Worth reading
51Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10515
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much10,515Shares
10,515 ordinary shares (new shares)
5 directors, 10,515 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,178 per share
Total issue value
¥12,386,670
Amount of funds to be raised
Total payment amount: ¥12,386,670; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥12,386,670. The total annual amount of monetary compensation claims under the system is limited to ¥100 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 20 May 2026 until the directors retire from their positions at the Company
Conditions for lifting transfer restrictions
Provided that a director's retirement is due to a reason deemed legitimate by the Board of Directors or is due to death, the transfer restrictions will be lifted on all shares held when the restriction period expires. However, if the director retires before the conclusion of the Annual General Meeting of Shareholders for the fiscal year in which the agreement date falls, the restrictions will be lifted only on the number of shares corresponding to the number of months in office. In the event of a reorganization or similar transaction, the restrictions will be lifted on the number of shares corresponding to the prescribed number of months in office.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares for which the transfer restrictions are not lifted, immediately after it is determined that the restrictions will not be lifted. In the event of a reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
5 directors, 10,515 shares
Intended allottee's holding policy
The shares may not be transferred, pledged as collateral or otherwise disposed of until the directors retire from their positions. The Company will acquire without consideration any shares for which the transfer restrictions are not lifted due to certain reasons.
Payment date
20 May 2026
Basis for determining the amount to be paid
The closing price of the Company's ordinary shares on the Tokyo Stock Exchange on 22 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,178. Discount rate/premium rate: Not 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 | 10,515 ordinary shares (new shares) |
| Issue price and disposal price | ¥1,178 per share |
| Total issue value | ¥12,386,670 |
| Amount of funds to be raised | Total payment amount: ¥12,386,670; estimated net proceeds: Not disclosed |
| Payment date | 20 May 2026 |
| Intended allottee | 5 directors, 10,515 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged as collateral or otherwise disposed of until the directors retire from their positions. The Company will acquire without consideration any shares for which the transfer restrictions are not lifted due to certain reasons. |
| Basis for determining the amount to be paid | The closing price of the Company's ordinary shares on the Tokyo Stock Exchange on 22 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,178. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From 20 May 2026 until the directors retire from their positions at the Company |
| Conditions for lifting transfer restrictions | Provided that a director's retirement is due to a reason deemed legitimate by the Board of Directors or is due to death, the transfer restrictions will be lifted on all shares held when the restriction period expires. However, if the director retires before the conclusion of the Annual General Meeting of Shareholders for the fiscal year in which the agreement date falls, the restrictions will be lifted only on the number of shares corresponding to the number of months in office. In the event of a reorganization or similar transaction, the restrictions will be lifted on the number of shares corresponding to the prescribed number of months in office. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the transfer restrictions are not lifted, immediately after it is determined that the restrictions will not be lifted. In the event of a reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors, 10,515 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥12,386,670. The total annual amount of monetary compensation claims under the system is limited to ¥100 million. |
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 directors with an incentive to contribute to enhancing corporate value and to promote the sharing of interests between the directors and 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.