Worth reading
43Recurring
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
4208
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much4,208Shares
4,208 treasury shares
2 Directors of the Company (excluding Directors who are Audit and Supervisory Committee Members and Outside Directors)3,419 shares
1 of the Company's executive officers789 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.
¥2,851 per share
Total issue value
¥11,997,008
Amount of funds to be raised
Total payment amount: ¥11,997,008. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥11,997,008. The annual compensation limit for the applicable directors is ¥150 million.
発行済株式総数
0.002% (against 229,755,057 issued shares as of 31 March 2026)
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 November 2026 through 1 November 2056 (30 years)
Conditions for lifting transfer restrictions
All shares held will be released from the transfer restrictions upon expiration of the period, provided that the holder remains in one of the applicable positions continuously through the date of the first annual general meeting of shareholders held after 2 November 2026. If the holder leaves office or employment upon expiration of the term of office, reaching the retirement age, death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the number of months in office. In the event of a corporate reorganisation or similar event, the restrictions will also be lifted for the number of shares prescribed according to the applicable number of months.
Reason for acquisition without consideration
If the holder leaves the applicable position or employment without legitimate reason by the day before the first annual general meeting of shareholders held after the start of the restricted transfer period. If any shares remain subject to transfer restrictions at the expiration of the period. If the holder leaves office or employment in connection with a corporate reorganisation or similar event and any shares remain subject to transfer restrictions.
Categories and Number of Persons Covered
2 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors, 3,419 shares; 1 executive officer of the Company, 789 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. They will be held and maintained in an account designated by SMBC Nikko Securities until the transfer restrictions are lifted.
Payment date
2 November 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 7 October 2026 was ¥2,851. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
Approval has been obtained at the annual general meeting of shareholders held on 26 June 2019 and the extraordinary general meeting of shareholders held on 22 September 2026 for the restricted stock compensation plan, the compensation limits and related matters.
Impact on Business Performance
The dilution resulting from this disposal of treasury shares is immaterial and is considered reasonable in light of the purpose of the plan.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 4,208 treasury shares |
| Issue price and disposal price | ¥2,851 per share |
| Total issue value | ¥11,997,008 |
| Amount of funds to be raised | Total payment amount: ¥11,997,008. Estimated net proceeds: Not disclosed |
| Payment date | 2 November 2026 |
| Intended allottee | Name 2 Directors of the Company (excluding Directors who are Audit and Supervisory Committee Members and Outside Directors) / Number of Shares 3,419 shares, Name 1 of the Company's executive officers / Number of Shares 789 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. They will be held and maintained in an account designated by SMBC Nikko Securities until the transfer restrictions are lifted. |
| Dilution Rate | 0.002% (against 229,755,057 issued shares as of 31 March 2026) |
| Total number of issued shares | 229,755,057 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 7 October 2026 was ¥2,851. No discount or premium rate was stated. |
| Transfer restriction period | From 2 November 2026 through 1 November 2056 (30 years) |
| Conditions for lifting transfer restrictions | All shares held will be released from the transfer restrictions upon expiration of the period, provided that the holder remains in one of the applicable positions continuously through the date of the first annual general meeting of shareholders held after 2 November 2026. If the holder leaves office or employment upon expiration of the term of office, reaching the retirement age, death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the number of months in office. In the event of a corporate reorganisation or similar event, the restrictions will also be lifted for the number of shares prescribed according to the applicable number of months. |
| Reason for acquisition without consideration | If the holder leaves the applicable position or employment without legitimate reason by the day before the first annual general meeting of shareholders held after the start of the restricted transfer period. If any shares remain subject to transfer restrictions at the expiration of the period. If the holder leaves office or employment in connection with a corporate reorganisation or similar event and any shares remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors, 3,419 shares; 1 executive officer of the Company, 789 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥11,997,008. The annual compensation limit for the applicable directors is ¥150 million. |
| Procedures under the Corporate Code of Conduct | Approval has been obtained at the annual general meeting of shareholders held on 26 June 2019 and the extraordinary general meeting of shareholders held on 22 September 2026 for the restricted stock compensation plan, the compensation limits and related matters. |
| Impact on Business Performance | The dilution resulting from this disposal of treasury shares is immaterial and is considered reasonable in light of the purpose of the plan. |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and 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.