consideration. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit and Supervisory Committee members; 10,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥28,210,000. The compensation limit under the scheme is ¥50 million per year (up to ¥150 million over 3 years). |
| Procedures under the Corporate Code of Conduct | At the 35th Annual General Meeting of Shareholders held on 30 May 2024, approval was obtained for the restricted stock compensation plan, the compensation limit and other related matters. |
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 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 further enhance the eligible directors’ motivation, increase their willingness to contribute to the sustained enhancement of 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.