Worth reading
35Immaterial
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
11207
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much11,207Shares
11,207 shares of the Company's common stock (treasury shares)
The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors)3 / 4,477 shares
The Company's executive officers and advisers9 / 6,730 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.
¥2,170 per share
Total issue value
¥24,319,190
Total Stock-Based Compensation
Total monetary compensation receivables of ¥24,319,190 (the compensation limit for the eligible directors is up to ¥60 million per year)
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 the payment date for the allocated shares until the later of the date on which the recipient resigns or retires as a director of the Company or from another position designated by the Company's Board of Directors, or the date on which the Company's annual securities report for the fiscal year containing the payment date is filed. If the payment date falls within 6 months after the start of the Company's fiscal year, the applicable filing will be the Company's semiannual report.
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the recipient continuously holds one of the positions of director, executive officer or corporate adviser from the date of the Company's annual general meeting of shareholders immediately preceding the payment date until the conclusion of the first annual general meeting of shareholders to be held thereafter. In the event of resignation or retirement for a valid reason, or death, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without consideration
If, during the service provision period, the recipient resigns or retires from all positions as director, executive officer and corporate adviser of the Company without a valid reason. This also applies if any shares remain subject to transfer restrictions when the restrictions are lifted.
Categories and Number of Persons Covered
3 Company directors, 4,477 shares; 7 Company executive officers and 2 corporate advisers, 6,730 shares in total
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 July 2026, the business day immediately preceding the date of the Board of Directors meeting, was ¥2,170.
Procedures under the Corporate Code of Conduct
A written resolution in lieu of a resolution of the Board of Directors pursuant to Article 370 of the Companies Act and Article 27 of the Company's Articles of Incorporation
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 11,207 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,170 per share |
| Total issue value | ¥24,319,190 |
| Payment date | 21 August 2026 |
| Intended allottee | Name The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of Shares 4,477 shares, Name The Company's executive officers and advisers / Number of Employees 9 / Number of Shares 6,730 shares |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 July 2026, the business day immediately preceding the date of the Board of Directors meeting, was ¥2,170. |
| Transfer restriction period | From the payment date for the allocated shares until the later of the date on which the recipient resigns or retires as a director of the Company or from another position designated by the Company's Board of Directors, or the date on which the Company's annual securities report for the fiscal year containing the payment date is filed. If the payment date falls within 6 months after the start of the Company's fiscal year, the applicable filing will be the Company's semiannual report. |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the recipient continuously holds one of the positions of director, executive officer or corporate adviser from the date of the Company's annual general meeting of shareholders immediately preceding the payment date until the conclusion of the first annual general meeting of shareholders to be held thereafter. In the event of resignation or retirement for a valid reason, or death, the restrictions will be partially lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If, during the service provision period, the recipient resigns or retires from all positions as director, executive officer and corporate adviser of the Company without a valid reason. This also applies if any shares remain subject to transfer restrictions when the restrictions are lifted. |
| Categories and Number of Persons Covered | 3 Company directors, 4,477 shares; 7 Company executive officers and 2 corporate advisers, 6,730 shares in total |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥24,319,190 (the compensation limit for the eligible directors is up to ¥60 million per year) |
| Procedures under the Corporate Code of Conduct | A written resolution in lieu of a resolution of the Board of Directors pursuant to Article 370 of the Companies Act and Article 27 of the Company's Articles of Incorporation |
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 strengthen incentives for the sustainable enhancement of corporate value and promote the sharing of value with shareholders over the medium to long term.
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.