Worth reading
35Immaterial
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
13200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much13,200Shares
13,200 shares of the Company's common stock (treasury shares)
4 of the Company's directors, excluding outside directors13,200 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,006 per share
Total issue value
¥26,479,200
Total Stock-Based Compensation
Monetary remuneration receivables of ¥26,479,200. The annual remuneration limit is ¥50 million or less.
発行済株式総数
Not disclosed (no disclosure of the impact of the disposal of treasury shares on the total number of issued 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
8 May 2026 to 7 May 2056 (30 years)
Conditions for lifting transfer restrictions
All of the allocated shares held at the end of the period will be released from the transfer restrictions, provided that the holder remains a director of the Company continuously through the date of the first annual general meeting of shareholders held after 8 May 2026. If the holder leaves office for a valid reason, a portion of the restrictions will be released based on the number of months served.
Reason for acquisition without consideration
If the holder leaves office without a valid reason before the day preceding the date of the first annual general meeting of shareholders held after the start of the transfer restriction period. If any shares remain subject to transfer restrictions at the end of the period. If any shares remain subject to transfer restrictions in connection with a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
4 directors of the Company, excluding outside directors: 13,200 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period will run from 8 May 2026 to 7 May 2056.
Payment date
8 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 April 2026, ¥2,006. No discount or premium applies.
Impact on Business Performance
No impact of the disposal of treasury shares on results for the fiscal year ending March 2027 was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 13,200 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,006 per share |
| Total issue value | ¥26,479,200 |
| Payment date | 8 May 2026 |
| Intended allottee | Name 4 of the Company's directors, excluding outside directors / Number of Shares 13,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period will run from 8 May 2026 to 7 May 2056. |
| Dilution Rate | Not disclosed (no disclosure of the impact of the disposal of treasury shares on the total number of issued shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 April 2026, ¥2,006. No discount or premium applies. |
| Transfer restriction period | 8 May 2026 to 7 May 2056 (30 years) |
| Conditions for lifting transfer restrictions | All of the allocated shares held at the end of the period will be released from the transfer restrictions, provided that the holder remains a director of the Company continuously through the date of the first annual general meeting of shareholders held after 8 May 2026. If the holder leaves office for a valid reason, a portion of the restrictions will be released based on the number of months served. |
| Reason for acquisition without consideration | If the holder leaves office without a valid reason before the day preceding the date of the first annual general meeting of shareholders held after the start of the transfer restriction period. If any shares remain subject to transfer restrictions at the end of the period. If any shares remain subject to transfer restrictions in connection with a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding outside directors: 13,200 shares |
| Total Stock-Based Compensation | Monetary remuneration receivables of ¥26,479,200. The annual remuneration limit is ¥50 million or less. |
| Impact on Business Performance | No impact of the disposal of treasury shares on results for the fiscal year ending March 2027 was stated. |
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 RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.
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.