Worth reading
59In focus
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
17700
sharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of New Shares as Restricted Stock Compensation
Who receives how much17,700Shares
17,700 new shares
Directors of the Company (excluding outside directors)3 people / 7,000 shares
Employees of the Company20 / 10,700 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.
¥7,550 per share
Total issue value
¥133,635,000
Amount of funds to be raised
Total payment amount: ¥133,635,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥133,635,000. The annual compensation limit for directors is ¥300 million or less.
Existing Shares and Increase
+0.06%Rate of increase
29,319,700 shares29,337,400Shares
0.06% (17,700 shares out of 29,319,700 issued shares; calculated from the figures stated in the document)
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
24 November 2026 to 30 November 2028
Conditions for lifting transfer restrictions
Subject to the allotment recipients continuously holding the position of director or employee of the Company or employee of a subsidiary of the Company for the prescribed period, all transfer restrictions on the allotted shares held at the end of the period will be lifted. In the event of resignation or retirement for a valid reason, the restrictions will be lifted in part according to the period of service.
Reason for acquisition without consideration
If the recipient resigns or retires during the prescribed period, except where the Board of Directors recognizes a valid reason, or if the transfer restrictions have not been lifted at the end of the period. Shares whose restrictions have not been lifted as of the business day preceding the effective date of a reorganization or similar transaction will also be acquired without consideration.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 people / Number of allocated shares 7,000 shares, Category Employees of the Company / Number of Employees 20 / Number of allocated shares 10,700 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Payment date
24 November 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 5 November 2026 was ¥7,550. Discount/premium rate: 0% (not explicitly stated)
Impact on Business Performance
The impact of this issuance on business performance is not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of New Shares as Restricted Stock Compensation |
| Number of shares to be issued or disposed of | 17,700 new shares |
| Issue price and disposal price | ¥7,550 per share |
| Total issue value | ¥133,635,000 |
| Amount of funds to be raised | Total payment amount: ¥133,635,000; estimated net proceeds: Not disclosed |
| Payment date | 24 November 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 3 people / Number of Shares 7,000 shares, Category Employees of the Company / Number of Employees 20 / Number of Shares 10,700 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. |
| Dilution Rate | 0.06% (17,700 shares out of 29,319,700 issued shares; calculated from the figures stated in the document) |
| Total number of issued shares | 29,319,700 shares → 29,337,400 shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 5 November 2026 was ¥7,550. Discount/premium rate: 0% (not explicitly stated) |
| Transfer restriction period | 24 November 2026 to 30 November 2028 |
| Conditions for lifting transfer restrictions | Subject to the allotment recipients continuously holding the position of director or employee of the Company or employee of a subsidiary of the Company for the prescribed period, all transfer restrictions on the allotted shares held at the end of the period will be lifted. In the event of resignation or retirement for a valid reason, the restrictions will be lifted in part according to the period of service. |
| Reason for acquisition without consideration | If the recipient resigns or retires during the prescribed period, except where the Board of Directors recognizes a valid reason, or if the transfer restrictions have not been lifted at the end of the period. Shares whose restrictions have not been lifted as of the business day preceding the effective date of a reorganization or similar transaction will also be acquired without consideration. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 people / Number of allocated shares 7,000 shares, Category Employees of the Company / Number of Employees 20 / Number of allocated shares 10,700 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥133,635,000. The annual compensation limit for directors is ¥300 million or less. |
| Impact on Business Performance | The impact of this issuance on business performance is 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 enable directors and employees to share the benefits and risks of share price movements with shareholders and increase their motivation to contribute to higher share prices and enhanced corporate value.
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.