Worth reading
42Recurring
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
5000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,000Shares
5,000 common shares of the Company (treasury shares)
The Company's directors (excluding directors who are Audit & Supervisory Committee Members)3 / 5,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,848 per share
Total issue value
¥9,240,000
Amount of funds to be raised
As the entire amount of these monetary compensation claims will be paid in as property contributed in kind, the total payment amount is ¥9,240,000, and the estimated net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥9,240,000. The annual compensation limit under the compensation scheme is ¥50,000,000 or less, of which ¥10,000,000 or less is for outside directors.
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 23 October 2026 until immediately after the director ceases to hold office at the Company
Conditions for lifting transfer restrictions
Subject to continuous service as a director of the Company throughout the service provision period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of retirement upon expiration of the term of office or for another legitimate reason, the transfer restrictions on the number of shares corresponding to the period of service will be lifted immediately after retirement.
Reason for acquisition without consideration
If the recipient commits a violation of laws or regulations during the transfer restriction period or otherwise falls under any of the specified circumstances set forth in the relevant allocation agreement. In addition, if any shares remain subject to transfer restrictions upon expiration of the transfer restriction period or when the transfer restrictions are lifted.
Categories and Number of Persons Covered
3 directors of the Company, excluding directors who are Audit and Supervisory Committee members; 5,000 shares
Intended allottee's holding policy
Transfer restrictions will apply from 23 October 2026 until immediately after the director ceases to hold office at the Company. The shares will be managed in a dedicated account, and any transfer to a third party, creation of security interests or other disposition will be prohibited.
Payment date
23 October 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 25 September 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,848. No discount or premium rate 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 | 5,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,848 per share |
| Total issue value | ¥9,240,000 |
| Amount of funds to be raised | As the entire amount of these monetary compensation claims will be paid in as property contributed in kind, the total payment amount is ¥9,240,000, and the estimated net proceeds are Not disclosed |
| Payment date | 23 October 2026 |
| Intended allottee | Name The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 3 / Number of Shares 5,000 shares |
| Intended allottee's holding policy | Transfer restrictions will apply from 23 October 2026 until immediately after the director ceases to hold office at the Company. The shares will be managed in a dedicated account, and any transfer to a third party, creation of security interests or other disposition will be prohibited. |
| 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 25 September 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,848. No discount or premium rate was stated. |
| Transfer restriction period | From 23 October 2026 until immediately after the director ceases to hold office at the Company |
| Conditions for lifting transfer restrictions | Subject to continuous service as a director of the Company throughout the service provision period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of retirement upon expiration of the term of office or for another legitimate reason, the transfer restrictions on the number of shares corresponding to the period of service will be lifted immediately after retirement. |
| Reason for acquisition without consideration | If the recipient commits a violation of laws or regulations during the transfer restriction period or otherwise falls under any of the specified circumstances set forth in the relevant allocation agreement. In addition, if any shares remain subject to transfer restrictions upon expiration of the transfer restriction period or when the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding directors who are Audit and Supervisory Committee members; 5,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥9,240,000. The annual compensation limit under the compensation scheme is ¥50,000,000 or less, of which ¥10,000,000 or less is for outside directors. |
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 directors with incentives to enhance corporate value over the medium to long term and promote value sharing with shareholders. This decision was made based on the draft director compensation package determined by the Nominating and Compensation Committee, taking into account the Company's current circumstances and business environment.
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.