Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
19964
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much19,964Shares
19,964 common shares (new shares)
4 of the Company's directors (including outside directors)14,116 shares
2 executive officers of the Company who do not concurrently serve as directors3,570 shares
1 employee of the Company2,278 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.
¥2,110 per share
Total issue value
¥42,124,040
Amount of funds to be raised
Total payment amount: ¥42,124,040 (through an in-kind contribution of monetary claims); estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥42,124,040
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
3 years (from 15 May 2026 to 14 May 2029)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the period, provided that the individual has continuously held one of the following positions during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, Audit & Supervisory Board Member, or employee of the Company. If the individual retires from office or employment upon expiration of the term of office or for another legitimate reason, the transfer restrictions will be fully lifted immediately after such retirement.
Reason for acquisition without consideration
If the individual engages in a violation of laws or regulations during the transfer restriction period or otherwise falls under certain circumstances specified in the relevant allocation agreement, or if the transfer restrictions are not lifted upon expiration of the transfer restriction period, the Company will acquire all of the relevant shares for no consideration.
Stock Split Ratio2-for-1 stock split, effective 1 January 2024
Categories and Number of Persons Covered
4 of the Company's directors (including outside directors), 14,116 shares; 2 executive officers who do not concurrently serve as directors of the Company, 3,570 shares; 1 employee of the Company, 2,278 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged, or otherwise disposed of in any manner. The transfer restriction period runs from 15 May 2026 to 14 May 2029.
Payment date
15 May 2026
Basis for determining the amount to be paid
Based on the closing price of the Company's common shares of ¥2,110 on the Tokyo Stock Exchange Growth Market on 16 April 2026. No discount or premium rate is stated.
Impact on Business Performance
No impact on financial results from the issuance of these new shares is stated
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 19,964 common shares (new shares) |
| Issue price and disposal price | ¥2,110 per share |
| Total issue value | ¥42,124,040 |
| Amount of funds to be raised | Total payment amount: ¥42,124,040 (through an in-kind contribution of monetary claims); estimated net proceeds: Not disclosed |
| Payment date | 15 May 2026 |
| Intended allottee | Name 4 of the Company's directors (including outside directors) / Number of Shares 14,116 shares, Name 2 executive officers of the Company who do not concurrently serve as directors / Number of Shares 3,570 shares, Name 1 employee of the Company / Number of Shares 2,278 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged, or otherwise disposed of in any manner. The transfer restriction period runs from 15 May 2026 to 14 May 2029. |
| Basis for determining the amount to be paid | Based on the closing price of the Company's common shares of ¥2,110 on the Tokyo Stock Exchange Growth Market on 16 April 2026. No discount or premium rate is stated. |
| Transfer restriction period | 3 years (from 15 May 2026 to 14 May 2029) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the period, provided that the individual has continuously held one of the following positions during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, Audit & Supervisory Board Member, or employee of the Company. If the individual retires from office or employment upon expiration of the term of office or for another legitimate reason, the transfer restrictions will be fully lifted immediately after such retirement. |
| Reason for acquisition without consideration | If the individual engages in a violation of laws or regulations during the transfer restriction period or otherwise falls under certain circumstances specified in the relevant allocation agreement, or if the transfer restrictions are not lifted upon expiration of the transfer restriction period, the Company will acquire all of the relevant shares for no consideration. |
| Categories and Number of Persons Covered | 4 of the Company's directors (including outside directors), 14,116 shares; 2 executive officers who do not concurrently serve as directors of the Company, 3,570 shares; 1 employee of the Company, 2,278 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥42,124,040 |
| Stock Split Ratio | 2-for-1 stock split, effective 1 January 2024 |
| Impact on Business Performance | No impact on financial results from the issuance of these new shares 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 underwriterOverallotmentProcedures 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 the eligible individuals with an incentive to achieve sustained growth in corporate value, promote value sharing with shareholders, and further enhance their motivation.
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.