Worth reading
45Recurring
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
3477
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,477Shares
3,477 treasury shares
3 directors of the Company, excluding outside directors2,722 shares
3 executive officers who do not concurrently serve as directors of the Company755 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.
¥7,270 per share
Total issue value
¥25,277,790
Amount of funds to be raised
Total payment amount: ¥25,277,790; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary claims totaling ¥25,277,790. The total annual compensation limit for the eligible directors is ¥50 million or less.
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 23 October 2026 until immediately after the point at which the recipient ceases to hold or leaves any position as a director, executive officer who does not concurrently serve as a director, audit & supervisory board member, special adviser, adviser or counselor, or trustee of the company
Conditions for lifting transfer restrictions
All transfer restrictions will be lifted upon expiry of the transfer restriction period, provided that the recipient continuously held one of the positions of director, executive officer who does not concurrently serve as a director, audit & supervisory board member, special adviser, adviser or counselor, or trustee of the company throughout the service provision period. If the recipient leaves office or employment upon expiry of the term of office, mandatory retirement or for another legitimate reason, the restrictions will be partially lifted according to a specified calculation method.
Reason for acquisition without consideration
If the recipient violates laws or regulations during the transfer restriction period or otherwise falls under certain circumstances specified in the share allotment agreement, the company will acquire all of the shares allotted under the agreement at that time without consideration. The company will also acquire without consideration any shares for which the transfer restrictions are not lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 2,722 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 3 / Number of allocated shares 755 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of. During the transfer restriction period, they will be managed in a designated account at Nomura Securities Co., Ltd.
Payment date
23 October 2026
Basis for determining the amount to be paid
The closing price of ordinary shares on the Standard Market of the Tokyo Stock Exchange on 18 September 2026, ¥7,270. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
The matter was referred to the voluntary Nomination and Compensation Committee for consultation.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 3,477 treasury shares |
| Issue price and disposal price | ¥7,270 per share |
| Total issue value | ¥25,277,790 |
| Amount of funds to be raised | Total payment amount: ¥25,277,790; estimated net proceeds: Not disclosed |
| Payment date | 23 October 2026 |
| Intended allottee | Category 3 directors of the Company, excluding outside directors / Number of Shares 2,722 shares, Category 3 executive officers who do not concurrently serve as directors of the Company / Number of Shares 755 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of. During the transfer restriction period, they will be managed in a designated account at Nomura Securities Co., Ltd. |
| Basis for determining the amount to be paid | The closing price of ordinary shares on the Standard Market of the Tokyo Stock Exchange on 18 September 2026, ¥7,270. No discount or premium rate was stated. |
| Transfer restriction period | From 23 October 2026 until immediately after the point at which the recipient ceases to hold or leaves any position as a director, executive officer who does not concurrently serve as a director, audit & supervisory board member, special adviser, adviser or counselor, or trustee of the company |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted upon expiry of the transfer restriction period, provided that the recipient continuously held one of the positions of director, executive officer who does not concurrently serve as a director, audit & supervisory board member, special adviser, adviser or counselor, or trustee of the company throughout the service provision period. If the recipient leaves office or employment upon expiry of the term of office, mandatory retirement or for another legitimate reason, the restrictions will be partially lifted according to a specified calculation method. |
| Reason for acquisition without consideration | If the recipient violates laws or regulations during the transfer restriction period or otherwise falls under certain circumstances specified in the share allotment agreement, the company will acquire all of the shares allotted under the agreement at that time without consideration. The company will also acquire without consideration any shares for which the transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 2,722 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 3 / Number of allocated shares 755 shares |
| Total Stock-Based Compensation | Monetary claims totaling ¥25,277,790. The total annual compensation limit for the eligible directors is ¥50 million or less. |
| Procedures under the Corporate Code of Conduct | The matter was referred to the voluntary Nomination and Compensation Committee for consultation. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 provide the eligible directors and others with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The arrangement is also intended to further enhance the motivation of each eligible director 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.