Worth reading
51Recurring
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
19836
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much19,836Shares
19,836 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members)3 / 5,990 shares
Directors and executive officers of the Company's subsidiaries13 / 3,166 shares
Employees of the Company’s subsidiaries125 / 10,680 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.
¥2,704 per share
Total issue value
¥53,636,544
Amount of funds to be raised
Total payment amount: ¥53,636,544; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥53,636,544, including ¥16,196,960 for the eligible directors
発行済株式総数
0.04％
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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
Service-continuation type: from 15 July 2026 until the date on which the recipient ceases to be a director of the Company. Performance-linked type: from the payment date until the date of the Company's annual general meeting of shareholders to be held in 2031. For subsidiary directors, executive officers and employees: from the payment date until 15 July 2029.
Conditions for lifting transfer restrictions
For the service-continuation type, the recipient must continuously remain a director of the Company throughout the service provision period. For the performance-linked type, the number of shares will be calculated based on continued service during the transfer restriction period and the degree of achievement of performance targets. The performance targets are the employee engagement score and the reduction in carbon dioxide emissions per unit of sales revenue. For subsidiary directors, executive officers and employees, the recipient must continuously hold the prescribed position as a director, executive officer or employee throughout the transfer restriction period.
Reason for acquisition without consideration
At the expiration of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been released.
Categories and Number of Persons Covered
3 Company directors: 5,990 shares; 13 directors and executive officers of the Company's subsidiaries: 3,166 shares; 125 employees of the Company's subsidiaries: 10,680 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The restricted shares will be managed in dedicated accounts at Daiwa Securities Co., Ltd.
Payment date
15 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,704. No discount or premium was applied.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 19,836 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,704 per share |
| Total issue value | ¥53,636,544 |
| Amount of funds to be raised | Total payment amount: ¥53,636,544; estimated net proceeds: Not disclosed |
| Payment date | 15 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of Shares 5,990 shares, Name Directors and executive officers of the Company's subsidiaries / Number of Employees 13 / Number of Shares 3,166 shares, Name Employees of the Company’s subsidiaries / Number of Employees 125 / Number of Shares 10,680 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The restricted shares will be managed in dedicated accounts at Daiwa Securities Co., Ltd. |
| Dilution Rate | 0.04％ |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,704. No discount or premium was applied. |
| Transfer restriction period | Service-continuation type: from 15 July 2026 until the date on which the recipient ceases to be a director of the Company. Performance-linked type: from the payment date until the date of the Company's annual general meeting of shareholders to be held in 2031. For subsidiary directors, executive officers and employees: from the payment date until 15 July 2029. |
| Conditions for lifting transfer restrictions | For the service-continuation type, the recipient must continuously remain a director of the Company throughout the service provision period. For the performance-linked type, the number of shares will be calculated based on continued service during the transfer restriction period and the degree of achievement of performance targets. The performance targets are the employee engagement score and the reduction in carbon dioxide emissions per unit of sales revenue. For subsidiary directors, executive officers and employees, the recipient must continuously hold the prescribed position as a director, executive officer or employee throughout the transfer restriction period. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | 3 Company directors: 5,990 shares; 13 directors and executive officers of the Company's subsidiaries: 3,166 shares; 125 employees of the Company's subsidiaries: 10,680 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥53,636,544, including ¥16,196,960 for the eligible directors |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsTotal 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 strengthen incentives for the sustainable enhancement of corporate value, achieve long-term value sharing with shareholders, and increase the linkage between performance and the compensation of the eligible directors.
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.