Worth reading
42Recurring
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
8700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much8,700Shares
8,700 treasury shares
2 directors, excluding outside directors and directors who are Audit and Supervisory Committee members5,200 shares
4 executive officers3,500 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.
¥2,150 per share
Amount of funds to be raised
Total payment amount: ¥18,705,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥18,705,000. The annual limit for monetary compensation claims granted to eligible directors is ¥30 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 24 July 2026 through 23 July 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that the recipient remains continuously in one of the following positions throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of the period: director of the Company, including a director serving as an Audit and Supervisory Committee member, or executive officer who does not concurrently serve as a director. If the recipient leaves office upon expiration of the term, mandatory retirement, or for another legitimate reason, the restrictions will be lifted for the number of shares determined based on the recipient's period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the time when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors (excluding outside directors and directors serving as Audit and Supervisory Committee members) / Number of Employees 2 / Number of allocated shares 5,200 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 3,500 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account. The transfer restriction period is from 24 July 2026 to 23 July 2056.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,150. No discount or premium rate was 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 | 8,700 treasury shares |
| Issue price and disposal price | ¥2,150 per share |
| Amount of funds to be raised | Total payment amount: ¥18,705,000; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name 2 directors, excluding outside directors and directors who are Audit and Supervisory Committee members / Number of Shares 5,200 shares, Name 4 executive officers / Number of Shares 3,500 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account. The transfer restriction period is from 24 July 2026 to 23 July 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,150. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 through 23 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient remains continuously in one of the following positions throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of the period: director of the Company, including a director serving as an Audit and Supervisory Committee member, or executive officer who does not concurrently serve as a director. If the recipient leaves office upon expiration of the term, mandatory retirement, or for another legitimate reason, the restrictions will be lifted for the number of shares determined based on the recipient's period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the time when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors and directors serving as Audit and Supervisory Committee members) / Number of Employees 2 / Number of allocated shares 5,200 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 3,500 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥18,705,000. The annual limit for monetary compensation claims granted to eligible directors is ¥30 million. |
Items this document does not state (15)
Total issue valueEstimated 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.The purpose is to provide medium- to long-term incentives, share value with shareholders, secure talented individuals as directors and executive officers, and further enhance the motivation of each eligible director and other recipient. The Company also states that it took into consideration the purpose of the plan, the Company's business performance, the scope of responsibilities of each eligible director and other recipient, 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.
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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.