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
8400
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much8,400Shares
8,400 common shares (treasury shares)
4 directors (excluding outside directors)5,100 shares
6 executive officers who are not directors3,300 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.
¥1,775 per share
Total issue value
¥14,910,000
Amount of funds to be raised
Total amount to be paid: ¥14,910,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥14,910,000
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 (the payment date) until the date on which they cease to be either a director or an executive officer of the Company.
Conditions for lifting transfer restrictions
The recipient must remain a director or executive officer of the Company throughout the service provision period, from the date of the annual general meeting of shareholders immediately preceding the date of the Board of Directors' resolution relating to this disposal of treasury shares through the date of the following annual general meeting of shareholders. If the recipient ceases to hold office due to death, expiration of the term of office or another reason deemed justified by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months served.
Reason for acquisition without consideration
At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,100 shares, Category Executive officers who are not directors / Number of Employees 6 / Number of allocated shares 3,300 shares
Intended allottee's holding policy
From 24 July 2026 until the date on which they cease to be either a director or an executive officer of the Company, the recipients may not transfer, create security interests over or otherwise dispose of the shares.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,775. No discount or premium rate was stated.
Most recent equity financing
24 May 2019: Resolution to introduce a restricted stock compensation plan. Monetary compensation claims of up to ¥60,000,000 per year (as stated in the description 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 | 8,400 common shares (treasury shares) |
| Issue price and disposal price | ¥1,775 per share |
| Total issue value | ¥14,910,000 |
| Amount of funds to be raised | Total amount to be paid: ¥14,910,000; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 5,100 shares, Category 6 executive officers who are not directors / Number of Shares 3,300 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which they cease to be either a director or an executive officer of the Company, the recipients may not transfer, create security interests over or otherwise dispose of the shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,775. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 (the payment date) until the date on which they cease to be either a director or an executive officer of the Company. |
| Conditions for lifting transfer restrictions | The recipient must remain a director or executive officer of the Company throughout the service provision period, from the date of the annual general meeting of shareholders immediately preceding the date of the Board of Directors' resolution relating to this disposal of treasury shares through the date of the following annual general meeting of shareholders. If the recipient ceases to hold office due to death, expiration of the term of office or another reason deemed justified by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months served. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,100 shares, Category Executive officers who are not directors / Number of Employees 6 / Number of allocated shares 3,300 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥14,910,000 |
| Most recent equity financing | 24 May 2019: Resolution to introduce a restricted stock compensation plan. Monetary compensation claims of up to ¥60,000,000 per year (as stated in the description of the plan) |
Items this document does not state (13)
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 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 the eligible officers with an incentive to achieve sustainable growth in corporate value and to promote the sharing of value 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.