Worth reading
57In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
72000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much
New shares 72,000 shares
3 directors, excluding directors serving as Audit and Supervisory Committee members and outside directors28,500 shares
10 executive officers43,500 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.
¥329 per share
Total issue value
¥23,688,000
Amount of funds to be raised
Total amount paid in: ¥23,688,000 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary remuneration claims of ¥23,688,000. The total amount of monetary remuneration claims for eligible directors is limited to ¥30 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
From the payment date until the eligible officer leaves both the position of director and the position of executive officer of the Company
Conditions for lifting transfer restrictions
Provided that the eligible officer continuously holds either the position of director or executive officer of the Company throughout the restriction period, all of the shares will be released from the transfer restrictions upon expiry of the restriction period. In the event of death or early departure for a valid reason, part of the restrictions will be released based on the number of months in office.
Reason for acquisition without consideration
If an eligible officer leaves office or employment for reasons other than death, expiration of the term of office, retirement age or another valid reason, the Company will acquire all of the shares without consideration. In the event of early departure for a valid reason, the Company will acquire without consideration the shares that remain subject to transfer restrictions. In the event of a corporate reorganization or other similar event, the Company will also acquire without consideration the shares that remain subject to transfer restrictions. Other circumstances are stipulated in the allocation agreement.
Categories and Number of Persons Covered
3 directors (excluding directors serving as Audit and Supervisory Committee members and outside directors), 28,500 shares; 10 executive officers, 43,500 shares
Intended allottee's holding policy
The shares will be subject to transfer restrictions until the eligible officer leaves office or employment. During the restriction period, the shares may not be transferred, pledged or otherwise disposed of.
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 Prime Market on 16 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥329. No discount or premium rate has been disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | New shares 72,000 shares |
| Issue price and disposal price | ¥329 per share |
| Total issue value | ¥23,688,000 |
| Amount of funds to be raised | Total amount paid in: ¥23,688,000 (estimated net proceeds: Not disclosed) |
| Payment date | 15 May 2026 |
| Intended allottee | Category 3 directors, excluding directors serving as Audit and Supervisory Committee members and outside directors / Number of Shares 28,500 shares, Category 10 executive officers / Number of Shares 43,500 shares |
| Intended allottee's holding policy | The shares will be subject to transfer restrictions until the eligible officer leaves office or employment. During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 16 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥329. No discount or premium rate has been disclosed. |
| Transfer restriction period | From the payment date until the eligible officer leaves both the position of director and the position of executive officer of the Company |
| Conditions for lifting transfer restrictions | Provided that the eligible officer continuously holds either the position of director or executive officer of the Company throughout the restriction period, all of the shares will be released from the transfer restrictions upon expiry of the restriction period. In the event of death or early departure for a valid reason, part of the restrictions will be released based on the number of months in office. |
| Reason for acquisition without consideration | If an eligible officer leaves office or employment for reasons other than death, expiration of the term of office, retirement age or another valid reason, the Company will acquire all of the shares without consideration. In the event of early departure for a valid reason, the Company will acquire without consideration the shares that remain subject to transfer restrictions. In the event of a corporate reorganization or other similar event, the Company will also acquire without consideration the shares that remain subject to transfer restrictions. Other circumstances are stipulated in the allocation agreement. |
| Categories and Number of Persons Covered | 3 directors (excluding directors serving as Audit and Supervisory Committee members and outside directors), 28,500 shares; 10 executive officers, 43,500 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims of ¥23,688,000. The total amount of monetary remuneration claims for eligible directors is limited to ¥30 million per year. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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 incentives for the sustained enhancement of corporate value and promote value sharing between the eligible officers and shareholders. The Company also took into consideration the purpose of the plan, the Company's performance, the scope of the eligible officers' responsibilities and other relevant circumstances.
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.