Worth reading
39Recurring
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
17281
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much17,281Shares
17,281 treasury shares
10 directors of the Company, excluding outside directors17,281 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,215 per share
Amount of funds to be raised
Total payment amount: ¥20,996,415; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥20,996,415. Compensation is capped at ¥500 million per year, including a maximum of ¥30 million per year for outside directors.
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 22 July 2026 until the date on which the recipient retires as a director of the Company
Conditions for lifting transfer restrictions
The transfer restrictions on all of the allocated shares held at the end of the period will be lifted, provided that the recipient remains a director through the date of the first annual general meeting of shareholders of the Company held after 22 July 2026. If the recipient retires for a valid reason, the restrictions will be lifted on the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month including the retirement date, divided by 12. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted in accordance with the prescribed number of months.
Reason for acquisition without consideration
If the recipient retires by the day before the date of the first annual general meeting of shareholders, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to transfer restrictions when the transfer restriction period expires, or if any shares remain subject to transfer restrictions in the event of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
10 directors of the Company, excluding outside directors; 17,281 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to establish a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The transfer restriction period will run from 22 July 2026 until the date on which the recipient retires as a director of the Company.
Payment date
22 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, ¥1,215. Discount rate and premium rate: 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 | 17,281 treasury shares |
| Issue price and disposal price | ¥1,215 per share |
| Amount of funds to be raised | Total payment amount: ¥20,996,415; estimated net proceeds: Not disclosed |
| Payment date | 22 July 2026 |
| Intended allottee | Name 10 directors of the Company, excluding outside directors / Number of Shares 17,281 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to establish a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The transfer restriction period will run from 22 July 2026 until the date on which the recipient retires as a director of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, ¥1,215. Discount rate and premium rate: Not disclosed. |
| Transfer restriction period | From 22 July 2026 until the date on which the recipient retires as a director of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allocated shares held at the end of the period will be lifted, provided that the recipient remains a director through the date of the first annual general meeting of shareholders of the Company held after 22 July 2026. If the recipient retires for a valid reason, the restrictions will be lifted on the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month including the retirement date, divided by 12. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted in accordance with the prescribed number of months. |
| Reason for acquisition without consideration | If the recipient retires by the day before the date of the first annual general meeting of shareholders, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to transfer restrictions when the transfer restriction period expires, or if any shares remain subject to transfer restrictions in the event of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 10 directors of the Company, excluding outside directors; 17,281 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥20,996,415. Compensation is capped at ¥500 million per year, including a maximum of ¥30 million per year for outside directors. |
Items this document does not state (15)
Total issue valueEstimated 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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.
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.