Worth reading
54Recurring
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
6955
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,955Shares
6,955 common shares of the Company (treasury shares)
4 directors (excluding outside directors)6,955 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,845 per share
Total issue value
¥26,741,975
Amount of funds to be raised
The total monetary compensation receivable of ¥26,741,975 will be contributed in kind, and the estimated net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivable of ¥26,741,975
発行済株式総数
0.018％
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 24 July 2026 until the date on which neither the recipient is a director nor an executive officer of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of director or executive officer of the Company throughout the service provision period. In the event of retirement due to death or another reason deemed legitimate by the Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
At the end of the restricted period, the company will acquire without consideration any of the allocated shares for which the restrictions have not been lifted.
Stock Split RatioA 1-for-3 stock split, effective 1 January 2024
Categories and Number of Persons Covered
4 directors (excluding outside directors), 6,955 shares
Intended allottee's holding policy
The shares may not be transferred, pledged, or otherwise disposed of from 24 July 2026 until the date on which neither the recipient is a director nor an executive officer of the Company.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,845. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
The Company's shareholders approved the plan and the related compensation limits at the 110th Annual General Meeting of Shareholders held on 27 June 2023.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,955 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥3,845 per share |
| Total issue value | ¥26,741,975 |
| Amount of funds to be raised | The total monetary compensation receivable of ¥26,741,975 will be contributed in kind, and the estimated net proceeds are Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 6,955 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of from 24 July 2026 until the date on which neither the recipient is a director nor an executive officer of the Company. |
| Dilution Rate | 0.018％ |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,845. No discount or premium was applied. |
| Transfer restriction period | From 24 July 2026 until the date on which neither the recipient is a director nor an executive officer of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director or executive officer of the Company throughout the service provision period. In the event of retirement due to death or another reason deemed legitimate by the Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | At the end of the restricted period, the company will acquire without consideration any of the allocated shares for which the restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors), 6,955 shares |
| Total Stock-Based Compensation | Total monetary compensation receivable of ¥26,741,975 |
| Stock Split Ratio | A 1-for-3 stock split, effective 1 January 2024 |
| Procedures under the Corporate Code of Conduct | The Company's shareholders approved the plan and the related compensation limits at the 110th Annual General Meeting of Shareholders held on 27 June 2023. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentMost 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 directors with an incentive to pursue sustained growth in corporate value and promote value sharing with shareholders. The decision also took into account the purpose of the plan, the scope of responsibilities of each eligible officer and other relevant circumstances.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.