Worth reading
59In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
20188792
¥Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much20,434Shares
20,434 common shares (new shares)
5 directors, excluding outside directors and directors serving as Audit and Supervisory Committee members; 20,434 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥988 per share
Total issue value
¥20,188,792
Amount of funds to be raised
Total payment amount: ¥20,188,792; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims held by the eligible directors against the Company)
Total Stock-Based Compensation
Total monetary claims: ¥20,188,792 (annual compensation limit: no more than ¥100 million)
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 14 August 2026 through 13 August 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that the eligible individual continuously remains a director, executive officer, non-director executive officer, Audit & Supervisory Board member, employee, adviser, consultant, or otherwise equivalent position at the Company or one of its subsidiaries during the transfer restriction period, all restrictions will be lifted when the period expires. In the event of retirement or resignation due to expiration of the term of office, the mandatory retirement age, or another legitimate reason, the restrictions on the number of shares corresponding to the period of service will be lifted immediately thereafter. In the event of a corporate reorganization or similar transaction, the restrictions will be partially lifted in accordance with the prescribed formula.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares subject to this allotment for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the restrictions are lifted due to retirement, resignation, or another such event. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the restrictions are not lifted.
Categories and Number of Persons Covered
5 directors, excluding outside directors and directors serving as Audit and Supervisory Committee members; 20,434 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of, and will be managed in a dedicated account. The transfer restriction period is 30 years.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 14 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥988. No discount or premium is specified.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 20,434 common shares (new shares) |
| Issue price and disposal price | ¥988 per share |
| Total issue value | ¥20,188,792 |
| Amount of funds to be raised | Total payment amount: ¥20,188,792; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims held by the eligible directors against the Company) |
| Payment date | 14 August 2026 |
| Intended allottee | 5 directors, excluding outside directors and directors serving as Audit and Supervisory Committee members; 20,434 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of, and will be managed in a dedicated account. The transfer restriction period is 30 years. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 14 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥988. No discount or premium is specified. |
| Transfer restriction period | From 14 August 2026 through 13 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the eligible individual continuously remains a director, executive officer, non-director executive officer, Audit & Supervisory Board member, employee, adviser, consultant, or otherwise equivalent position at the Company or one of its subsidiaries during the transfer restriction period, all restrictions will be lifted when the period expires. In the event of retirement or resignation due to expiration of the term of office, the mandatory retirement age, or another legitimate reason, the restrictions on the number of shares corresponding to the period of service will be lifted immediately thereafter. In the event of a corporate reorganization or similar transaction, the restrictions will be partially lifted in accordance with the prescribed formula. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares subject to this allotment for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the restrictions are lifted due to retirement, resignation, or another such event. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the restrictions are not lifted. |
| Categories and Number of Persons Covered | 5 directors, excluding outside directors and directors serving as Audit and Supervisory Committee members; 20,434 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥20,188,792 (annual compensation limit: no more than ¥100 million) |
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.The purpose is to provide medium- to long-term incentives, share value with shareholders, and further enhance the motivation of each eligible director.
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.