Worth reading
62In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
930
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much930Shares
930 common shares
1 director of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors292 shares
3 executive officers who do not concurrently serve as directors of the Company638 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.
¥2,960 per share
Total issue value
¥2,752,800
Total Stock-Based Compensation
Total monetary compensation receivables of ¥2,752,800 (the annual upper limit on total compensation for eligible directors is ¥100 million)
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
17 July 2026 to 16 July 2036 (10 years)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the restriction period, provided that the eligible directors and other recipients have continuously remained in any of the following positions with the Company or one of its subsidiaries during the restriction period: director, executive officer who does not concurrently serve as a director, Audit & Supervisory Board member, adviser, counselor, employee, or any equivalent position. In the event of retirement or resignation due to expiration of the term of office, reaching the mandatory retirement age, or another legitimate reason, the restrictions on the number of shares corresponding to the number of months of service will be lifted immediately after the retirement or resignation.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the expiration of the transfer restriction period or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares remaining subject to transfer restrictions after the restrictions are lifted.
Categories and Number of Persons Covered
1 director, excluding directors who are Audit and Supervisory Committee members and outside directors, and 292 shares; 3 executive officers who do not concurrently serve as directors, and 638 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged, or otherwise disposed of in any way. The transfer restriction period runs from 17 July 2026 to 16 July 2036.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 18 June 2026, ¥2,960. No discount or premium rate is stated.
Impact on Business Performance
This disclosure contains no information regarding the impact on business performance.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 930 common shares |
| Issue price and disposal price | ¥2,960 per share |
| Total issue value | ¥2,752,800 |
| Payment date | 17 July 2026 |
| Intended allottee | Name 1 director of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors / Number of Shares 292 shares, Name 3 executive officers who do not concurrently serve as directors of the Company / Number of Shares 638 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, or otherwise disposed of in any way. The transfer restriction period runs from 17 July 2026 to 16 July 2036. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 18 June 2026, ¥2,960. No discount or premium rate is stated. |
| Transfer restriction period | 17 July 2026 to 16 July 2036 (10 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the restriction period, provided that the eligible directors and other recipients have continuously remained in any of the following positions with the Company or one of its subsidiaries during the restriction period: director, executive officer who does not concurrently serve as a director, Audit & Supervisory Board member, adviser, counselor, employee, or any equivalent position. In the event of retirement or resignation due to expiration of the term of office, reaching the mandatory retirement age, or another legitimate reason, the restrictions on the number of shares corresponding to the number of months of service will be lifted immediately after the retirement or resignation. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the expiration of the transfer restriction period or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares remaining subject to transfer restrictions after the restrictions are lifted. |
| Categories and Number of Persons Covered | 1 director, excluding directors who are Audit and Supervisory Committee members and outside directors, and 292 shares; 3 executive officers who do not concurrently serve as directors, and 638 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥2,752,800 (the annual upper limit on total compensation for eligible directors is ¥100 million) |
| Impact on Business Performance | This disclosure contains no information regarding the impact on business performance. |
Items this document does not state (14)
Amount of funds to be raisedEstimated 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 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 provide the eligible directors and others with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The arrangement is also intended to further enhance the motivation of each eligible director and others.
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.