Worth reading
38Recurring
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
7510
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much7,510Shares
7,510 common shares of the Company (treasury shares)
4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors7,510 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,687 per share
Total issue value
¥12,669,370
Total Stock-Based Compensation
Total cash compensation receivables of ¥12,669,370 (the annual limit under the plan is ¥60 million)
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
3 years from 24 July 2026
Conditions for lifting transfer restrictions
Provided that the recipient remains a director of the Company throughout the transfer restriction period, all transfer restrictions on the allocated shares will be lifted upon expiration of the transfer restriction period. In the event of a corporate reorganization or other similar event, the restrictions may be lifted by resolution of the Board of Directors before the effective date.
Reason for acquisition without consideration
If the recipient falls under any circumstance that the Board of Directors determines warrants the Company acquiring the shares without consideration due to a violation of laws or regulations, internal rules or the allocation agreement, or for any other reason.
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 7,510 shares
Payment date
24 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 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,687. No discount or premium applies.
Procedures under the Corporate Code of Conduct
At the 38th Annual General Meeting of Shareholders held on 24 June 2022, approval was obtained for the maximum number of shares and total amount of cash compensation receivables under this plan, among 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 | 7,510 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,687 per share |
| Total issue value | ¥12,669,370 |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors / Number of Shares 7,510 shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,687. No discount or premium applies. |
| Transfer restriction period | 3 years from 24 July 2026 |
| Conditions for lifting transfer restrictions | Provided that the recipient remains a director of the Company throughout the transfer restriction period, all transfer restrictions on the allocated shares will be lifted upon expiration of the transfer restriction period. In the event of a corporate reorganization or other similar event, the restrictions may be lifted by resolution of the Board of Directors before the effective date. |
| Reason for acquisition without consideration | If the recipient falls under any circumstance that the Board of Directors determines warrants the Company acquiring the shares without consideration due to a violation of laws or regulations, internal rules or the allocation agreement, or for any other reason. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 7,510 shares |
| Total Stock-Based Compensation | Total cash compensation receivables of ¥12,669,370 (the annual limit under the plan is ¥60 million) |
| Procedures under the Corporate Code of Conduct | At the 38th Annual General Meeting of Shareholders held on 24 June 2022, approval was obtained for the maximum number of shares and total amount of cash compensation receivables under this plan, among other matters. |
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution 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 provide an incentive for further improvement in performance and promote greater 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.