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
2256
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much2,256Shares
2,256 treasury shares
2 directors of the Company, excluding outside directors2,256 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,336 per share
Total issue value
¥3,014,016
Amount of funds to be raised
Total payment amount: ¥3,014,016; estimated net proceeds: not applicable (in-kind contribution of compensation receivables)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥3,014,016. The annual compensation limit is ¥10 million or less.
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 14 August 2026 until the later of the date on which the recipient ceases to be a director of the Company and the date on which the Annual Securities Report for the fiscal year including 14 August 2026 is filed
Conditions for lifting transfer restrictions
Subject to remaining a director continuously from the month following the month containing the annual general meeting of shareholders immediately preceding 14 August 2026 through the conclusion of the first annual general meeting of shareholders thereafter, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If a director retires for a legitimate reason or due to death, the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without consideration
The Company will acquire the shares without consideration if a director retires during the service provision period without a legitimate reason, if any shares remain subject to transfer restrictions when the restrictions are lifted, or if any shares remain subject to transfer restrictions after the restrictions have been lifted in connection with a reorganization or other similar transaction.
Categories and Number of Persons Covered
2 directors of the Company, excluding outside directors; 2,256 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, given as an inter vivos gift or otherwise disposed of, and must be held and maintained in a dedicated account until the transfer restrictions are lifted.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,336. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 2,256 treasury shares |
| Issue price and disposal price | ¥1,336 per share |
| Total issue value | ¥3,014,016 |
| Amount of funds to be raised | Total payment amount: ¥3,014,016; estimated net proceeds: not applicable (in-kind contribution of compensation receivables) |
| Payment date | 14 August 2026 |
| Intended allottee | Name 2 directors of the Company, excluding outside directors / Number of Shares 2,256 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, given as an inter vivos gift or otherwise disposed of, and must be held and maintained in a dedicated account until the transfer restrictions are lifted. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,336. No discount or premium rate was stated. |
| Transfer restriction period | From 14 August 2026 until the later of the date on which the recipient ceases to be a director of the Company and the date on which the Annual Securities Report for the fiscal year including 14 August 2026 is filed |
| Conditions for lifting transfer restrictions | Subject to remaining a director continuously from the month following the month containing the annual general meeting of shareholders immediately preceding 14 August 2026 through the conclusion of the first annual general meeting of shareholders thereafter, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If a director retires for a legitimate reason or due to death, the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | The Company will acquire the shares without consideration if a director retires during the service provision period without a legitimate reason, if any shares remain subject to transfer restrictions when the restrictions are lifted, or if any shares remain subject to transfer restrictions after the restrictions have been lifted in connection with a reorganization or other similar transaction. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding outside directors; 2,256 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥3,014,016. The annual compensation limit is ¥10 million or less. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 the eligible directors with an incentive to achieve sustained growth in corporate value and to promote value sharing 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.