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
0.65
% (percentage of the total number of issued shares as of 26 June 2026)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much73,027Shares
73,027 shares of the company’s common stock (treasury shares)
The Company's directors, excluding outside directors2 / 12,999 shares
The Company's executive officers who do not concurrently serve as directors19 / 60,028 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.
¥1,371 per share
Total issue value
¥100,120,017
Amount of funds to be raised
Total amount paid: ¥100,120,017; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥100,120,017. The total annual amount of monetary compensation claims for the eligible directors is capped at ¥50 million.
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
0.65% (percentage of the total number of issued shares as of 26 June 2026)
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 13 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the company.
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds either the position of director or executive officer of the company until the date of the first annual general meeting of shareholders held after 13 July 2026, all of the allocated shares held at the end of the restriction period will be released from the transfer restrictions. If the recipient ceases to serve or retires for a legitimate reason, the number of shares released will be calculated by multiplying the number of shares held by the number of months from July 2026 through the month including the date of cessation or retirement, divided by 12. In the event of a corporate reorganization, the restrictions will also be released on a pro rata basis.
Reason for acquisition without consideration
If, before the day preceding the first annual general meeting of shareholders to be held, the recipient ceases to serve or retires from both the position of director and the position of executive officer without a legitimate reason. If the transfer restrictions have not been lifted at the end of the restriction period. If the recipient materially violates laws, regulations, internal rules or other applicable requirements during the restriction period, or if any other event specified by the Board of Directors occurs. If the transfer restrictions are not lifted as a result of a corporate reorganization.
Categories and Number of Persons Covered
Category The Company's directors, excluding outside directors / Number of Employees 2 / Number of allocated shares 12,999 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 19 / Number of allocated shares 60,028 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the recipients may not transfer the shares to any third party, create a pledge or security interest by way of transfer, make an inter vivos gift, bequeath the shares or otherwise dispose of them in any manner. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
13 July 2026
Basis for determining the amount to be paid
The closing price of the company’s common stock on the Tokyo Stock Exchange on 25 June 2026, ¥1,371. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
At the 58th Annual General Meeting of Shareholders held on 26 June 2026, approval was obtained for the introduction of this plan, total annual compensation of up to ¥50 million for eligible directors, a maximum of 40,000 shares, the transfer restriction period and other matters.
Impact on Business Performance
No impact on performance from this disposal of treasury shares 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 | 73,027 shares of the company’s common stock (treasury shares) |
| Issue price and disposal price | ¥1,371 per share |
| Total issue value | ¥100,120,017 |
| Amount of funds to be raised | Total amount paid: ¥100,120,017; estimated net proceeds: not disclosed |
| Payment date | 13 July 2026 |
| Intended allottee | Name The Company's directors, excluding outside directors / Number of Employees 2 / Number of Shares 12,999 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 19 / Number of Shares 60,028 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the recipients may not transfer the shares to any third party, create a pledge or security interest by way of transfer, make an inter vivos gift, bequeath the shares or otherwise dispose of them in any manner. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Dilution Rate | 0.65% (percentage of the total number of issued shares as of 26 June 2026) |
| 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 stock on the Tokyo Stock Exchange on 25 June 2026, ¥1,371. No discount or premium rate is stated. |
| Transfer restriction period | From 13 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the company. |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds either the position of director or executive officer of the company until the date of the first annual general meeting of shareholders held after 13 July 2026, all of the allocated shares held at the end of the restriction period will be released from the transfer restrictions. If the recipient ceases to serve or retires for a legitimate reason, the number of shares released will be calculated by multiplying the number of shares held by the number of months from July 2026 through the month including the date of cessation or retirement, divided by 12. In the event of a corporate reorganization, the restrictions will also be released on a pro rata basis. |
| Reason for acquisition without consideration | If, before the day preceding the first annual general meeting of shareholders to be held, the recipient ceases to serve or retires from both the position of director and the position of executive officer without a legitimate reason. If the transfer restrictions have not been lifted at the end of the restriction period. If the recipient materially violates laws, regulations, internal rules or other applicable requirements during the restriction period, or if any other event specified by the Board of Directors occurs. If the transfer restrictions are not lifted as a result of a corporate reorganization. |
| Categories and Number of Persons Covered | Category The Company's directors, excluding outside directors / Number of Employees 2 / Number of allocated shares 12,999 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 19 / Number of allocated shares 60,028 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥100,120,017. The total annual amount of monetary compensation claims for the eligible directors is capped at ¥50 million. |
| Procedures under the Corporate Code of Conduct | At the 58th Annual General Meeting of Shareholders held on 26 June 2026, approval was obtained for the introduction of this plan, total annual compensation of up to ¥50 million for eligible directors, a maximum of 40,000 shares, the transfer restriction period and other matters. |
| Impact on Business Performance | No impact on performance from this disposal of treasury shares was stated |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsExercise 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 align recipients’ and shareholders’ interests by sharing the benefits and risks of share price movements, and to increase recipients’ 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.
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.