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
5100
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,100Shares
5,100 treasury shares
3 directors of the Company (excluding outside directors)4,300 shares
1 Audit & Supervisory Board member of the Company, excluding outside Audit & Supervisory Board members800 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.
¥795 per share
Total issue value
¥4,054,500
Amount of funds to be raised
Total payment amount: ¥4,054,500; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration receivables: ¥4,054,500. The annual remuneration limits are ¥30 million for directors and ¥3 million for Audit & Supervisory Board members.
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
30 years (30 April 2026 to 29 April 2056)
Conditions for lifting transfer restrictions
All transfer restrictions on the allocated shares held at the end of the period will be lifted, provided that the eligible director or Audit & Supervisory Board member has continuously held that position through the date of the first annual general meeting of shareholders held after 30 April 2026. If the officer loses that position for a valid reason, the restrictions will be lifted immediately after the loss of position. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted at the prescribed time.
Reason for acquisition without consideration
If, without a valid reason, the eligible director or Audit & Supervisory Board member loses that position before the day preceding the date of the first annual general meeting of shareholders held after the start date of the transfer restriction period. This also applies if any shares remain subject to transfer restrictions at the end of the period.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 4,300 shares, Category The Company's audit & supervisory board members (excluding outside audit & supervisory board members) / Number of Employees 1 / Number of allocated shares 800 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner.
Payment date
30 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 8 April 2026 was ¥795. No discount or premium rate was 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 | 5,100 treasury shares |
| Issue price and disposal price | ¥795 per share |
| Total issue value | ¥4,054,500 |
| Amount of funds to be raised | Total payment amount: ¥4,054,500; estimated net proceeds: Not disclosed |
| Payment date | 30 April 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 4,300 shares, Name 1 Audit & Supervisory Board member of the Company, excluding outside Audit & Supervisory Board members / Number of Shares 800 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 8 April 2026 was ¥795. No discount or premium rate was disclosed. |
| Transfer restriction period | 30 years (30 April 2026 to 29 April 2056) |
| Conditions for lifting transfer restrictions | All transfer restrictions on the allocated shares held at the end of the period will be lifted, provided that the eligible director or Audit & Supervisory Board member has continuously held that position through the date of the first annual general meeting of shareholders held after 30 April 2026. If the officer loses that position for a valid reason, the restrictions will be lifted immediately after the loss of position. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted at the prescribed time. |
| Reason for acquisition without consideration | If, without a valid reason, the eligible director or Audit & Supervisory Board member loses that position before the day preceding the date of the first annual general meeting of shareholders held after the start date of the transfer restriction period. This also applies if any shares remain subject to transfer restrictions at the end of the period. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 4,300 shares, Category The Company's audit & supervisory board members (excluding outside audit & supervisory board members) / Number of Employees 1 / Number of allocated shares 800 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥4,054,500. The annual remuneration limits are ¥30 million for directors and ¥3 million for Audit & Supervisory Board members. |
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 the eligible directors with an incentive to achieve sustained growth in corporate value and to promote the sharing of value between the eligible directors and 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.