Worth reading
36Immaterial
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
14594
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
Service-continuity-based restricted stock 8,513 shares / Performance-linked restricted shares 6,081 shares / Total 14,594 shares
7 directors of the Company (excluding outside directors)8,513 shares (service-continuity-based)
7 directors of the Company (excluding outside directors)6,081 shares (performance-linked)
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.
¥4,425 per share
Total issue value
Service-continuity-based: ¥37,670,025; performance-linked: ¥26,908,425; total: ¥64,578,450
Total Stock-Based Compensation
¥64,578,450 equivalent in monetary compensation receivables (service-continuity-based: ¥37,670,025; performance-linked: ¥26,908,425)
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
Service-continuity-based: from 7 August 2026 until the individual ceases to hold any position as a director, audit & supervisory board member, executive officer, corporate officer or employee of the Company or any of its subsidiaries. Performance-linked: from 7 August 2026 to 6 August 2029.
Conditions for lifting transfer restrictions
Service-continuity-based: the individual must continuously hold a specified position throughout the restriction period. Performance-linked: the individual must continuously hold a specified position, and operating income for each fiscal year from the fiscal year ending March 2027 through the fiscal year ending March 2029 must be at least the amount specified by the Board of Directors based on the medium-term management plan. The restrictions will be lifted in whole or in part according to the degree of achievement.
Reason for acquisition without consideration
If the individual ceases to hold any position as a director, audit & supervisory board member, executive officer, corporate officer or employee of the Company or any of its subsidiaries, except in certain cases, the Company will acquire all or part of the shares without consideration, to the extent reasonably deemed appropriate by resolution of the Board of Directors after taking into account the specific circumstances, including the reason for the departure. Shares for which the restrictions are not lifted in connection with a corporate reorganization or other similar event will also be acquired without consideration.
Categories and Number of Persons Covered
7 directors of the Company, excluding outside directors: 8,513 service-based shares; 6,081 performance-linked shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account.
Payment date
7 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 16 July 2026, ¥4,425. No discount or premium.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Service-continuity-based restricted stock 8,513 shares / Performance-linked restricted shares 6,081 shares / Total 14,594 shares |
| Issue price and disposal price | ¥4,425 per share |
| Total issue value | Service-continuity-based: ¥37,670,025; performance-linked: ¥26,908,425; total: ¥64,578,450 |
| Payment date | 7 August 2026 |
| Intended allottee | Category 7 directors of the Company (excluding outside directors) / Number of shares 8,513 shares (service-continuity-based), Category 7 directors of the Company (excluding outside directors) / Number of shares 6,081 shares (performance-linked) |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 July 2026, ¥4,425. No discount or premium. |
| Transfer restriction period | Service-continuity-based: from 7 August 2026 until the individual ceases to hold any position as a director, audit & supervisory board member, executive officer, corporate officer or employee of the Company or any of its subsidiaries. Performance-linked: from 7 August 2026 to 6 August 2029. |
| Conditions for lifting transfer restrictions | Service-continuity-based: the individual must continuously hold a specified position throughout the restriction period. Performance-linked: the individual must continuously hold a specified position, and operating income for each fiscal year from the fiscal year ending March 2027 through the fiscal year ending March 2029 must be at least the amount specified by the Board of Directors based on the medium-term management plan. The restrictions will be lifted in whole or in part according to the degree of achievement. |
| Reason for acquisition without consideration | If the individual ceases to hold any position as a director, audit & supervisory board member, executive officer, corporate officer or employee of the Company or any of its subsidiaries, except in certain cases, the Company will acquire all or part of the shares without consideration, to the extent reasonably deemed appropriate by resolution of the Board of Directors after taking into account the specific circumstances, including the reason for the departure. Shares for which the restrictions are not lifted in connection with a corporate reorganization or other similar event will also be acquired without consideration. |
| Categories and Number of Persons Covered | 7 directors of the Company, excluding outside directors: 8,513 service-based shares; 6,081 performance-linked shares |
| Total Stock-Based Compensation | ¥64,578,450 equivalent in monetary compensation receivables (service-continuity-based: ¥37,670,025; performance-linked: ¥26,908,425) |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 incentives to achieve sustained growth in corporate value and expand business performance, strengthen their commitment to business growth, and promote the sharing of value with 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.