Worth reading
52Recurring
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
45600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much45,600Shares
45,600 common shares of the company (treasury shares)
10 directors of the company, excluding directors who are Audit & Supervisory Committee Members25,400 shares
3 of the Company's directors who are Audit & Supervisory Committee members3,200 shares
8 executive officers and others of the company17,000 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.
¥2,128 per share
Total issue value
¥97,036,800
Amount of funds to be raised
Total payment amount of ¥97,036,800 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation claims of ¥97,036,800
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
30 years (from 24 July 2026 through 23 July 2056)
Conditions for lifting transfer restrictions
On the condition that the recipient has continuously held one of the following positions at the company or one of its subsidiaries during the transfer restriction period, the transfer restrictions on all shares will be lifted upon expiration of the transfer restriction period: director, executive officer, Audit & Supervisory Board Member, adviser, counselor, employee or any equivalent position. In the event of retirement or resignation due to expiration of the term of office or another legitimate reason, the transfer restrictions will be lifted for a number of shares calculated in proportion to the number of months in office.
Reason for acquisition without consideration
The company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiration of the transfer restriction period or at the time the transfer restrictions are lifted. In the event of a corporate reorganization or similar event, the company will also acquire without consideration any shares for which the transfer restrictions remain after the restrictions are lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 10 / Number of allocated shares 25,400 shares, Category Directors of the Company who are Audit and Supervisory Committee members / Number of Employees 3 / Number of allocated shares 3,200 shares, Category Executive officers and others of the company / Number of Employees 8 independent officers / Number of allocated shares 17,000 shares
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, the creation of security interests and all other dispositions are prohibited. The transfer restriction period is 30 years.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange Prime Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,128. No discount or premium rate 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 | 45,600 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥2,128 per share |
| Total issue value | ¥97,036,800 |
| Amount of funds to be raised | Total payment amount of ¥97,036,800 (estimated net proceeds: Not disclosed) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 10 directors of the company, excluding directors who are Audit & Supervisory Committee Members / Number of Shares 25,400 shares, Name 3 of the Company's directors who are Audit & Supervisory Committee members / Number of Shares 3,200 shares, Name 8 executive officers and others of the company / Number of Shares 17,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, the creation of security interests and all other dispositions are prohibited. The transfer restriction period is 30 years. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange Prime Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,128. No discount or premium rate is stated. |
| Transfer restriction period | 30 years (from 24 July 2026 through 23 July 2056) |
| Conditions for lifting transfer restrictions | On the condition that the recipient has continuously held one of the following positions at the company or one of its subsidiaries during the transfer restriction period, the transfer restrictions on all shares will be lifted upon expiration of the transfer restriction period: director, executive officer, Audit & Supervisory Board Member, adviser, counselor, employee or any equivalent position. In the event of retirement or resignation due to expiration of the term of office or another legitimate reason, the transfer restrictions will be lifted for a number of shares calculated in proportion to the number of months in office. |
| Reason for acquisition without consideration | The company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiration of the transfer restriction period or at the time the transfer restrictions are lifted. In the event of a corporate reorganization or similar event, the company will also acquire without consideration any shares for which the transfer restrictions remain after the restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 10 / Number of allocated shares 25,400 shares, Category Directors of the Company who are Audit and Supervisory Committee members / Number of Employees 3 / Number of allocated shares 3,200 shares, Category Executive officers and others of the company / Number of Employees 8 independent officers / Number of allocated shares 17,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥97,036,800 |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures 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 an incentive to achieve sustained growth in corporate value and promote the sharing of value with shareholders over the medium to long term. The purpose is also to further enhance the motivation of each recipient.
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.