Worth reading
57In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
24700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much24,700Shares
24,700 common shares (new shares)
3 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors)7,500 shares
10 Executive Officers of the Company9,100 shares
47 employees of the Company8,100 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.
¥1,947 per share
Total issue value
¥48,090,900
Amount of funds to be raised
Total payment amount: ¥48,090,900; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥48,090,900. The total amount of compensation claims for eligible directors is capped at ¥100 million per year.
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
15 May 2026 to 14 May 2029 (3 years)
Conditions for lifting transfer restrictions
From the start date of the transfer restriction period, the recipient must continuously remain in one of the following positions with the Company through the prescribed period: director, executive officer or employee. If the recipient leaves office or retires for a valid reason, some or all of the restrictions will be lifted in proportion to the number of months of service.
Reason for acquisition without consideration
If the recipient leaves office or retires before the prescribed period, or if any shares remain subject to the transfer restrictions at the end of the transfer restriction period. Shares for which the restrictions are not lifted upon a corporate reorganization will also be subject to acquisition without consideration.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 7,500 shares, Category Executive officers / Number of Employees 10 / Number of allocated shares 9,100 shares, Category Employees / Number of Employees 47 / Number of allocated shares 8,100 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Payment date
15 May 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 April 2026, ¥1,947. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
The resolution was approved by the Board of Directors following deliberation by the Nomination and Compensation Committee and the Audit & Supervisory Committee.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 24,700 common shares (new shares) |
| Issue price and disposal price | ¥1,947 per share |
| Total issue value | ¥48,090,900 |
| Amount of funds to be raised | Total payment amount: ¥48,090,900; estimated net proceeds: Not disclosed |
| Payment date | 15 May 2026 |
| Intended allottee | Category 3 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors) / Number of Shares 7,500 shares, Category 10 Executive Officers of the Company / Number of Shares 9,100 shares, Category 47 employees of the Company / Number of Shares 8,100 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 April 2026, ¥1,947. No discount or premium rate was stated. |
| Transfer restriction period | 15 May 2026 to 14 May 2029 (3 years) |
| Conditions for lifting transfer restrictions | From the start date of the transfer restriction period, the recipient must continuously remain in one of the following positions with the Company through the prescribed period: director, executive officer or employee. If the recipient leaves office or retires for a valid reason, some or all of the restrictions will be lifted in proportion to the number of months of service. |
| Reason for acquisition without consideration | If the recipient leaves office or retires before the prescribed period, or if any shares remain subject to the transfer restrictions at the end of the transfer restriction period. Shares for which the restrictions are not lifted upon a corporate reorganization will also be subject to acquisition without consideration. |
| Categories and Number of Persons Covered | Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 7,500 shares, Category Executive officers / Number of Employees 10 / Number of allocated shares 9,100 shares, Category Employees / Number of Employees 47 / Number of allocated shares 8,100 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥48,090,900. The total amount of compensation claims for eligible directors is capped at ¥100 million per year. |
| Procedures under the Corporate Code of Conduct | The resolution was approved by the Board of Directors following deliberation by the Nomination and Compensation Committee and the Audit & Supervisory Committee. |
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 RatioMost 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.
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.