Worth reading
48Recurring
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
68912
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as deferred-delivery performance-linked share compensation
Who receives how much68,912Shares
68,912 treasury shares
3 directors (excluding outside directors)35,881 shares
7 executive officers33,031 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.
¥1,867.5 per share
Total issue value
¥128,693,158
Amount of funds to be raised
Total payment amount: ¥128,693,158; estimated net proceeds: not applicable (in-kind contribution of monetary compensation receivables granted as share compensation)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥128,693,158
Categories and Number of Persons Covered
3 directors (excluding outside directors): 35,881 shares; 7 executive officers: 33,031 shares
Payment date
30 September 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 2 September 2026, ¥1,867.5. This was the market price immediately before the date of the Board of Directors' resolution. No discount or premium is stated.
Procedures under the Corporate Code of Conduct
Approval of the scheme was obtained at the 110th Annual General Meeting of Shareholders held on 24 June 2022. The performance metrics and payout ratios were deliberated by the Executive Compensation Committee, which has a majority of outside directors, and then approved by the Board of Directors.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as deferred-delivery performance-linked share compensation |
| Number of shares to be issued or disposed of | 68,912 treasury shares |
| Issue price and disposal price | ¥1,867.5 per share |
| Total issue value | ¥128,693,158 |
| Amount of funds to be raised | Total payment amount: ¥128,693,158; estimated net proceeds: not applicable (in-kind contribution of monetary compensation receivables granted as share compensation) |
| Payment date | 30 September 2026 |
| Intended allottee | Name 3 directors (excluding outside directors) / Number of Shares 35,881 shares, Name 7 executive officers / Number of Shares 33,031 shares |
| 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 2 September 2026, ¥1,867.5. This was the market price immediately before the date of the Board of Directors' resolution. No discount or premium is stated. |
| Categories and Number of Persons Covered | 3 directors (excluding outside directors): 35,881 shares; 7 executive officers: 33,031 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥128,693,158 |
| Procedures under the Corporate Code of Conduct | Approval of the scheme was obtained at the 110th Annual General Meeting of Shareholders held on 24 June 2022. The performance metrics and payout ratios were deliberated by the Executive Compensation Committee, which has a majority of outside directors, and then approved by the Board of Directors. |
Items this document does not state (17)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 medium- to long-term incentives and share value, shares will be delivered after the fact based on performance results for fiscal 2023 through fiscal 2025.
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.