Worth reading
50Recurring
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
60000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
60,000 shares of the Company's common stock (18,000 shares for 3 directors and 42,000 shares for 14 employees)
3 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors)18,000 shares
14 of the Company's employees42,000 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.
¥462 per share
Total issue value
¥27,720,000
Amount of funds to be raised
Total payment amount: ¥27,720,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥27,720,000
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
Directors: from 12 June 2026 until the date on which they lose all status as a director, executive officer or employee of the Company, or, in certain cases, until the date on which the Company's semiannual securities report for fiscal 2026 is filed. Employees: from 12 June 2026 through 11 June 2029.
Conditions for lifting transfer restrictions
Directors: continuously holding one of the positions of director, executive officer or employee of the Company from 12 June 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending January 2027. Employees: continuously holding one of the positions of director, executive officer or employee of the Company throughout the transfer restriction period. In the event of retirement due to death or another reason deemed valid by the Board of Directors, or in the event of a corporate reorganization or other similar event, a portion of the restrictions will be lifted according to the period of service and other relevant factors.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or any other time specified in the agreement, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Stock Split RatioA three-for-one stock split, to be implemented with 30 April 2026 as the record date (effective date: Not disclosed)
Categories and Number of Persons Covered
3 directors: 18,000 shares; 14 employees: 42,000 shares
Intended allottee's holding policy
For directors, transfers, the creation of security interests and other dispositions will be prohibited from 12 June 2026 until the date on which they lose all status as a director, executive officer or employee of the Company, or another specified date. For employees, these actions will be prohibited from 12 June 2026 through 11 June 2029.
Payment date
12 June 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 12 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥462. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 60,000 shares of the Company's common stock (18,000 shares for 3 directors and 42,000 shares for 14 employees) |
| Issue price and disposal price | ¥462 per share |
| Total issue value | ¥27,720,000 |
| Amount of funds to be raised | Total payment amount: ¥27,720,000; estimated net proceeds: Not disclosed |
| Payment date | 12 June 2026 |
| Intended allottee | Category 3 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors) / Number of Shares 18,000 shares, Category 14 of the Company's employees / Number of Shares 42,000 shares |
| Intended allottee's holding policy | For directors, transfers, the creation of security interests and other dispositions will be prohibited from 12 June 2026 until the date on which they lose all status as a director, executive officer or employee of the Company, or another specified date. For employees, these actions will be prohibited from 12 June 2026 through 11 June 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 12 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥462. No discount or premium applies. |
| Transfer restriction period | Directors: from 12 June 2026 until the date on which they lose all status as a director, executive officer or employee of the Company, or, in certain cases, until the date on which the Company's semiannual securities report for fiscal 2026 is filed. Employees: from 12 June 2026 through 11 June 2029. |
| Conditions for lifting transfer restrictions | Directors: continuously holding one of the positions of director, executive officer or employee of the Company from 12 June 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending January 2027. Employees: continuously holding one of the positions of director, executive officer or employee of the Company throughout the transfer restriction period. In the event of retirement due to death or another reason deemed valid by the Board of Directors, or in the event of a corporate reorganization or other similar event, a portion of the restrictions will be lifted according to the period of service and other relevant factors. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or any other time specified in the agreement, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 3 directors: 18,000 shares; 14 employees: 42,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥27,720,000 |
| Stock Split Ratio | A three-for-one stock split, to be implemented with 30 April 2026 as the record date (effective date: Not disclosed) |
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 underwriterOverallotmentProcedures 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 directors with an incentive to achieve sustained increases in corporate value and promote value sharing with shareholders. The Company has also introduced a similar restricted stock grant program for employees.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.