Worth reading
35Immaterial
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
21200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much21,200Shares
21,200 common shares of the Company (treasury shares)
4 directors (excluding outside directors)11,600 shares
6 executive officers9,600 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.
¥1,102 per share
Total issue value
¥23,362,400
Total Stock-Based Compensation
Total monetary compensation claims: ¥23,362,400
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 24 July 2026 (the payment date) until the date on which the applicable officer ceases to be both a director and an executive officer of the Company (in certain cases, until the date of submission of the semi-annual report)
Conditions for lifting transfer restrictions
The applicable officer must continuously hold the position of director or executive officer of the Company throughout the applicable service period. If the officer ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted when the restriction period expires. Other grounds for acquisition without consideration are set out in the transfer restriction agreement.
Stock Split Ratio3 shares for each 1 share; effective date: Not disclosed (implemented with 30 September 2024 as the record date)
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 11,600 shares, Category Executive officers / Number of Employees 6 / Number of allocated shares 9,600 shares
Intended allottee's holding policy
From 24 July 2026 until the date on which the applicable officer ceases to be both a director and an executive officer of the Company, the shares may not be transferred, pledged or otherwise disposed of. Any shares for which the transfer restrictions have not been lifted when the restriction period expires will be acquired by the Company without consideration.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,102. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 21,200 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,102 per share |
| Total issue value | ¥23,362,400 |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 11,600 shares, Category 6 executive officers / Number of Shares 9,600 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which the applicable officer ceases to be both a director and an executive officer of the Company, the shares may not be transferred, pledged or otherwise disposed of. Any shares for which the transfer restrictions have not been lifted when the restriction period expires will be acquired by the Company without consideration. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,102. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026 (the payment date) until the date on which the applicable officer ceases to be both a director and an executive officer of the Company (in certain cases, until the date of submission of the semi-annual report) |
| Conditions for lifting transfer restrictions | The applicable officer must continuously hold the position of director or executive officer of the Company throughout the applicable service period. If the officer ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted when the restriction period expires. Other grounds for acquisition without consideration are set out in the transfer restriction agreement. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 11,600 shares, Category Executive officers / Number of Employees 6 / Number of allocated shares 9,600 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥23,362,400 |
| Stock Split Ratio | 3 shares for each 1 share; effective date: Not disclosed (implemented with 30 September 2024 as the record date) |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 for the sustained enhancement of corporate value and further promote value sharing with shareholders, and to reduce part of the monthly base compensation and switch the equivalent amount to restricted stock compensation.
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.