Worth reading
42Recurring
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
8500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much8,500Shares
8,500 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding outside directors)3 / 5,800 shares
The Company's executive officers who do not concurrently serve as directors3 / 2,700 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.
¥2,531 per share
Total issue value
¥21,513,500
Amount of funds to be raised
Total payment amount: ¥21,513,500; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims granted to the recipients)
Total Stock-Based Compensation
Total monetary claims: ¥21,513,500. The annual compensation limit for eligible directors is ¥50 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
From 23 July 2026 until immediately after the recipient ceases to hold either the position of director or the position of executive officer who does not concurrently serve as a director
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the recipient continuously holds the relevant position from the date on which the recipient begins performing duties until immediately before the conclusion of the first annual general meeting of shareholders thereafter. If the recipient leaves office upon expiration of the term or for another legitimate reason, the restrictions will be lifted immediately after departure for the number of shares corresponding to the recipient's months in office.
Reason for acquisition without consideration
If, during the transfer restriction period, the recipient engages in a violation of laws or regulations or otherwise falls under certain circumstances specified in the allotment agreement; if any shares remain subject to the transfer restrictions; or if the transfer restrictions are not lifted in connection with a corporate reorganization or other similar event.
Offering structure
Underwriter / lead underwriter
Not applicable (Nomura Securities Co., Ltd. is involved in managing the dedicated accounts)
Categories and Number of Persons Covered
The Company's directors (excluding outside directors): 3 people, 5,800 shares; the Company's executive officers who do not concurrently serve as directors: 3 people, 2,700 shares
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, the creation of security interests and all other dispositions are prohibited. The shares will be managed in a dedicated account.
Payment date
23 July 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 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,531. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
The matter was submitted to the Nomination and Compensation Committee for consultation.
Impact on Business Performance
No impact on results is 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 | 8,500 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,531 per share |
| Total issue value | ¥21,513,500 |
| Amount of funds to be raised | Total payment amount: ¥21,513,500; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims granted to the recipients) |
| Payment date | 23 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 5,800 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 3 / Number of Shares 2,700 shares |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, the creation of security interests and all other dispositions are prohibited. The shares will be managed in a dedicated account. |
| 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 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,531. No discount or premium rate is stated. |
| Transfer restriction period | From 23 July 2026 until immediately after the recipient ceases to hold either the position of director or the position of executive officer who does not concurrently serve as a director |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the recipient continuously holds the relevant position from the date on which the recipient begins performing duties until immediately before the conclusion of the first annual general meeting of shareholders thereafter. If the recipient leaves office upon expiration of the term or for another legitimate reason, the restrictions will be lifted immediately after departure for the number of shares corresponding to the recipient's months in office. |
| Reason for acquisition without consideration | If, during the transfer restriction period, the recipient engages in a violation of laws or regulations or otherwise falls under certain circumstances specified in the allotment agreement; if any shares remain subject to the transfer restrictions; or if the transfer restrictions are not lifted in connection with a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | The Company's directors (excluding outside directors): 3 people, 5,800 shares; the Company's executive officers who do not concurrently serve as directors: 3 people, 2,700 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥21,513,500. The annual compensation limit for eligible directors is ¥50 million. |
| Underwriter / lead underwriter | Not applicable (Nomura Securities Co., Ltd. is involved in managing the dedicated accounts) |
| Procedures under the Corporate Code of Conduct | The matter was submitted to the Nomination and Compensation Committee for consultation. |
| Impact on Business Performance | No impact on results is stated |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsOverallotmentStock 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 deepen value sharing with shareholders, provide incentives for improving corporate value over the medium to long term, and further enhance the motivation of the eligible directors and other 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.