Worth reading
43Recurring
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
11933
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much11,933Shares
11,933 treasury shares
The Company’s directors, excluding outside directors and directors serving as Audit and Supervisory Committee Members4 / 9,192 shares
The company's executive officers who do not concurrently serve as directors4 / 2,741 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.
¥3,115 per share
Total issue value
¥37,171,295
Total Stock-Based Compensation
Monetary claims totaling ¥37,171,295. The annual limit on monetary claims under the plan is ¥50 million.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 15 July 2026 until immediately after the recipient retires or leaves any position as a director of the company, an executive officer who does not concurrently serve as a director, or any other equivalent position
Conditions for lifting transfer restrictions
Provided that the eligible directors and other recipients continuously hold the prescribed positions during the transfer restriction period, the transfer restrictions on all shares will be lifted when the transfer restriction period expires. If a recipient retires or leaves a position upon expiration of the term of office, reaching mandatory retirement age or for another legitimate reason, the restrictions on the number of shares corresponding to the recipient's period of service will be lifted immediately after retirement or departure.
Reason for acquisition without consideration
The company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the company will also acquire without consideration any shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
4 directors of the company, excluding outside directors and directors serving as Audit and Supervisory Committee members, 9,192 shares; 4 executive officers of the company who do not concurrently serve as directors, 2,741 shares
Intended allottee's holding policy
During the transfer restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restriction period will run from 15 July 2026 until immediately after the recipient retires or leaves the applicable position.
Payment date
15 July 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange Prime Market on 15 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,115. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
At the 122nd Annual General Meeting of Shareholders held on 16 June 2026, approval was obtained for the monetary compensation and the transfer restriction period.
Impact on Business Performance
No information was provided regarding the impact of this disposal of treasury shares on operating results.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 11,933 treasury shares |
| Issue price and disposal price | ¥3,115 per share |
| Total issue value | ¥37,171,295 |
| Payment date | 15 July 2026 |
| Intended allottee | Name The Company’s directors, excluding outside directors and directors serving as Audit and Supervisory Committee Members / Number of Employees 4 / Number of Shares 9,192 shares, Name The company's executive officers who do not concurrently serve as directors / Number of Employees 4 / Number of Shares 2,741 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restriction period will run from 15 July 2026 until immediately after the recipient retires or leaves the applicable position. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange Prime Market on 15 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,115. No discount or premium was stated. |
| Transfer restriction period | From 15 July 2026 until immediately after the recipient retires or leaves any position as a director of the company, an executive officer who does not concurrently serve as a director, or any other equivalent position |
| Conditions for lifting transfer restrictions | Provided that the eligible directors and other recipients continuously hold the prescribed positions during the transfer restriction period, the transfer restrictions on all shares will be lifted when the transfer restriction period expires. If a recipient retires or leaves a position upon expiration of the term of office, reaching mandatory retirement age or for another legitimate reason, the restrictions on the number of shares corresponding to the recipient's period of service will be lifted immediately after retirement or departure. |
| Reason for acquisition without consideration | The company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors of the company, excluding outside directors and directors serving as Audit and Supervisory Committee members, 9,192 shares; 4 executive officers of the company who do not concurrently serve as directors, 2,741 shares |
| Total Stock-Based Compensation | Monetary claims totaling ¥37,171,295. The annual limit on monetary claims under the plan is ¥50 million. |
| Procedures under the Corporate Code of Conduct | At the 122nd Annual General Meeting of Shareholders held on 16 June 2026, approval was obtained for the monetary compensation and the transfer restriction period. |
| Impact on Business Performance | No information was provided regarding the impact of this disposal of treasury shares on operating results. |
Items this document does not state (12)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise 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 provide the eligible directors and others with an incentive to achieve sustained growth in corporate value and to further promote the sharing of value with shareholders.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.