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
91800
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much91,800Shares
91,800 shares of the Company's common stock (treasury shares)
5 directors of the Company, excluding outside directors44,700 shares
8 of the Company's executive officers39,000 shares
3 of the Company's corporate advisers8,100 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.
¥422 per share
Total issue value
¥38,739,600
Amount of funds to be raised
Total payment amount: ¥38,739,600; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation claims under this plan)
Total Stock-Based Compensation
Total monetary compensation claims: ¥38,739,600
発行済株式総数
Not applicable (disposal of treasury shares)
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
25 May 2026 to 25 May 2046 (20 years)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the recipient continuously holds one of the following positions during that period: director of the Company, executive officer who does not concurrently serve as a director, or corporate adviser. In the event of retirement upon expiration of a term of office, reaching retirement age or for another legitimate reason, the restrictions will be lifted for the number of shares corresponding to the period of service. In the event of retirement due to death, the restrictions will be lifted at a time separately determined by the Board of Directors.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 44,700 shares, Category The Company's executive officers / Number of Employees 8 independent officers / Number of allocated shares 39,000 shares, Category The Company's corporate advisers / Number of Employees 3 / Number of allocated shares 8,100 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. Provided that the eligible directors and others remain continuously in the prescribed positions throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of that period.
Payment date
25 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 24 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥422. No discount or premium was 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 | 91,800 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥422 per share |
| Total issue value | ¥38,739,600 |
| Amount of funds to be raised | Total payment amount: ¥38,739,600; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation claims under this plan) |
| Payment date | 25 May 2026 |
| Intended allottee | Name 5 directors of the Company, excluding outside directors / Number of Shares 44,700 shares, Name 8 of the Company's executive officers / Number of Shares 39,000 shares, Name 3 of the Company's corporate advisers / Number of Shares 8,100 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. Provided that the eligible directors and others remain continuously in the prescribed positions throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of that period. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | 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 Prime Market on 24 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥422. No discount or premium was stated. |
| Transfer restriction period | 25 May 2026 to 25 May 2046 (20 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the recipient continuously holds one of the following positions during that period: director of the Company, executive officer who does not concurrently serve as a director, or corporate adviser. In the event of retirement upon expiration of a term of office, reaching retirement age or for another legitimate reason, the restrictions will be lifted for the number of shares corresponding to the period of service. In the event of retirement due to death, the restrictions will be lifted at a time separately determined by the Board of Directors. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 44,700 shares, Category The Company's executive officers / Number of Employees 8 independent officers / Number of allocated shares 39,000 shares, Category The Company's corporate advisers / Number of Employees 3 / Number of allocated shares 8,100 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥38,739,600 |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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.The purpose is to provide incentives for the sustainable enhancement of corporate value, share value with shareholders, and further motivate the eligible directors and others.
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.