Worth reading
42Recurring
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
13702
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much13,702Shares
13,702 shares of the Company's common stock (treasury shares)
Directors1 / 3,699 shares
Senior executive officers and executive officers5 / 10,003 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.
¥1,406 per share
Total issue value
¥19,265,012
Amount of funds to be raised
Total payment amount: ¥19,265,012; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims: ¥19,265,012
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 May 2026 until the date on which the eligible officer retires as a director, senior executive officer or executive officer
Conditions for lifting transfer restrictions
Provided that the eligible officer continuously holds the prescribed position during the service period, all of the allocated shares will be released from the transfer restrictions upon expiration of the restriction period. If the eligible officer retires due to death or any other reason deemed valid by the Board of Directors, the number of shares released will correspond to the number of months in office.
Reason for acquisition without consideration
Upon expiration of the restriction period, or immediately after retirement in the event of retirement for a valid reason, the Company will automatically acquire without consideration any allocated shares that remain subject to the transfer restrictions.
Categories and Number of Persons Covered
Category Directors / Number of Employees 1 / Number of allocated shares 3,699 shares, Category Senior executive officers and executive officers / Number of Employees 5 / Number of allocated shares 10,003 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period will run from 22 May 2026 until the date on which the eligible officer retires from the prescribed position.
Payment date
22 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,406.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 13,702 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,406 per share |
| Total issue value | ¥19,265,012 |
| Amount of funds to be raised | Total payment amount: ¥19,265,012; estimated net proceeds: Not disclosed |
| Payment date | 22 May 2026 |
| Intended allottee | Name Directors / Number of Employees 1 / Number of Shares 3,699 shares, Name Senior executive officers and executive officers / Number of Employees 5 / Number of Shares 10,003 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period will run from 22 May 2026 until the date on which the eligible officer retires from the prescribed position. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,406. |
| Transfer restriction period | From 22 May 2026 until the date on which the eligible officer retires as a director, senior executive officer or executive officer |
| Conditions for lifting transfer restrictions | Provided that the eligible officer continuously holds the prescribed position during the service period, all of the allocated shares will be released from the transfer restrictions upon expiration of the restriction period. If the eligible officer retires due to death or any other reason deemed valid by the Board of Directors, the number of shares released will correspond to the number of months in office. |
| Reason for acquisition without consideration | Upon expiration of the restriction period, or immediately after retirement in the event of retirement for a valid reason, the Company will automatically acquire without consideration any allocated shares that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | Category Directors / Number of Employees 1 / Number of allocated shares 3,699 shares, Category Senior executive officers and executive officers / Number of Employees 5 / Number of allocated shares 10,003 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥19,265,012 |
Items this document does not state (14)
Estimated 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 provide an incentive to continuously enhance the Company's corporate value and further promote value sharing with shareholders. The Company also took into consideration the purpose of this plan, the scope of responsibilities of each eligible officer and other relevant factors.
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.