Worth reading
42Recurring
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
20000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much20,000Shares
20,000 treasury shares
5 directors of the Company other than directors who are Audit and Supervisory Committee Members10,800 shares
3 of the Company's directors who are Audit & Supervisory Committee members3,000 shares
8 executive officers who do not concurrently serve as directors of the Company2,410 shares
16 employees of the Company3,790 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.
¥871 per share
Total issue value
¥17.42 million
Amount of funds to be raised
Total monetary claims of ¥17.42 million (as this is an in-kind contribution, the estimated net proceeds are Not disclosed)
Total Stock-Based Compensation
Total monetary claims of ¥17.42 million. The annual compensation limit is ¥33 million or less for the eligible directors and ¥6 million or less for the eligible directors who are Audit and Supervisory Committee members.
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 9 October 2026 until immediately after the recipient resigns or retires from the prescribed position at the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
Subject to the recipient having continuously held a position as a director, executive officer, employee, adviser, counsellor or other similar position at the Company or one of its subsidiaries throughout the service period, all transfer restrictions will be lifted upon expiry of the transfer restriction period. In the event of resignation or retirement upon expiry of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restrictions on the number of shares corresponding to the period of service will be lifted immediately after the resignation or retirement.
Reason for acquisition without consideration
If, during the transfer restriction period, the recipient engages in an act violating laws or regulations or falls under another specified circumstance set out in the restricted stock allotment agreement, or if the transfer restrictions are not lifted upon expiry of the transfer restriction period or at the time of release, the Company will acquire the relevant shares without consideration.
Categories and Number of Persons Covered
5 directors of the Company, excluding directors who are Audit and Supervisory Committee members: 10,800 shares; 3 directors who are Audit and Supervisory Committee members: 3,000 shares; 8 executive officers who do not concurrently serve as directors: 2,410 shares; 16 employees: 3,790 shares
Intended allottee's holding policy
During the restricted period, transfers to third parties, the creation of security interests and all other dispositions are prohibited, and the shares will be managed in dedicated accounts.
Payment date
9 October 2026
Basis for determining the amount to be paid
The closing price of ¥871 for the Company's common shares on the Tokyo Stock Exchange Standard Market on 11 September 2026, the business day preceding the date of the Board of Directors' resolution. No discount or premium.
Procedures under the Corporate Code of Conduct
The matter was referred to the Nomination and Compensation Committee for consultation.
Impact on Business Performance
No impact on business performance 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 | 20,000 treasury shares |
| Issue price and disposal price | ¥871 per share |
| Total issue value | ¥17.42 million |
| Amount of funds to be raised | Total monetary claims of ¥17.42 million (as this is an in-kind contribution, the estimated net proceeds are Not disclosed) |
| Payment date | 9 October 2026 |
| Intended allottee | Category 5 directors of the Company other than directors who are Audit and Supervisory Committee Members / Number of Shares 10,800 shares, Category 3 of the Company's directors who are Audit & Supervisory Committee members / Number of Shares 3,000 shares, Category 8 executive officers who do not concurrently serve as directors of the Company / Number of Shares 2,410 shares, Category 16 employees of the Company / Number of Shares 3,790 shares |
| Intended allottee's holding policy | During the restricted period, transfers to third parties, the creation of security interests and all other dispositions are prohibited, and the shares will be managed in dedicated accounts. |
| Basis for determining the amount to be paid | The closing price of ¥871 for the Company's common shares on the Tokyo Stock Exchange Standard Market on 11 September 2026, the business day preceding the date of the Board of Directors' resolution. No discount or premium. |
| Transfer restriction period | From 9 October 2026 until immediately after the recipient resigns or retires from the prescribed position at the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | Subject to the recipient having continuously held a position as a director, executive officer, employee, adviser, counsellor or other similar position at the Company or one of its subsidiaries throughout the service period, all transfer restrictions will be lifted upon expiry of the transfer restriction period. In the event of resignation or retirement upon expiry of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restrictions on the number of shares corresponding to the period of service will be lifted immediately after the resignation or retirement. |
| Reason for acquisition without consideration | If, during the transfer restriction period, the recipient engages in an act violating laws or regulations or falls under another specified circumstance set out in the restricted stock allotment agreement, or if the transfer restrictions are not lifted upon expiry of the transfer restriction period or at the time of release, the Company will acquire the relevant shares without consideration. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors who are Audit and Supervisory Committee members: 10,800 shares; 3 directors who are Audit and Supervisory Committee members: 3,000 shares; 8 executive officers who do not concurrently serve as directors: 2,410 shares; 16 employees: 3,790 shares |
| Total Stock-Based Compensation | Total monetary claims of ¥17.42 million. The annual compensation limit is ¥33 million or less for the eligible directors and ¥6 million or less for the eligible directors who are Audit and Supervisory Committee members. |
| Procedures under the Corporate Code of Conduct | The matter was referred to the Nomination and Compensation Committee for consultation. |
| Impact on Business Performance | No impact on business performance is stated. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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 provide an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The measure is also intended to further enhance the motivation of the eligible directors and other recipients.
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.