Worth reading
39Recurring
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
41500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much41,500Shares
41,500 common shares of the Company (treasury shares)
The Company's directors7 / 30,500 shares
Managing executive officers of the Company who do not concurrently serve as directors4 / 8,000 shares
The Company's executive officers who do not concurrently serve as directors3 / 3,000 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.
¥3,385 per share
Total issue value
¥140,477,500
Total Stock-Based Compensation
Total monetary compensation claims of ¥140,477,500
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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
30 years (31 July 2026 to 30 July 2056)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted at the end of the transfer restriction period, provided that the recipient continuously holds one of the following positions throughout the applicable service period: director of the Company, managing executive officer who does not concurrently serve as a director, or executive officer who does not concurrently serve as a director. If the recipient leaves the position upon expiry of the term of office or for another legitimate reason, the restrictions on some or all of the shares will be lifted based on the prescribed calculation.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the transfer restriction period or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose restrictions have not been lifted.
Categories and Number of Persons Covered
7 directors of the Company, 30,500 shares; 4 managing executive officers of the Company who do not concurrently serve as directors, 8,000 shares; 3 executive officers of the Company who do not concurrently serve as directors, 3,000 shares
Intended allottee's holding policy
During the transfer restriction period, the recipients are prohibited from transferring the shares to any third party, creating security interests over them, or otherwise disposing of them in any way. The transfer restriction period runs from 31 July 2026 to 30 July 2056.
Payment date
31 July 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 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,385. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
At general meetings of shareholders held on 21 June 2018, 25 June 2025, and 24 June 2026, approval was obtained for the introduction and revision of the plan, including the compensation limit and transfer restriction period.
Impact on Business Performance
No specific impact on financial performance has been disclosed at this time.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 41,500 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥3,385 per share |
| Total issue value | ¥140,477,500 |
| Payment date | 31 July 2026 |
| Intended allottee | Category The Company's directors / Number of Employees 7 / Number of Shares 30,500 shares, Category Managing executive officers of the Company who do not concurrently serve as directors / Number of Employees 4 / Number of Shares 8,000 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 3 / Number of Shares 3,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients are prohibited from transferring the shares to any third party, creating security interests over them, or otherwise disposing of them in any way. The transfer restriction period runs from 31 July 2026 to 30 July 2056. |
| 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 shares on the Tokyo Stock Exchange Prime Market on 2 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,385. No discount or premium was applied. |
| Transfer restriction period | 30 years (31 July 2026 to 30 July 2056) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted at the end of the transfer restriction period, provided that the recipient continuously holds one of the following positions throughout the applicable service period: director of the Company, managing executive officer who does not concurrently serve as a director, or executive officer who does not concurrently serve as a director. If the recipient leaves the position upon expiry of the term of office or for another legitimate reason, the restrictions on some or all of the shares will be lifted based on the prescribed calculation. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the transfer restriction period or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose restrictions have not been lifted. |
| Categories and Number of Persons Covered | 7 directors of the Company, 30,500 shares; 4 managing executive officers of the Company who do not concurrently serve as directors, 8,000 shares; 3 executive officers of the Company who do not concurrently serve as directors, 3,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥140,477,500 |
| Procedures under the Corporate Code of Conduct | At general meetings of shareholders held on 21 June 2018, 25 June 2025, and 24 June 2026, approval was obtained for the introduction and revision of the plan, including the compensation limit and transfer restriction period. |
| Impact on Business Performance | No specific impact on financial performance has been disclosed at this time. |
Items this document does not state (12)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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.The purpose is to provide the recipients with a medium- to long-term incentive, share value with shareholders, enhance their motivation to contribute to the sustained improvement of corporate value, and further increase their motivation.
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.