Worth reading
52Recurring
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
51840
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock
Who receives how much51,840Shares
51,840 ordinary shares (new shares)
108 employees, 51,840 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥359 per share
Total issue value
¥18,610,560
Amount of funds to be raised
Total amount paid: ¥18,610,560; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥18,610,560
発行済株式総数
0.9% (as a percentage of the total number of issued shares as of 28 February 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
8 May 2026 to 7 April 2028
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds one of the following positions throughout the transfer restriction period: director, audit & supervisory board member, executive officer or employee of the Company, all transfer restrictions on the allocated shares will be lifted on the expiration date of the transfer restriction period. If the recipient loses such position due to the expiration of the employment term, death or any other reason deemed legitimate by the Company's Board of Directors, some or all of the transfer restrictions will be lifted according to the prescribed calculation method.
Reason for acquisition without consideration
At the expiration of the transfer restriction period, or immediately after an eligible employee loses any position as a director, audit & supervisory board member, executive officer or employee of the Company during the period, the Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted.
Offering structure
Underwriter / lead underwriter
Daiwa Securities Co., Ltd. (listed as the manager of the dedicated accounts for the restricted stock)
Categories and Number of Persons Covered
108 employees, 51,840 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account until 7 April 2028. If the applicable conditions, including continued employment, are met, all transfer restrictions will be lifted on the expiration date of the transfer restriction period.
Payment date
8 May 2026
Basis for determining the amount to be paid
¥359, the simple average closing price of the Company's ordinary shares on the Tokyo Stock Exchange during the most recent 1-month period from 10 March 2026 to 9 April 2026, rounded down to the nearest yen. Discount rate/premium rate: Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock |
| Number of shares to be issued or disposed of | 51,840 ordinary shares (new shares) |
| Issue price and disposal price | ¥359 per share |
| Total issue value | ¥18,610,560 |
| Amount of funds to be raised | Total amount paid: ¥18,610,560; estimated net proceeds: Not disclosed |
| Payment date | 8 May 2026 |
| Intended allottee | 108 employees, 51,840 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account until 7 April 2028. If the applicable conditions, including continued employment, are met, all transfer restrictions will be lifted on the expiration date of the transfer restriction period. |
| Dilution Rate | 0.9% (as a percentage of the total number of issued shares as of 28 February 2026) |
| Basis for determining the amount to be paid | ¥359, the simple average closing price of the Company's ordinary shares on the Tokyo Stock Exchange during the most recent 1-month period from 10 March 2026 to 9 April 2026, rounded down to the nearest yen. Discount rate/premium rate: Not disclosed. |
| Transfer restriction period | 8 May 2026 to 7 April 2028 |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the following positions throughout the transfer restriction period: director, audit & supervisory board member, executive officer or employee of the Company, all transfer restrictions on the allocated shares will be lifted on the expiration date of the transfer restriction period. If the recipient loses such position due to the expiration of the employment term, death or any other reason deemed legitimate by the Company's Board of Directors, some or all of the transfer restrictions will be lifted according to the prescribed calculation method. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period, or immediately after an eligible employee loses any position as a director, audit & supervisory board member, executive officer or employee of the Company during the period, the Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 108 employees, 51,840 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥18,610,560 |
| Underwriter / lead underwriter | Daiwa Securities Co., Ltd. (listed as the manager of the dedicated accounts for the restricted stock) |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsOverallotmentStock 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 employees with an incentive to achieve sustainable growth in corporate value and promote the sharing of value with shareholders. A transfer restriction period of approximately 2 years has been established to encourage medium- to long-term and continuous employment.
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.