Worth reading
51Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
5450
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock
Who receives how much5,450Shares
5,450 common shares (new shares)
6 directors of the Company, excluding directors who are Audit and Supervisory Committee members1,696 shares
56 employees of the company2,315 shares
2 directors of subsidiaries of the Company522 shares
22 employees of the company's subsidiaries917 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.
¥2,297 per share
Total issue value
¥12,518,650
Amount of funds to be raised
not disclosed (issuance through an in-kind contribution of monetary compensation receivables or monetary receivables under the incentive plan)
Total Stock-Based Compensation
not disclosed (no breakdown of the monetary compensation receivables or monetary receivables is provided)
Specific use of funds
not disclosed (as the shares are issued through an in-kind contribution of compensation receivables, no specific use of funds is ordinarily stated)
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 11 May 2026, the payment date, until the date on which the holder ceases to hold any position as a director of the company or its subsidiaries (for eligible directors). The period is broadly similar for employees.
Conditions for lifting transfer restrictions
The eligible director must continuously hold a position as a director of either the company or one of its subsidiaries from 11 May 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending December 2026. If the director ceases to hold the position due to death or any other reason that the Board of Directors considers justified, all restrictions will also be lifted. In the event of a corporate reorganization or similar transaction, all restrictions will be lifted immediately before the business day preceding the effective date.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares for which the restrictions have not been lifted upon expiry of the restricted period or at any other time specified in the agreement.
Categories and Number of Persons Covered
6 directors of the company and 1,696 shares; 56 employees of the company and 2,315 shares; 2 directors of the company's subsidiaries and 522 shares; and 22 employees of the company's subsidiaries and 917 shares (excluding directors who are Audit and Supervisory Committee members)
Intended allottee's holding policy
Transfers, the creation of security interests and other dispositions will be prohibited from 11 May 2026 until the date on which the holder ceases to hold any position as a director of the company or its subsidiaries. The agreements with employees are broadly similar.
Payment date
11 May 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on 15 April 2026, ¥2,297. No discount or premium is stated.
Most recent equity financing
14 February 2023: Introduction of a restricted stock compensation plan (this plan)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock |
| Number of shares to be issued or disposed of | 5,450 common shares (new shares) |
| Issue price and disposal price | ¥2,297 per share |
| Total issue value | ¥12,518,650 |
| Amount of funds to be raised | not disclosed (issuance through an in-kind contribution of monetary compensation receivables or monetary receivables under the incentive plan) |
| Specific use of funds | not disclosed (as the shares are issued through an in-kind contribution of compensation receivables, no specific use of funds is ordinarily stated) |
| Payment date | 11 May 2026 |
| Intended allottee | Name 6 directors of the Company, excluding directors who are Audit and Supervisory Committee members / Number of Shares 1,696 shares, Name 56 employees of the company / Number of Shares 2,315 shares, Name 2 directors of subsidiaries of the Company / Number of Shares 522 shares, Name 22 employees of the company's subsidiaries / Number of Shares 917 shares |
| Intended allottee's holding policy | Transfers, the creation of security interests and other dispositions will be prohibited from 11 May 2026 until the date on which the holder ceases to hold any position as a director of the company or its subsidiaries. The agreements with employees are broadly similar. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 15 April 2026, ¥2,297. No discount or premium is stated. |
| Transfer restriction period | From 11 May 2026, the payment date, until the date on which the holder ceases to hold any position as a director of the company or its subsidiaries (for eligible directors). The period is broadly similar for employees. |
| Conditions for lifting transfer restrictions | The eligible director must continuously hold a position as a director of either the company or one of its subsidiaries from 11 May 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending December 2026. If the director ceases to hold the position due to death or any other reason that the Board of Directors considers justified, all restrictions will also be lifted. In the event of a corporate reorganization or similar transaction, all restrictions will be lifted immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the restrictions have not been lifted upon expiry of the restricted period or at any other time specified in the agreement. |
| Categories and Number of Persons Covered | 6 directors of the company and 1,696 shares; 56 employees of the company and 2,315 shares; 2 directors of the company's subsidiaries and 522 shares; and 22 employees of the company's subsidiaries and 917 shares (excluding directors who are Audit and Supervisory Committee members) |
| Total Stock-Based Compensation | not disclosed (no breakdown of the monetary compensation receivables or monetary receivables is provided) |
| Most recent equity financing | 14 February 2023: Introduction of a restricted stock compensation plan (this plan) |
Items this document does not state (12)
Estimated issuance expensesDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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 incentives to the officers and employees of the company and its subsidiaries, achieve sustained improvement in corporate and shareholder value over the medium to long term, and promote value sharing 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.