Worth reading
40Recurring
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
9716
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much9,716Shares
9,716 common shares of the Company (treasury shares)
4 of the Company's directors, excluding outside directors5,920 shares
5 executive officers of the Company3,796 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.
¥2,080 per share
Total issue value
¥20,209,280
Total Stock-Based Compensation
Total monetary compensation receivables of ¥20,209,280. The total amount of monetary compensation receivables for directors is capped at ¥60,000 thousand per year.
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
From 7 August 2026 until the day on which the recipient changes from holding any position as a director or executive officer of the Company or as a director of a consolidated subsidiary of the Company to no longer holding any of those positions.
Conditions for lifting transfer restrictions
All of the shares allocated under this arrangement held by the recipient at the end of the period will be released from the transfer restrictions, provided that the recipient has continuously held a position as a director or executive officer of the Company or as a director of a consolidated subsidiary of the Company through the expiration date. If the recipient changes from holding office to no longer holding office for a valid reason, a portion of the shares will be released based on the number of months in office.
Reason for acquisition without consideration
If the recipient changes from holding office to no longer holding office before the expiration date without a valid reason, if the transfer restrictions remain in place at the end of the period, or if the transfer restrictions remain in place when a corporate reorganization or similar transaction is approved.
Categories and Number of Persons Covered
4 directors of the Company (excluding outside directors), 5,920 shares; 5 executive officers of the Company, 3,796 shares
Intended allottee's holding policy
During the restriction period, the recipients may not transfer the shares, create a pledge or security interest by way of transfer, make a gift during their lifetime, bequeath the shares, or otherwise dispose of them in any manner.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 July 2026, ¥2,080. No discount or premium applies.
Procedures under the Corporate Code of Conduct
At the 50th Annual General Meeting of Shareholders held on 23 June 2020, approval was obtained for the introduction of the restricted stock compensation plan, the aggregate amount of compensation receivables, the maximum number of shares and other matters.
Impact on Business Performance
No impact on financial results from this disposition of treasury shares is 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 | 9,716 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,080 per share |
| Total issue value | ¥20,209,280 |
| Payment date | 7 August 2026 |
| Intended allottee | Category 4 of the Company's directors, excluding outside directors / Number of Shares 5,920 shares, Category 5 executive officers of the Company / Number of Shares 3,796 shares |
| Intended allottee's holding policy | During the restriction period, the recipients may not transfer the shares, create a pledge or security interest by way of transfer, make a gift during their lifetime, bequeath the shares, or otherwise dispose of them in any manner. |
| 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 on 16 July 2026, ¥2,080. No discount or premium applies. |
| Transfer restriction period | From 7 August 2026 until the day on which the recipient changes from holding any position as a director or executive officer of the Company or as a director of a consolidated subsidiary of the Company to no longer holding any of those positions. |
| Conditions for lifting transfer restrictions | All of the shares allocated under this arrangement held by the recipient at the end of the period will be released from the transfer restrictions, provided that the recipient has continuously held a position as a director or executive officer of the Company or as a director of a consolidated subsidiary of the Company through the expiration date. If the recipient changes from holding office to no longer holding office for a valid reason, a portion of the shares will be released based on the number of months in office. |
| Reason for acquisition without consideration | If the recipient changes from holding office to no longer holding office before the expiration date without a valid reason, if the transfer restrictions remain in place at the end of the period, or if the transfer restrictions remain in place when a corporate reorganization or similar transaction is approved. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding outside directors), 5,920 shares; 5 executive officers of the Company, 3,796 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥20,209,280. The total amount of monetary compensation receivables for directors is capped at ¥60,000 thousand per year. |
| Procedures under the Corporate Code of Conduct | At the 50th Annual General Meeting of Shareholders held on 23 June 2020, approval was obtained for the introduction of the restricted stock compensation plan, the aggregate amount of compensation receivables, the maximum number of shares and other matters. |
| Impact on Business Performance | No impact on financial results from this disposition of treasury shares is stated. |
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.To enable directors and executive officers to share with shareholders both the benefits and risks of share price fluctuations, and to 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.