Worth reading
49Recurring
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
50000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much50,000Shares
50,000 common shares (treasury shares)
Directors (excluding outside directors)2 / 50,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥841 per share
Total issue value
¥42,050,000
Amount of funds to be raised
As the total of ¥42,050,000 in monetary compensation receivables and other monetary receivables will be contributed in kind, the Company will receive no cash proceeds. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables and other monetary receivables: ¥42,050,000. The annual monetary compensation limit for the eligible directors is ¥50 million or less.
発行済株式総数
No increase (disposal of treasury shares)
As this is a disposal of treasury shares, the total number of issued shares will not increase
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
30 years (from 27 October 2026 to 26 October 2056)
Conditions for lifting transfer restrictions
All restrictions will be lifted upon expiration of the period, provided that the recipient has continuously held one of the following positions at the Company or one of its subsidiaries during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, adviser, consultant or any equivalent position. In the event of retirement or departure upon expiration of the term of office, mandatory retirement or other legitimate grounds, part of the restrictions will be lifted based on the prescribed calculation.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period or release of the transfer restrictions, the Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
2 directors (excluding outside directors); 50,000 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 27 October 2026 to 26 October 2056.
Payment date
27 October 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange Growth Market on 28 September 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥841. 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 | 50,000 common shares (treasury shares) |
| Issue price and disposal price | ¥841 per share |
| Total issue value | ¥42,050,000 |
| Amount of funds to be raised | As the total of ¥42,050,000 in monetary compensation receivables and other monetary receivables will be contributed in kind, the Company will receive no cash proceeds. Estimated net proceeds: Not disclosed |
| Payment date | 27 October 2026 |
| Intended allottee | Category Directors (excluding outside directors) / Number of Employees 2 / Number of Shares 50,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 27 October 2026 to 26 October 2056. |
| Dilution Rate | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Total number of issued shares | No increase (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 Growth Market on 28 September 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥841. No discount or premium rate was disclosed. |
| Transfer restriction period | 30 years (from 27 October 2026 to 26 October 2056) |
| Conditions for lifting transfer restrictions | All restrictions will be lifted upon expiration of the period, provided that the recipient has continuously held one of the following positions at the Company or one of its subsidiaries during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, adviser, consultant or any equivalent position. In the event of retirement or departure upon expiration of the term of office, mandatory retirement or other legitimate grounds, part of the restrictions will be lifted based on the prescribed calculation. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period or release of the transfer restrictions, the Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 2 directors (excluding outside directors); 50,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables and other monetary receivables: ¥42,050,000. The annual monetary compensation limit for the eligible directors is ¥50 million or less. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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.The purpose is to provide a medium- to long-term incentive, share value with shareholders and further enhance the motivation of the eligible directors.
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.