Worth reading
41Recurring
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
5000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much5,000Shares
5,000 common shares of the Company
2 directors (excluding directors who are Audit and Supervisory Committee Members and outside directors)1,072 shares each
4 executive officers714 shares each
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.
¥2,794 per share
Total issue value
¥13,970,000
Amount of funds to be raised
Total amount paid: ¥13,970,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥13,970,000
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
Class 1 shares allocated under this plan: 3 years from 18 September 2026. Class 2 shares allocated under this plan: from 18 September 2026 until the date of retirement from office, or, for executive officers, the date of retirement from employment.
Conditions for lifting transfer restrictions
For the directors, the restrictions on Class 1 shares will be lifted if they continuously remain in the position of director throughout the restriction period, and the restrictions on Class 2 shares will be lifted if they retire for a reason deemed legitimate by the Board of Directors. For executive officers, the restrictions on Class 1 shares will be lifted if they continuously remain in the position of executive officer throughout the restriction period, among other conditions, and the restrictions on Class 2 shares will be lifted if they retire for a reason other than disciplinary dismissal.
Reason for acquisition without consideration
If the restrictions have not been lifted when the restriction period expires. Also, if any of the specified events set out in the restricted stock allocation agreement occur, including misconduct.
Categories and Number of Persons Covered
2 directors, excluding directors who are Audit and Supervisory Committee members and outside directors, with 1,072 shares each; 4 executive officers, with 714 shares each.
Payment date
18 September 2026
Basis for determining the amount to be paid
The closing price of ¥2,794 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate was disclosed.
Procedures under the Corporate Code of Conduct
Approval to amend the plan was obtained at the Company's 9th Annual General Meeting of Shareholders held on 28 July 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 5,000 common shares of the Company |
| Issue price and disposal price | ¥2,794 per share |
| Total issue value | ¥13,970,000 |
| Amount of funds to be raised | Total amount paid: ¥13,970,000; estimated net proceeds: Not disclosed |
| Payment date | 18 September 2026 |
| Intended allottee | Name 2 directors (excluding directors who are Audit and Supervisory Committee Members and outside directors) / Number of Shares 1,072 shares each, Name 4 executive officers / Number of Shares 714 shares each |
| Basis for determining the amount to be paid | The closing price of ¥2,794 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate was disclosed. |
| Transfer restriction period | Class 1 shares allocated under this plan: 3 years from 18 September 2026. Class 2 shares allocated under this plan: from 18 September 2026 until the date of retirement from office, or, for executive officers, the date of retirement from employment. |
| Conditions for lifting transfer restrictions | For the directors, the restrictions on Class 1 shares will be lifted if they continuously remain in the position of director throughout the restriction period, and the restrictions on Class 2 shares will be lifted if they retire for a reason deemed legitimate by the Board of Directors. For executive officers, the restrictions on Class 1 shares will be lifted if they continuously remain in the position of executive officer throughout the restriction period, among other conditions, and the restrictions on Class 2 shares will be lifted if they retire for a reason other than disciplinary dismissal. |
| Reason for acquisition without consideration | If the restrictions have not been lifted when the restriction period expires. Also, if any of the specified events set out in the restricted stock allocation agreement occur, including misconduct. |
| Categories and Number of Persons Covered | 2 directors, excluding directors who are Audit and Supervisory Committee members and outside directors, with 1,072 shares each; 4 executive officers, with 714 shares each. |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥13,970,000 |
| Procedures under the Corporate Code of Conduct | Approval to amend the plan was obtained at the Company's 9th Annual General Meeting of Shareholders held on 28 July 2026. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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.As part of a review of the executive compensation system, to provide incentives for the sustainable enhancement of corporate value and to align the interests of recipients with shareholder value.
How to read this page
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