Komori
Share Issuance and Disposal3550STUDIO ATAO Co.,Ltd.Retail

Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Employees

The Board of Directors resolved to dispose of 15,000 treasury shares held by the Company to 3 employees as restricted stock. The shares will be subject to staggered transfer restrictions of 5, 10, 15, 20 and 25 years.

Worth reading
45Recurring
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
15000
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much15,000Shares

15,000 shares of the Company's common stock (treasury shares)

3 employees15,000 shares

The lower thin line represents the existing number of shares to which these shares will be added.

¥216 per share
Total issue value

¥3,240,000

Amount of funds to be raised
Total payment amount of ¥3,240,000, estimated net proceeds Not disclosed
Total Stock-Based Compensation
Total monetary claims of ¥3,240,000
発行済株式総数

As this is a disposal of treasury shares, the total number of issued shares will not increase

As this is a disposal of treasury shares and the total number of shares issued will not increase, Not disclosed

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
Five stages from 31 July 2026 to 31 July 2031, 31 July 2036, 31 July 2041, 31 July 2046 and 31 July 2051, respectively, corresponding to 5, 10, 15, 20 and 25 years
Conditions for lifting transfer restrictions
Provided that the eligible employee remains continuously in the position of director, executive officer or employee of the Company or one of its subsidiaries throughout each transfer restriction period, all transfer restrictions on the relevant shares will be lifted on the expiration date of each period.
Reason for acquisition without consideration
At the expiration of Transfer Restriction Period E, or immediately after an eligible employee ceases to hold any position as a director, executive officer or employee of the Company or one of its subsidiaries during the transfer restriction period, the Company will acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
3 employees, totaling 15,000 shares (5,000 shares per employee)
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The transfer restriction periods will be staggered at 5, 10, 15, 20 and 25 years.
Payment date
31 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 ¥216. No discount or premium is stated.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of15,000 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥216 per share
Total issue value¥3,240,000
Amount of funds to be raisedTotal payment amount of ¥3,240,000, estimated net proceeds Not disclosed
Payment date31 July 2026
Intended allotteeName 3 employees / Number of Shares 15,000 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The transfer restriction periods will be staggered at 5, 10, 15, 20 and 25 years.
Dilution RateAs this is a disposal of treasury shares and the total number of shares issued will not increase, Not disclosed
Total number of issued sharesAs this is a disposal of treasury shares, the total number of issued shares will not increase
Basis for determining the amount to be paidThe 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 ¥216. No discount or premium is stated.
Transfer restriction periodFive stages from 31 July 2026 to 31 July 2031, 31 July 2036, 31 July 2041, 31 July 2046 and 31 July 2051, respectively, corresponding to 5, 10, 15, 20 and 25 years
Conditions for lifting transfer restrictionsProvided that the eligible employee remains continuously in the position of director, executive officer or employee of the Company or one of its subsidiaries throughout each transfer restriction period, all transfer restrictions on the relevant shares will be lifted on the expiration date of each period.
Reason for acquisition without considerationAt the expiration of Transfer Restriction Period E, or immediately after an eligible employee ceases to hold any position as a director, executive officer or employee of the Company or one of its subsidiaries during the transfer restriction period, the Company will acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered3 employees, totaling 15,000 shares (5,000 shares per employee)
Total Stock-Based CompensationTotal monetary claims of ¥3,240,000
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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 an incentive for the sustained enhancement of the corporate value of the Company's group and promote value sharing with shareholders. Transfer restrictions will also be imposed to encourage medium- to long-term and continuous employment.

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.
Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Employees | STUDIO ATAO Co.,Ltd. (3550) timely disclosure | Komori