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
14400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much14,400Shares
14,400 shares of the Company's common stock (treasury shares)
4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors8,500 shares
3 executive officers who do not concurrently serve as directors of the Company3,000 shares
5 employees of the Company2,900 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.
¥2,450 per share
Total issue value
¥35,280,000
Amount of funds to be raised
Total payment amount: ¥35,280,000. Estimated net proceeds: Not disclosed
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury shares only)
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
From 7 August 2026 until immediately after the recipient resigns or retires from a specified position at the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a designated position at the Company or one of its subsidiaries during the service provision period (from the date on which duties commence until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter), the transfer restrictions on all shares will be lifted when the restriction period expires. In the event of retirement or resignation due to the expiration of the term of office, reaching the retirement age or other legitimate reasons, the transfer restrictions will be lifted for a number of shares corresponding to the recipient's months of service.
Reason for acquisition without consideration
If, during the restriction period, a recipient engages in a violation of laws or regulations or otherwise meets any of the grounds specified in the relevant allocation agreement, the Company will acquire all shares held by that recipient without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted when the restriction period expires or upon a specified retirement or resignation.
Categories and Number of Persons Covered
4 directors: 8,500 shares; 3 executive officers who do not concurrently serve as directors: 3,000 shares; 5 employees: 2,900 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral, or otherwise disposed of. During this period, they will be managed in a dedicated account at Nomura Securities Co., Ltd.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,450. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
The matter was referred to the Nomination and Compensation Committee, which provided its recommendation. At the ordinary general meeting of shareholders held on 26 June 2025, approval was obtained for the compensation limit and other matters relating to eligible directors.
Impact on Business Performance
No impact on financial results from this treasury share disposal has been disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 14,400 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,450 per share |
| Total issue value | ¥35,280,000 |
| Amount of funds to be raised | Total payment amount: ¥35,280,000. Estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Name 4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors / Number of Shares 8,500 shares, Name 3 executive officers who do not concurrently serve as directors of the Company / Number of Shares 3,000 shares, Name 5 employees of the Company / Number of Shares 2,900 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral, or otherwise disposed of. During this period, they will be managed in a dedicated account at Nomura Securities Co., Ltd. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| 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 stock on the Tokyo Stock Exchange Standard Market on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,450. No discount or premium rate is stated. |
| Transfer restriction period | From 7 August 2026 until immediately after the recipient resigns or retires from a specified position at the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a designated position at the Company or one of its subsidiaries during the service provision period (from the date on which duties commence until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter), the transfer restrictions on all shares will be lifted when the restriction period expires. In the event of retirement or resignation due to the expiration of the term of office, reaching the retirement age or other legitimate reasons, the transfer restrictions will be lifted for a number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | If, during the restriction period, a recipient engages in a violation of laws or regulations or otherwise meets any of the grounds specified in the relevant allocation agreement, the Company will acquire all shares held by that recipient without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted when the restriction period expires or upon a specified retirement or resignation. |
| Categories and Number of Persons Covered | 4 directors: 8,500 shares; 3 executive officers who do not concurrently serve as directors: 3,000 shares; 5 employees: 2,900 shares |
| Procedures under the Corporate Code of Conduct | The matter was referred to the Nomination and Compensation Committee, which provided its recommendation. At the ordinary general meeting of shareholders held on 26 June 2025, approval was obtained for the compensation limit and other matters relating to eligible directors. |
| Impact on Business Performance | No impact on financial results from this treasury share disposal has been disclosed. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsTotal Stock-Based CompensationUnderwriter / 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 other recipients with an incentive to achieve sustained growth in the Company's corporate value, promote further value sharing with shareholders, and further enhance their motivation.
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.