Worth reading
45Recurring
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
0.04
% (percentage of total shares outstanding)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,920Shares
Treasury shares: 6,920 common shares of the Company
5 directors (excluding directors who are non-residents of Japan, directors serving as Audit and Supervisory Committee Members, and outside directors): 6,920 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,782 per share
Total issue value
¥12,331,440
Amount of funds to be raised
Total payment amount: ¥12,331,440; estimated net proceeds: ¥12,331,440 (as the shares will be paid for through an in-kind contribution of monetary compensation receivables granted under the plan, this does not constitute cash funding)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥12,331,440 (the annual limit for monetary compensation receivables under the plan is ¥50 million)
発行済株式総数
0.04% (percentage of total issued shares)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 23 July 2026, the payment date, until the date on which all directors, executive officers and employees of the Company or its subsidiaries retire or resign
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of director, executive officer or employee of the Company or its subsidiaries throughout the service provision period, from the date of the Company's annual general meeting of shareholders immediately preceding the payment date until the date of the Company's annual general meeting of shareholders held in the following year. If the recipient retires or resigns during the period due to death or another reason deemed valid by the Company's Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the recipient's months of service.
Reason for acquisition without consideration
At the end of the restriction period, the Company will automatically acquire without consideration any of the allotted shares for which the restrictions have not been released.
Categories and Number of Persons Covered
5 directors: 6,920 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period runs from 23 July 2026 until the date on which all directors, executive officers and employees of the Company or its subsidiaries retire or resign.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,782. No discount or premium applies.
Impact on Business Performance
The impact of this disposal of treasury shares on financial results is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Treasury shares: 6,920 common shares of the Company |
| Issue price and disposal price | ¥1,782 per share |
| Total issue value | ¥12,331,440 |
| Amount of funds to be raised | Total payment amount: ¥12,331,440; estimated net proceeds: ¥12,331,440 (as the shares will be paid for through an in-kind contribution of monetary compensation receivables granted under the plan, this does not constitute cash funding) |
| Payment date | 23 July 2026 |
| Intended allottee | 5 directors (excluding directors who are non-residents of Japan, directors serving as Audit and Supervisory Committee Members, and outside directors): 6,920 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period runs from 23 July 2026 until the date on which all directors, executive officers and employees of the Company or its subsidiaries retire or resign. |
| Dilution Rate | 0.04% (percentage of total issued shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,782. No discount or premium applies. |
| Transfer restriction period | From 23 July 2026, the payment date, until the date on which all directors, executive officers and employees of the Company or its subsidiaries retire or resign |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, executive officer or employee of the Company or its subsidiaries throughout the service provision period, from the date of the Company's annual general meeting of shareholders immediately preceding the payment date until the date of the Company's annual general meeting of shareholders held in the following year. If the recipient retires or resigns during the period due to death or another reason deemed valid by the Company's Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | At the end of the restriction period, the Company will automatically acquire without consideration any of the allotted shares for which the restrictions have not been released. |
| Categories and Number of Persons Covered | 5 directors: 6,920 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥12,331,440 (the annual limit for monetary compensation receivables under the plan is ¥50 million) |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsTotal 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 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 directors with an incentive to achieve sustained growth in corporate value and shareholder value over the medium to long term, and to promote the sharing of value with shareholders. The number of shares allocated was determined after taking into consideration the purpose of the plan, the Company's performance, and the scope of responsibilities of each eligible director.
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.