Worth reading
43Recurring
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
30400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much30,400Shares
30,400 shares of the Company's common stock (treasury shares)
5 directors of the Company other than directors who are Audit and Supervisory Committee Members30,400 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,130 per share
Total issue value
¥34,352,000
Amount of funds to be raised
Total payment amount: ¥34,352,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥34,352,000 (annual compensation limit: no more than ¥300 million)
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 7 August 2026 to 6 August 2027 (one year)
Conditions for lifting transfer restrictions
All of the allocated shares will be released from the transfer restrictions upon expiry of the transfer restriction period, provided that the eligible director remains a director of the Company continuously from 7 August 2026 until the conclusion of the Ordinary General Meeting of Shareholders for the fiscal year ending March 2027. If the eligible director loses that position due to death or another reason deemed legitimate by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the director's months in office.
Reason for acquisition without consideration
At the expiry of the transfer restriction period or any other time specified in the allocation agreement, the Company will automatically acquire without consideration any allocated shares that remain subject to transfer restrictions.
Categories and Number of Persons Covered
5 directors of the Company, excluding directors who are Audit and Supervisory Committee members: 30,400 shares
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 on 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,130. No discount or premium rate was disclosed.
Procedures under the Corporate Code of Conduct
The Board of Directors adopted the resolution after obtaining the Audit and Supervisory Committee's advice in advance.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 30,400 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,130 per share |
| Total issue value | ¥34,352,000 |
| Amount of funds to be raised | Total payment amount: ¥34,352,000; estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Name 5 directors of the Company other than directors who are Audit and Supervisory Committee Members / Number of Shares 30,400 shares |
| 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 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,130. No discount or premium rate was disclosed. |
| Transfer restriction period | From 7 August 2026 to 6 August 2027 (one year) |
| Conditions for lifting transfer restrictions | All of the allocated shares will be released from the transfer restrictions upon expiry of the transfer restriction period, provided that the eligible director remains a director of the Company continuously from 7 August 2026 until the conclusion of the Ordinary General Meeting of Shareholders for the fiscal year ending March 2027. If the eligible director loses that position due to death or another reason deemed legitimate by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the director's months in office. |
| Reason for acquisition without consideration | At the expiry of the transfer restriction period or any other time specified in the allocation agreement, the Company will automatically acquire without consideration any allocated shares that remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors who are Audit and Supervisory Committee members: 30,400 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥34,352,000 (annual compensation limit: no more than ¥300 million) |
| Procedures under the Corporate Code of Conduct | The Board of Directors adopted the resolution after obtaining the Audit and Supervisory Committee's advice in advance. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateExercise 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 with an incentive to sustainably enhance corporate value and to promote the sharing of value with shareholders.
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.