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
19794
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much19,794Shares
19,794 shares of the Company's common stock (treasury shares)
8 directors of the Company (excluding outside directors)12,690 shares
12 of the Company's executive officers7,104 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.
¥3,940 per share
Total issue value
¥77,988,360
Amount of funds to be raised
Total payment amount: ¥77,988,360; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥77,988,360
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
Not applicable (disposal of treasury shares)
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
From 23 July 2026 until the date on which the recipient ceases to hold a designated position at the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
The recipient must continuously hold the designated position from the payment date until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the months of service. In the event of a reorganization or similar transaction, the restrictions will be lifted for the number of shares corresponding to the period up to the effective date.
Reason for acquisition without consideration
The Company will acquire without consideration any of the shares allocated under this arrangement for which the restrictions have not been lifted upon expiry of the restricted period or at another time specified in the agreement.
Categories and Number of Persons Covered
8 of the Company's directors (excluding outside directors), 12,690 shares; 12 of the Company's executive officers, 7,104 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. Any shares for which the restrictions have not been lifted upon expiry of the restricted period will be acquired by the Company without consideration.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 June 2026, ¥3,940. No discount or premium.
Procedures under the Corporate Code of Conduct
At the 80th Annual General Meeting of Shareholders held on 24 June 2025, approval was obtained for the payment of monetary compensation claims and the maximum number of shares under this plan.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 19,794 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,940 per share |
| Total issue value | ¥77,988,360 |
| Amount of funds to be raised | Total payment amount: ¥77,988,360; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name 8 directors of the Company (excluding outside directors) / Number of Shares 12,690 shares, Name 12 of the Company's executive officers / Number of Shares 7,104 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. Any shares for which the restrictions have not been lifted upon expiry of the restricted period will be acquired by the Company without consideration. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | As this is a disposal of treasury 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 22 June 2026, ¥3,940. No discount or premium. |
| Transfer restriction period | From 23 July 2026 until the date on which the recipient ceases to hold a designated position at the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the designated position from the payment date until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the months of service. In the event of a reorganization or similar transaction, the restrictions will be lifted for the number of shares corresponding to the period up to the effective date. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the shares allocated under this arrangement for which the restrictions have not been lifted upon expiry of the restricted period or at another time specified in the agreement. |
| Categories and Number of Persons Covered | 8 of the Company's directors (excluding outside directors), 12,690 shares; 12 of the Company's executive officers, 7,104 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥77,988,360 |
| Procedures under the Corporate Code of Conduct | At the 80th Annual General Meeting of Shareholders held on 24 June 2025, approval was obtained for the payment of monetary compensation claims and the maximum number of shares under this plan. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / 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 directors and executive officers with an incentive to achieve sustained growth in corporate value and to 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.
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.