Worth reading
51Recurring
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
15127
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much15,127Shares
15,127 shares of the Company's common stock (treasury shares)
8 directors of the Company (excluding outside directors)15,127 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥5,506 per share
Total issue value
¥83,289,262
Amount of funds to be raised
Total payment amount: ¥83,289,262; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Aggregate monetary compensation receivables of ¥83,289,262. The annual compensation limit is ¥1.8 billion or less.
発行済株式総数
0.02% (relative to the total number of shares issued as of 31 March 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
The period from the date on which the restricted stock is allotted until the date on which the recipient ceases to serve as a director of the Company
Conditions for lifting transfer restrictions
The recipient must remain a director continuously from the start date of the transfer restriction period until the date of the first annual general meeting of shareholders of the Company held thereafter. If the recipient ceases to serve as a director for a reason deemed legitimate, the transfer restriction will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from April 2026 through the month including the date of departure, divided by 12. In the event of a corporate reorganization or similar event, the restriction will be lifted based on the prescribed pro rata allocation for the relevant period.
Reason for acquisition without consideration
If the recipient ceases to serve as a director without a reason deemed legitimate by the Board of Directors before the day preceding the date of the first annual general meeting of shareholders held after the start date of the transfer restriction period. If any shares remain subject to the transfer restriction when the period expires. If any shares remain subject to the transfer restriction as a result of a corporate reorganization or similar event.
Categories and Number of Persons Covered
8 directors of the Company, excluding outside directors; 15,127 shares
Intended allottee's holding policy
From the date on which the restricted stock is allotted until the date on which the recipient ceases to serve as a director of the Company, the recipient may not transfer the shares to any third party or otherwise dispose of them in any way.
Payment date
21 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 April 2026 was ¥5,506. No discount or premium rate was stated.
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 | 15,127 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥5,506 per share |
| Total issue value | ¥83,289,262 |
| Amount of funds to be raised | Total payment amount: ¥83,289,262; estimated net proceeds: Not disclosed |
| Payment date | 21 May 2026 |
| Intended allottee | Name 8 directors of the Company (excluding outside directors) / Number of Shares 15,127 shares |
| Intended allottee's holding policy | From the date on which the restricted stock is allotted until the date on which the recipient ceases to serve as a director of the Company, the recipient may not transfer the shares to any third party or otherwise dispose of them in any way. |
| Dilution Rate | 0.02% (relative to the total number of shares issued as of 31 March 2026) |
| Total number of issued shares | 60,592,541 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 April 2026 was ¥5,506. No discount or premium rate was stated. |
| Transfer restriction period | The period from the date on which the restricted stock is allotted until the date on which the recipient ceases to serve as a director of the Company |
| Conditions for lifting transfer restrictions | The recipient must remain a director continuously from the start date of the transfer restriction period until the date of the first annual general meeting of shareholders of the Company held thereafter. If the recipient ceases to serve as a director for a reason deemed legitimate, the transfer restriction will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from April 2026 through the month including the date of departure, divided by 12. In the event of a corporate reorganization or similar event, the restriction will be lifted based on the prescribed pro rata allocation for the relevant period. |
| Reason for acquisition without consideration | If the recipient ceases to serve as a director without a reason deemed legitimate by the Board of Directors before the day preceding the date of the first annual general meeting of shareholders held after the start date of the transfer restriction period. If any shares remain subject to the transfer restriction when the period expires. If any shares remain subject to the transfer restriction as a result of a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 8 directors of the Company, excluding outside directors; 15,127 shares |
| Total Stock-Based Compensation | Aggregate monetary compensation receivables of ¥83,289,262. The annual compensation limit is ¥1.8 billion or less. |
| Impact on Business Performance | No impact on financial results from this disposition of treasury shares is stated. |
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 provide directors with an incentive to achieve sustained increases in corporate value and to promote the sharing of value between directors and shareholders.
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.