Worth reading
49Recurring
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
12444
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much12,444Shares
12,444 common shares of the Company (treasury shares)
3 directors of the Company (excluding outside directors)12,444 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥198 per share
Total issue value
¥2,463,912
Amount of funds to be raised
Total payment amount: ¥2,463,912. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥2,463,912. Compensation limit: no more than ¥50 million per year
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
As this is a disposal of treasury shares, the dilution rate resulting from an increase in the total number of issued shares is Not disclosed
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 17 July 2026, the payment date, until the date on which the holder ceases to hold the position of director of the Company
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted in full upon expiration of the transfer restriction period, provided that the holder continuously remains a director from 17 July 2026 until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the holder ceases to hold the position during the service period, the restrictions will be lifted in proportion to the number of months in office. If the holder dies or ceases to hold the position for another reason deemed justifiable by the Board of Directors, the restrictions will be lifted in full. In the event of a reorganization or similar transaction, the restrictions may also be lifted in full by resolution of the Board of Directors.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or another time stipulated in the agreement, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
3 directors of the Company (excluding outside directors), 12,444 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 17 July 2026 until the date on which the holder ceases to be a director of the Company.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥198. Discount rate/premium rate: not stated
Impact on Business Performance
Impact on business performance from this disposal of treasury shares: 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 | 12,444 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥198 per share |
| Total issue value | ¥2,463,912 |
| Amount of funds to be raised | Total payment amount: ¥2,463,912. Estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 12,444 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 17 July 2026 until the date on which the holder ceases to be a director of the Company. |
| Dilution Rate | As this is a disposal of treasury shares, the dilution rate resulting from an increase in the total number of issued shares is Not disclosed |
| 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 shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥198. Discount rate/premium rate: not stated |
| Transfer restriction period | From 17 July 2026, the payment date, until the date on which the holder ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted in full upon expiration of the transfer restriction period, provided that the holder continuously remains a director from 17 July 2026 until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the holder ceases to hold the position during the service period, the restrictions will be lifted in proportion to the number of months in office. If the holder dies or ceases to hold the position for another reason deemed justifiable by the Board of Directors, the restrictions will be lifted in full. In the event of a reorganization or similar transaction, the restrictions may also be lifted in full by resolution of the Board of Directors. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or another time stipulated in the agreement, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 3 directors of the Company (excluding outside directors), 12,444 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥2,463,912. Compensation limit: no more than ¥50 million per year |
| Impact on Business Performance | Impact on business performance from this disposal of treasury shares: Not disclosed |
Items this document does not state (11)
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 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.To provide an incentive for the sustainable enhancement of corporate value and shareholder value over the medium to long term and promote value sharing with shareholders. The Company also took into consideration the purpose of this system, the Company's performance and the scope of responsibilities of each person to whom the shares will be allocated.
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.