Worth reading
48Recurring
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
8774
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much8,774Shares
8,774 treasury shares
112 employees of the company who hold positions designated by the Board of Directors, excluding directors; 8,774 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,540 per share
Total issue value
¥13,511,960
Amount of funds to be raised
Total payment amount: ¥13,511,960; estimated net proceeds: Not disclosed (the disposal will be made through an in-kind contribution of monetary compensation receivables)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥13,511,960
Specific use of funds
Not applicable (the transaction is not intended to raise funds and will be made through an in-kind contribution of monetary compensation receivables)
発行済株式総数
No increase (disposal of treasury shares)
Not applicable (disposal of treasury shares only)
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
From 2 July 2026 through 1 July 2027
Conditions for lifting transfer restrictions
All transfer restrictions on the allocated shares will be lifted on the expiration date of the transfer restriction period, provided that the recipient has continuously remained an employee of the company throughout the transfer restriction period. In the event of retirement due to death, reaching retirement age or expiration of the employment contract, the restrictions on the number of shares corresponding to the number of months employed will be lifted on the retirement date. In the event of a corporate reorganization or similar event, the restrictions on the number of shares corresponding to the prescribed number of months will be lifted immediately before the business day preceding the effective date of the corporate reorganization or similar event.
Reason for acquisition without consideration
The company will acquire without consideration any shares not eligible for the lifting of transfer restrictions, either when the transfer restrictions are lifted or immediately after the recipient retires and ceases to be an employee of the company.
Categories and Number of Persons Covered
112 employees of the company in managerial positions, excluding directors; 8,774 shares
Intended allottee's holding policy
From 2 July 2026 through 1 July 2027, the recipients may not transfer, create security interests over or otherwise dispose of the shares. All transfer restrictions will be lifted on the expiration date of the transfer restriction period, provided that the recipient has continuously remained an employee of the company.
Payment date
2 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 21 April 2026, the business day preceding the Board of Directors' resolution date, was ¥1,540. No discount or premium rate was disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 8,774 treasury shares |
| Issue price and disposal price | ¥1,540 per share |
| Total issue value | ¥13,511,960 |
| Amount of funds to be raised | Total payment amount: ¥13,511,960; estimated net proceeds: Not disclosed (the disposal will be made through an in-kind contribution of monetary compensation receivables) |
| Specific use of funds | Not applicable (the transaction is not intended to raise funds and will be made through an in-kind contribution of monetary compensation receivables) |
| Payment date | 2 July 2026 |
| Intended allottee | 112 employees of the company who hold positions designated by the Board of Directors, excluding directors; 8,774 shares |
| Intended allottee's holding policy | From 2 July 2026 through 1 July 2027, the recipients may not transfer, create security interests over or otherwise dispose of the shares. All transfer restrictions will be lifted on the expiration date of the transfer restriction period, provided that the recipient has continuously remained an employee of the company. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Total number of issued shares | No increase (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 21 April 2026, the business day preceding the Board of Directors' resolution date, was ¥1,540. No discount or premium rate was disclosed. |
| Transfer restriction period | From 2 July 2026 through 1 July 2027 |
| Conditions for lifting transfer restrictions | All transfer restrictions on the allocated shares will be lifted on the expiration date of the transfer restriction period, provided that the recipient has continuously remained an employee of the company throughout the transfer restriction period. In the event of retirement due to death, reaching retirement age or expiration of the employment contract, the restrictions on the number of shares corresponding to the number of months employed will be lifted on the retirement date. In the event of a corporate reorganization or similar event, the restrictions on the number of shares corresponding to the prescribed number of months will be lifted immediately before the business day preceding the effective date of the corporate reorganization or similar event. |
| Reason for acquisition without consideration | The company will acquire without consideration any shares not eligible for the lifting of transfer restrictions, either when the transfer restrictions are lifted or immediately after the recipient retires and ceases to be an employee of the company. |
| Categories and Number of Persons Covered | 112 employees of the company in managerial positions, excluding directors; 8,774 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥13,511,960 |
Items this document does not state (11)
Estimated issuance expensesExercise 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 promote value sharing between employees in managerial positions who assume important responsibilities and roles in the company's sustainable growth and its shareholders, and to provide an incentive for the sustainable enhancement of corporate value.
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.