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
27217
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much27,217Shares
27,217 shares of the Company's common stock (treasury shares)
7 outside directors2,961 shares
10 executive officers of the Company24,256 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.
¥2,666 per share
Total issue value
¥72,560,522
Amount of funds to be raised
Total payment amount: ¥72,560,522; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary receivables: ¥72,560,522
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
As this is a disposal of treasury shares and the total number of shares issued will not increase, there will be no dilution.
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 22 July 2026 until immediately after the recipient ceases to hold any of the positions of director, executive officer, senior adviser, special adviser, adviser or senior contract employee
Conditions for lifting transfer restrictions
The recipient officer must continuously hold the prescribed position from the start date of the officer's duties until the close of the first annual general meeting of shareholders held thereafter. If the officer ceases to hold the position upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted immediately after the departure, and the number of shares subject to release will be calculated based on the number of months in office. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted immediately before the business day preceding the effective date, subject to the prescribed conditions.
Reason for acquisition without consideration
The Company will acquire all of the relevant shares without consideration if the recipient engages in a violation of laws or regulations during the restriction period or otherwise falls under any of the grounds stipulated in the restricted stock allocation agreement, if any shares remain subject to the restrictions, or if the restrictions have not been lifted after a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
7 outside directors: 2,961 shares; 10 executive officers of the Company: 24,256 shares
Intended allottee's holding policy
During the restriction period, the recipients may not transfer the shares to any third party, create security interests over them, or otherwise dispose of them in any way. The restriction period runs from 22 July 2026 until immediately after the recipient ceases to hold any of the positions of director, executive officer, senior adviser, special adviser, adviser or senior contract employee.
Payment date
22 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,666. No discount or premium 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 | 27,217 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,666 per share |
| Total issue value | ¥72,560,522 |
| Amount of funds to be raised | Total payment amount: ¥72,560,522; estimated net proceeds: Not disclosed |
| Payment date | 22 July 2026 |
| Intended allottee | Name 7 outside directors / Number of Shares 2,961 shares, Name 10 executive officers of the Company / Number of Shares 24,256 shares |
| Intended allottee's holding policy | During the restriction period, the recipients may not transfer the shares to any third party, create security interests over them, or otherwise dispose of them in any way. The restriction period runs from 22 July 2026 until immediately after the recipient ceases to hold any of the positions of director, executive officer, senior adviser, special adviser, adviser or senior contract employee. |
| Dilution Rate | As this is a disposal of treasury shares and the total number of shares issued will not increase, there will be no dilution. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,666. No discount or premium was stated. |
| Transfer restriction period | From 22 July 2026 until immediately after the recipient ceases to hold any of the positions of director, executive officer, senior adviser, special adviser, adviser or senior contract employee |
| Conditions for lifting transfer restrictions | The recipient officer must continuously hold the prescribed position from the start date of the officer's duties until the close of the first annual general meeting of shareholders held thereafter. If the officer ceases to hold the position upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted immediately after the departure, and the number of shares subject to release will be calculated based on the number of months in office. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted immediately before the business day preceding the effective date, subject to the prescribed conditions. |
| Reason for acquisition without consideration | The Company will acquire all of the relevant shares without consideration if the recipient engages in a violation of laws or regulations during the restriction period or otherwise falls under any of the grounds stipulated in the restricted stock allocation agreement, if any shares remain subject to the restrictions, or if the restrictions have not been lifted after a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 7 outside directors: 2,961 shares; 10 executive officers of the Company: 24,256 shares |
| Total Stock-Based Compensation | Monetary receivables: ¥72,560,522 |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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 an incentive for the officers to work toward the sustained enhancement of shareholder value and corporate value over the medium to long term, and to share 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.