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
7000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much7,000Shares
7,000 common shares of the Company (new shares)
4 directors (excluding outside directors)7,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,490 per share
Total issue value
¥24,430,000
Amount of funds to be raised
Total payment amount: ¥24,430,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥24,430,000
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 6 August 2026 until the date on which they cease to serve as directors of the Company
Conditions for lifting transfer restrictions
The recipient must continuously remain a director of the Company from 6 August 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If a recipient ceases to serve as a director due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Stock Split Ratio2 shares for each common share; effective date: 1 April 2025
Categories and Number of Persons Covered
4 directors, excluding outside directors; 7,000 shares
Intended allottee's holding policy
From 6 August 2026 until the date on which they cease to serve as directors of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of.
Payment date
6 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 14 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,490. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 7,000 common shares of the Company (new shares) |
| Issue price and disposal price | ¥3,490 per share |
| Total issue value | ¥24,430,000 |
| Amount of funds to be raised | Total payment amount: ¥24,430,000; estimated net proceeds: Not disclosed |
| Payment date | 6 August 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 7,000 shares |
| Intended allottee's holding policy | From 6 August 2026 until the date on which they cease to serve as directors of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 14 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,490. No discount or premium applies. |
| Transfer restriction period | From 6 August 2026 until the date on which they cease to serve as directors of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously remain a director of the Company from 6 August 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If a recipient ceases to serve as a director due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors; 7,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥24,430,000 |
| Stock Split Ratio | 2 shares for each common share; effective date: 1 April 2025 |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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 the eligible directors with an incentive to achieve sustained growth in the Company's corporate value and to promote value sharing with 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.