Worth reading
48Recurring
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
66015
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much66,015Shares
66,015 treasury shares
4 of the Company's directors, excluding outside directors66,015 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,040 per share
Total issue value
¥68,655,600
Amount of funds to be raised
Total payment amount: ¥68,655,600; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥68,655,600. The compensation limit under the scheme is ¥100,000 thousand per year.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 21 August 2026, the allotment date, until the recipients retire from their positions as directors of the Company
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted when the eligible directors retire from their positions as directors of the Company. However, the number of shares to be released and the timing of their release may be reasonably adjusted as necessary depending on when the restriction period expires. In the event of a corporate reorganization or similar transaction, the Company may release a reasonably determined number of shares before the effective date.
Reason for acquisition without consideration
If any shares remain subject to transfer restrictions when an eligible director retires from the position, the Company will acquire those shares without consideration. In the event of a corporate reorganization or similar transaction, the Company will likewise acquire without consideration any shares that remain subject to transfer restrictions after the restrictions have been lifted.
Categories and Number of Persons Covered
4 directors of the Company, excluding outside directors; 66,015 shares
Intended allottee's holding policy
The shares may not be transferred until the recipients retire from their positions as directors of the Company. During the transfer restriction period, any transfer, creation of a pledge or security interest by way of transfer security, inter vivos gift, bequest or other disposition is prohibited.
Payment date
21 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 22 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,040. No discount or premium rate is stated.
Impact on Business Performance
No impact on financial results from this disposal of treasury shares 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 | 66,015 treasury shares |
| Issue price and disposal price | ¥1,040 per share |
| Total issue value | ¥68,655,600 |
| Amount of funds to be raised | Total payment amount: ¥68,655,600; estimated net proceeds: Not disclosed |
| Payment date | 21 August 2026 |
| Intended allottee | Name 4 of the Company's directors, excluding outside directors / Number of Shares 66,015 shares |
| Intended allottee's holding policy | The shares may not be transferred until the recipients retire from their positions as directors of the Company. During the transfer restriction period, any transfer, creation of a pledge or security interest by way of transfer security, inter vivos gift, bequest or other disposition is prohibited. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,040. No discount or premium rate is stated. |
| Transfer restriction period | From 21 August 2026, the allotment date, until the recipients retire from their positions as directors of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted when the eligible directors retire from their positions as directors of the Company. However, the number of shares to be released and the timing of their release may be reasonably adjusted as necessary depending on when the restriction period expires. In the event of a corporate reorganization or similar transaction, the Company may release a reasonably determined number of shares before the effective date. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions when an eligible director retires from the position, the Company will acquire those shares without consideration. In the event of a corporate reorganization or similar transaction, the Company will likewise acquire without consideration any shares that remain subject to transfer restrictions after the restrictions have been lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding outside directors; 66,015 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥68,655,600. The compensation limit under the scheme is ¥100,000 thousand per year. |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
Items this document does not state (12)
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 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 provide the eligible directors with an incentive to achieve sustained growth in the Company's corporate value and to further align their interests with those of 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.