Worth reading
50Recurring
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
524400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much524,400Shares
524,400 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding outside directors)2 / 130,000 shares
The Company's employees (including executive officers, advisers and consultants)51 / 394,400 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.
¥186 per share
Total issue value
¥97,538,400
Amount of funds to be raised
Total payment amount: ¥97,538,400; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥97,538,400. The total annual limit on compensation, etc. for the eligible directors is ¥200 million.
発行済株式総数
Not applicable (disposal of treasury 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 14 August 2026 until the date on which the recipient ceases to hold the position of either director or employee of the Company. However, if that date falls on or before 30 June 2027, the period will continue until 1 July 2027.
Conditions for lifting transfer restrictions
A director must continuously hold the position of director until the first annual general meeting of shareholders held after the start date of the transfer restriction period, and an employee must continuously hold the position of employee until the end of the first fiscal year ending after the start date of the transfer restriction period. In the event of retirement or resignation for a reason deemed justifiable, the restrictions will be lifted immediately thereafter. In the event of retirement or resignation due to a corporate reorganization or other similar event, the restrictions will be lifted immediately before the business day preceding the effective date, subject to certain conditions.
Reason for acquisition without consideration
If a recipient ceases to hold the position of director or employee before the prescribed time, except where the Board of Directors determines that there is a justifiable reason. This also applies if any shares remain subject to the transfer restrictions when the restriction period expires.
Categories and Number of Persons Covered
The Company's directors (excluding outside directors): 2 people, 130,000 shares; the Company's employees (including executive officers, advisers and consultants): 51 people, 394,400 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to any third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of. Until the transfer restrictions are lifted, the shares will be held and maintained in an account designated by SMBC Nikko Securities Inc.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 15 July 2026 was ¥186. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
At the 21st Annual General Meeting of Shareholders held on 25 June 2024, approval was obtained for the introduction of the restricted stock compensation plan, the aggregate limit on compensation receivables, the share number limit, the transfer restriction period and other matters.
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 | 524,400 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥186 per share |
| Total issue value | ¥97,538,400 |
| Amount of funds to be raised | Total payment amount: ¥97,538,400; estimated net proceeds: Not disclosed |
| Payment date | 14 August 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 2 / Number of Shares 130,000 shares, Category The Company's employees (including executive officers, advisers and consultants) / Number of Employees 51 / Number of Shares 394,400 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to any third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of. Until the transfer restrictions are lifted, the shares will be held and maintained in an account designated by SMBC Nikko Securities Inc. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 15 July 2026 was ¥186. No discount or premium rate is stated. |
| Transfer restriction period | From 14 August 2026 until the date on which the recipient ceases to hold the position of either director or employee of the Company. However, if that date falls on or before 30 June 2027, the period will continue until 1 July 2027. |
| Conditions for lifting transfer restrictions | A director must continuously hold the position of director until the first annual general meeting of shareholders held after the start date of the transfer restriction period, and an employee must continuously hold the position of employee until the end of the first fiscal year ending after the start date of the transfer restriction period. In the event of retirement or resignation for a reason deemed justifiable, the restrictions will be lifted immediately thereafter. In the event of retirement or resignation due to a corporate reorganization or other similar event, the restrictions will be lifted immediately before the business day preceding the effective date, subject to certain conditions. |
| Reason for acquisition without consideration | If a recipient ceases to hold the position of director or employee before the prescribed time, except where the Board of Directors determines that there is a justifiable reason. This also applies if any shares remain subject to the transfer restrictions when the restriction period expires. |
| Categories and Number of Persons Covered | The Company's directors (excluding outside directors): 2 people, 130,000 shares; the Company's employees (including executive officers, advisers and consultants): 51 people, 394,400 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥97,538,400. The total annual limit on compensation, etc. for the eligible directors is ¥200 million. |
| Procedures under the Corporate Code of Conduct | At the 21st Annual General Meeting of Shareholders held on 25 June 2024, approval was obtained for the introduction of the restricted stock compensation plan, the aggregate limit on compensation receivables, the share number limit, the transfer restriction period and other matters. |
| Impact on Business Performance | No impact on business performance stated |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 enable the eligible recipients to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to higher share prices and enhanced 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.