Worth reading
49Recurring
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
4245
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much4,245Shares
4,245 shares of the Company's common stock (treasury shares)
6 executive officers who do not concurrently serve as directors, 4,245 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,305 per share
Total issue value
¥9,784,725
Amount of funds to be raised
Total amount to be paid: ¥9,784,725 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation claims: ¥9,784,725
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 8 May 2026 to 7 May 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds one of the positions of director, audit & supervisory board member or executive officer who does not concurrently serve as a director during the transfer restriction period, all transfer restrictions on the shares allotted under this plan will be lifted on the expiration date of the period. In the event of retirement or resignation due to expiration of the term of office, mandatory retirement or other legitimate reasons, some or all of the restrictions will be lifted in accordance with a prescribed calculation.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares allotted under this plan for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
6 executive officers who do not concurrently serve as directors, 4,245 shares
Intended allottee's holding policy
During the transfer restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restriction period runs from 8 May 2026 to 7 May 2056.
Payment date
8 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 22 April 2026, ¥2,305. The discount or premium rate is Not 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 | 4,245 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,305 per share |
| Total issue value | ¥9,784,725 |
| Amount of funds to be raised | Total amount to be paid: ¥9,784,725 (estimated net proceeds: Not disclosed) |
| Payment date | 8 May 2026 |
| Intended allottee | 6 executive officers who do not concurrently serve as directors, 4,245 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restriction period runs from 8 May 2026 to 7 May 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 22 April 2026, ¥2,305. The discount or premium rate is Not disclosed. |
| Transfer restriction period | From 8 May 2026 to 7 May 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the positions of director, audit & supervisory board member or executive officer who does not concurrently serve as a director during the transfer restriction period, all transfer restrictions on the shares allotted under this plan will be lifted on the expiration date of the period. In the event of retirement or resignation due to expiration of the term of office, mandatory retirement or other legitimate reasons, some or all of the restrictions will be lifted in accordance with a prescribed calculation. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares allotted under this plan for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 6 executive officers who do not concurrently serve as directors, 4,245 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥9,784,725 |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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 provide an incentive for the sustained enhancement of the Company's corporate value and promote value sharing with shareholders, as well as to secure talented personnel and enhance the motivation of the recipients.
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.