Worth reading
39Recurring
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
65787
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much65,787Shares
65,787 of our common shares (treasury shares)
3 of our executive directors (excluding outside directors): 65,787 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥456 per share
Total issue value
¥29,998,872
Total Stock-Based Compensation
Up to ¥60 million per year (total compensation under this plan; excluding salaries for employee duties)
Specific use of funds
not disclosed (no fund-raising involved)
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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
19 November 2026–18 November 2076 (50 years)
Conditions for lifting transfer restrictions
The restrictions will be fully lifted at the end of the period, provided that the relevant director has continuously held a prescribed position at our company or one of our subsidiaries during the restriction period. In the event of departure or retirement due to the expiration of the term of office, mandatory retirement or another legitimate reason, the restrictions on the number of shares corresponding to the period of service will be lifted immediately after the departure or retirement.
Reason for acquisition without consideration
If the relevant director engages in a violation of laws or regulations or another event specified in the allocation agreement during the restriction period, if there are shares whose restrictions are not lifted, or if there are shares whose restrictions are not lifted in connection with a corporate reorganization.
Categories and Number of Persons Covered
3 of our executive directors (excluding outside directors): 65,787 shares
Intended allottee's holding policy
During the restriction period, transfers to third parties, creation of security interests and all other dispositions are prohibited. The restriction period runs from 19 November 2026 through 18 November 2076.
Basis for determining the amount to be paid
The closing price of our common shares on the Tokyo Stock Exchange's Prime Market on 19 October 2026 was ¥456. No discount or premium rate was disclosed.
Procedures under the Corporate Code of Conduct
The matter was referred to the Nomination and Compensation Advisory Committee. Approval was obtained at the 26th Annual General Meeting of Shareholders held on 27 September 2025 for the total compensation, number of shares, restriction period and other matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 65,787 of our common shares (treasury shares) |
| Issue price and disposal price | ¥456 per share |
| Total issue value | ¥29,998,872 |
| Specific use of funds | not disclosed (no fund-raising involved) |
| Intended allottee | 3 of our executive directors (excluding outside directors): 65,787 shares |
| Intended allottee's holding policy | During the restriction period, transfers to third parties, creation of security interests and all other dispositions are prohibited. The restriction period runs from 19 November 2026 through 18 November 2076. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of our common shares on the Tokyo Stock Exchange's Prime Market on 19 October 2026 was ¥456. No discount or premium rate was disclosed. |
| Transfer restriction period | 19 November 2026–18 November 2076 (50 years) |
| Conditions for lifting transfer restrictions | The restrictions will be fully lifted at the end of the period, provided that the relevant director has continuously held a prescribed position at our company or one of our subsidiaries during the restriction period. In the event of departure or retirement due to the expiration of the term of office, mandatory retirement or another legitimate reason, the restrictions on the number of shares corresponding to the period of service will be lifted immediately after the departure or retirement. |
| Reason for acquisition without consideration | If the relevant director engages in a violation of laws or regulations or another event specified in the allocation agreement during the restriction period, if there are shares whose restrictions are not lifted, or if there are shares whose restrictions are not lifted in connection with a corporate reorganization. |
| Categories and Number of Persons Covered | 3 of our executive directors (excluding outside directors): 65,787 shares |
| Total Stock-Based Compensation | Up to ¥60 million per year (total compensation under this plan; excluding salaries for employee duties) |
| Procedures under the Corporate Code of Conduct | The matter was referred to the Nomination and Compensation Advisory Committee. Approval was obtained at the 26th Annual General Meeting of Shareholders held on 27 September 2025 for the total compensation, number of shares, restriction period and other matters. |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesPayment dateDilution 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 the eligible directors with an incentive to sustainably enhance corporate value and promote value sharing with shareholders. The purpose is also to further increase 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.