Worth reading
51Recurring
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
52731
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
25,325 shares of the Company's common stock (for directors and executive officers), 27,406 shares (for employees), total 52,731 shares
3 directors of the Company (excluding directors who are Audit and Supervisory Committee members)15,454 shares
4 executive officers of the Company9,871 shares
31 employees of the Company27,406 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.
¥346 per share
Total issue value
¥8,762,450 (for directors and executive officers), ¥9,482,476 (for employees), total ¥18,244,926
Amount of funds to be raised
Total payment amount: ¥18,244,926; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥18,244,926 (¥8,762,450 for directors and executive officers and ¥9,482,476 for employees). The annual limit on compensation for directors is ¥20 million.
発行済株式総数
The total number of issued shares will not increase
Not applicable (disposal of treasury shares only)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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
For directors and executive officers: from 20 August 2026 until the later of the date on which the recipient retires or leaves office as a director or executive officer of the Company, or the date on which the semiannual report for the relevant fiscal year is filed. For employees: from 30 September 2026 to 29 September 2029.
Conditions for lifting transfer restrictions
For directors and executive officers: continuously holding the position of director or executive officer from the date of the shareholders' meeting held on 20 June 2025 through the date of the annual shareholders' meeting held in the following year. For employees: continuously holding the position of director, executive officer or employee throughout the transfer restriction period. Conditions for lifting the restrictions in the event of retirement or resignation for a valid reason or a corporate reorganization are also prescribed.
Reason for acquisition without consideration
If the recipient retires or leaves the position of director, executive officer or employee before the end of the transfer restriction period without a valid reason, or if any shares remain subject to the restrictions when the transfer restriction period expires
Categories and Number of Persons Covered
3 directors, 15,454 shares; 4 executive officers, 9,871 shares; 31 employees, 27,406 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
20 August 2026 (for directors and executive officers), 30 September 2026 (for employees)
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 17 July 2026, ¥346. The price is based on the closing price on the business day preceding the date of the Board of Directors' resolution, with no discount or premium.
Procedures under the Corporate Code of Conduct
At the 105th Annual General Meeting of Shareholders held on 20 June 2025, approval was obtained for the restricted stock compensation plan for directors and monetary compensation receivables and other items of up to ¥20 million per year.
Impact on Business Performance
The impact of this matter on operating performance is Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 25,325 shares of the Company's common stock (for directors and executive officers), 27,406 shares (for employees), total 52,731 shares |
| Issue price and disposal price | ¥346 per share |
| Total issue value | ¥8,762,450 (for directors and executive officers), ¥9,482,476 (for employees), total ¥18,244,926 |
| Amount of funds to be raised | Total payment amount: ¥18,244,926; estimated net proceeds: Not disclosed |
| Payment date | 20 August 2026 (for directors and executive officers), 30 September 2026 (for employees) |
| Intended allottee | Name 3 directors of the Company (excluding directors who are Audit and Supervisory Committee members) / Number of Shares 15,454 shares, Name 4 executive officers of the Company / Number of Shares 9,871 shares, Name 31 employees of the Company / Number of Shares 27,406 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Total number of issued shares | The total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 17 July 2026, ¥346. The price is based on the closing price on the business day preceding the date of the Board of Directors' resolution, with no discount or premium. |
| Transfer restriction period | For directors and executive officers: from 20 August 2026 until the later of the date on which the recipient retires or leaves office as a director or executive officer of the Company, or the date on which the semiannual report for the relevant fiscal year is filed. For employees: from 30 September 2026 to 29 September 2029. |
| Conditions for lifting transfer restrictions | For directors and executive officers: continuously holding the position of director or executive officer from the date of the shareholders' meeting held on 20 June 2025 through the date of the annual shareholders' meeting held in the following year. For employees: continuously holding the position of director, executive officer or employee throughout the transfer restriction period. Conditions for lifting the restrictions in the event of retirement or resignation for a valid reason or a corporate reorganization are also prescribed. |
| Reason for acquisition without consideration | If the recipient retires or leaves the position of director, executive officer or employee before the end of the transfer restriction period without a valid reason, or if any shares remain subject to the restrictions when the transfer restriction period expires |
| Categories and Number of Persons Covered | 3 directors, 15,454 shares; 4 executive officers, 9,871 shares; 31 employees, 27,406 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥18,244,926 (¥8,762,450 for directors and executive officers and ¥9,482,476 for employees). The annual limit on compensation for directors is ¥20 million. |
| Procedures under the Corporate Code of Conduct | At the 105th Annual General Meeting of Shareholders held on 20 June 2025, approval was obtained for the restricted stock compensation plan for directors and monetary compensation receivables and other items of up to ¥20 million per year. |
| Impact on Business Performance | The impact of this matter on operating performance is Not disclosed |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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.The purpose is to provide incentives for the sustained enhancement of corporate value, share value with the recipients, and enhance the awareness and engagement of personnel who will be responsible for future management with respect to medium- to long-term management and the share price.
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.