Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10000
sharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much10,000Shares
10,000 common shares (new shares)
2 directors10,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥127 per share
Total issue value
¥1,270,000
Amount of funds to be raised
Total payment amount: ¥1,270,000; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation claims granted to the eligible directors)
Total Stock-Based Compensation
Total monetary compensation claims: ¥1,270,000. The total annual compensation claims under the plan are capped at ¥30 million.
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 (19 November 2026 to 18 November 2029)
Conditions for lifting transfer restrictions
The director must remain in office as a director of the company continuously through the date of the first Ordinary General Meeting of Shareholders held after the start date of the transfer restriction period. If the director changes from office to retirement or leaves employment due to death or another reason deemed valid by the Board of Directors, the restriction will be lifted in part according to the period of service.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the company will acquire without consideration all shares for which the transfer restriction has not been lifted. In the event of a reorganization or similar transaction, the company will also acquire without consideration any shares for which the restriction remains in place after the transfer restriction is lifted.
Categories and Number of Persons Covered
2 directors, 10,000 shares
Intended allottee's holding policy
Transfers, the creation of security interests and any other disposal will be prohibited from 19 November 2026 through 18 November 2029. If an eligible director meets certain conditions, the transfer restriction will be lifted upon expiration of the transfer restriction period.
Payment date
19 November 2026
Basis for determining the amount to be paid
The closing price of the common shares on the Tokyo Stock Exchange on 26 October 2026 was ¥127. No discount or premium rate was 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 | 10,000 common shares (new shares) |
| Issue price and disposal price | ¥127 per share |
| Total issue value | ¥1,270,000 |
| Amount of funds to be raised | Total payment amount: ¥1,270,000; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation claims granted to the eligible directors) |
| Payment date | 19 November 2026 |
| Intended allottee | Category 2 directors / Number of Shares 10,000 shares |
| Intended allottee's holding policy | Transfers, the creation of security interests and any other disposal will be prohibited from 19 November 2026 through 18 November 2029. If an eligible director meets certain conditions, the transfer restriction will be lifted upon expiration of the transfer restriction period. |
| Basis for determining the amount to be paid | The closing price of the common shares on the Tokyo Stock Exchange on 26 October 2026 was ¥127. No discount or premium rate was stated. |
| Transfer restriction period | 3 years (19 November 2026 to 18 November 2029) |
| Conditions for lifting transfer restrictions | The director must remain in office as a director of the company continuously through the date of the first Ordinary General Meeting of Shareholders held after the start date of the transfer restriction period. If the director changes from office to retirement or leaves employment due to death or another reason deemed valid by the Board of Directors, the restriction will be lifted in part according to the period of service. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period, the company will acquire without consideration all shares for which the transfer restriction has not been lifted. In the event of a reorganization or similar transaction, the company will also acquire without consideration any shares for which the restriction remains in place after the transfer restriction is lifted. |
| Categories and Number of Persons Covered | 2 directors, 10,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥1,270,000. The total annual compensation claims under the plan are capped at ¥30 million. |
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 the eligible directors with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The company also considered the purpose of the plan, the company's performance, the scope of each director's responsibilities and other relevant circumstances.
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.