Worth reading
42Recurring
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
8700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
8,700 shares of the Company's common stock (5,300 shares for 3 directors and 3,400 shares for 14 executive officers)
3 directors (excluding outside directors)5,300 shares
14 executive officers (excluding non-residents)3,400 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.
¥6,441 per share
Total issue value
¥56,036,700
Amount of funds to be raised
Total amount paid: ¥56,036,700. However, the directors are not required to make cash payments or contribute property in kind, while the executive officers will contribute in kind monetary claims paid by the Company. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Up to ¥100 million per year (the compensation limit under the plan for directors)
発行済株式総数
0.01% of total shares issued
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 27 April 2026 until the date on which the eligible officer resigns or retires from all positions as a director, audit & supervisory board member, executive officer, employee or other officer or staff member of the Company, or, in certain cases, until immediately after the relevant semi-annual securities report is filed
Conditions for lifting transfer restrictions
For directors, the individual must continuously hold the position of director from the date of the Company's annual general meeting of shareholders immediately preceding the allocation date through the date of the following year's annual general meeting. For executive officers, the individual must continuously hold the position of executive officer from 1 January through 31 December of the year in which the payment date falls. If the individual resigns for reasons such as death or other reasons deemed justifiable by the Board of Directors, the restrictions will be lifted on a number of shares determined based on the period of service, or on all shares in the event of death.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted when the restriction period expires, as well as any shares whose transfer restrictions are not lifted on the day following the date on which the eligible officer resigns during the service period. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 5,300 shares, Category Executive officers (excluding non-residents) / Number of Employees 14 / Number of allocated shares 3,400 shares
Intended allottee's holding policy
From 27 April 2026 until the date on which the eligible officer resigns or retires from all positions as a director, audit & supervisory board member, executive officer, employee or other officer or staff member of the Company, or, in certain cases, until immediately after the semi-annual securities report is filed, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
27 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 26 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥6,441. No discount or premium rate was disclosed.
Impact on Business Performance
No impact on business performance 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 | 8,700 shares of the Company's common stock (5,300 shares for 3 directors and 3,400 shares for 14 executive officers) |
| Issue price and disposal price | ¥6,441 per share |
| Total issue value | ¥56,036,700 |
| Amount of funds to be raised | Total amount paid: ¥56,036,700. However, the directors are not required to make cash payments or contribute property in kind, while the executive officers will contribute in kind monetary claims paid by the Company. Estimated net proceeds: Not disclosed |
| Payment date | 27 April 2026 |
| Intended allottee | Name 3 directors (excluding outside directors) / Number of Shares 5,300 shares, Name 14 executive officers (excluding non-residents) / Number of Shares 3,400 shares |
| Intended allottee's holding policy | From 27 April 2026 until the date on which the eligible officer resigns or retires from all positions as a director, audit & supervisory board member, executive officer, employee or other officer or staff member of the Company, or, in certain cases, until immediately after the semi-annual securities report is filed, the shares may not be transferred, pledged or otherwise disposed of. |
| Dilution Rate | 0.01% of total shares issued |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 26 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥6,441. No discount or premium rate was disclosed. |
| Transfer restriction period | From 27 April 2026 until the date on which the eligible officer resigns or retires from all positions as a director, audit & supervisory board member, executive officer, employee or other officer or staff member of the Company, or, in certain cases, until immediately after the relevant semi-annual securities report is filed |
| Conditions for lifting transfer restrictions | For directors, the individual must continuously hold the position of director from the date of the Company's annual general meeting of shareholders immediately preceding the allocation date through the date of the following year's annual general meeting. For executive officers, the individual must continuously hold the position of executive officer from 1 January through 31 December of the year in which the payment date falls. If the individual resigns for reasons such as death or other reasons deemed justifiable by the Board of Directors, the restrictions will be lifted on a number of shares determined based on the period of service, or on all shares in the event of death. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted when the restriction period expires, as well as any shares whose transfer restrictions are not lifted on the day following the date on which the eligible officer resigns during the service period. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 5,300 shares, Category Executive officers (excluding non-residents) / Number of Employees 14 / Number of allocated shares 3,400 shares |
| Total Stock-Based Compensation | Up to ¥100 million per year (the compensation limit under the plan for directors) |
| Impact on Business Performance | No impact on business performance stated |
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 directors and executive officers with incentives to pursue sustained growth in corporate value and to further promote value sharing with shareholders. The decision also took into account the purpose of the plan, the scope of responsibilities of each eligible officer 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.