Worth reading
37Immaterial
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
34600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much34,600Shares
34,600 common shares of the Company (treasury shares)
6 directors of the Company as of the disposal date (excluding outside directors and directors who are Audit and Supervisory Committee members)18,200 shares
13 executive officers and fellows of the Company as of the above date who do not concurrently serve as directors16,400 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.
¥2,561 per share
Total issue value
¥88,610,600
Total Stock-Based Compensation
Total monetary compensation receivables of ¥88,610,600. The annual limit for directors’ stock-based compensation is ¥80 million.
発行済株式総数
Not applicable (disposal of treasury shares)
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
17 July 2026–16 July 2056 (30 years)
Conditions for lifting transfer restrictions
The allottee must continuously hold the position of director, executive officer who does not concurrently serve as a director, or fellow of the Company through the end of the applicable period for the relevant category. If the allottee leaves the position for a valid reason, the transfer restrictions will be partially lifted in proportion to the number of months from the month in which the applicable period begins through the month of departure.
Reason for acquisition without consideration
If the allottee leaves the position at the Company without a valid reason before the day preceding the end of the applicable period, or if the restrictions remain in place when the transfer restriction period expires. In the event of a reorganization or similar transaction, the Company will acquire without consideration any shares whose restrictions have not been lifted on the business day preceding the effective date.
Categories and Number of Persons Covered
Category Directors (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 6 / Number of allocated shares 18,200 shares, Category Executive officers and fellows who do not concurrently serve as directors / Number of Employees 13 / Number of allocated shares 16,400 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, subject to a transfer security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The transfer restriction period is the 30-year period from 17 July 2026 through 16 July 2056.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, ¥2,561. No discount or premium is stated.
Procedures under the Corporate Code of Conduct
At the 66th Annual General Meeting of Shareholders held on 26 June 2026, approval was obtained for an annual stock-based compensation limit of ¥80 million and a limit of 120,000 restricted shares per year, among other matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 34,600 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,561 per share |
| Total issue value | ¥88,610,600 |
| Payment date | 17 July 2026 |
| Intended allottee | Category 6 directors of the Company as of the disposal date (excluding outside directors and directors who are Audit and Supervisory Committee members) / Number of Shares 18,200 shares, Category 13 executive officers and fellows of the Company as of the above date who do not concurrently serve as directors / Number of Shares 16,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, subject to a transfer security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The transfer restriction period is the 30-year period from 17 July 2026 through 16 July 2056. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, ¥2,561. No discount or premium is stated. |
| Transfer restriction period | 17 July 2026–16 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | The allottee must continuously hold the position of director, executive officer who does not concurrently serve as a director, or fellow of the Company through the end of the applicable period for the relevant category. If the allottee leaves the position for a valid reason, the transfer restrictions will be partially lifted in proportion to the number of months from the month in which the applicable period begins through the month of departure. |
| Reason for acquisition without consideration | If the allottee leaves the position at the Company without a valid reason before the day preceding the end of the applicable period, or if the restrictions remain in place when the transfer restriction period expires. In the event of a reorganization or similar transaction, the Company will acquire without consideration any shares whose restrictions have not been lifted on the business day preceding the effective date. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 6 / Number of allocated shares 18,200 shares, Category Executive officers and fellows who do not concurrently serve as directors / Number of Employees 13 / Number of allocated shares 16,400 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥88,610,600. The annual limit for directors’ stock-based compensation is ¥80 million. |
| Procedures under the Corporate Code of Conduct | At the 66th Annual General Meeting of Shareholders held on 26 June 2026, approval was obtained for an annual stock-based compensation limit of ¥80 million and a limit of 120,000 restricted shares per year, among other matters. |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise 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 share with shareholders the benefits and risks of share price fluctuations and to increase recipients’ motivation to contribute to an increase in the share price and corporate value. The transfer restriction period is set at 30 years in order to achieve the purpose of introducing the scheme over as long a period as possible.
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.