Worth reading
44Recurring
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
14638
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much14,638Shares
14,638 common shares (treasury shares)
3 of the Company's executive officers14,638 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥403 per share
Total issue value
¥5,899,114
Amount of funds to be raised
Total payment amount: ¥5,899,114; estimated net proceeds: Not disclosed (no cash will be received by the Company because the shares are contributed in kind)
Total Stock-Based Compensation
Total monetary compensation: ¥5,899,114
発行済株式総数
The total number of issued shares will not increase
Not applicable (disposal of treasury shares only)
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
From 29 May 2026 until the day on which the recipients cease to hold any of the prescribed positions or employee statuses within the Company Group
Conditions for lifting transfer restrictions
All transfer restrictions on the allocated shares will be lifted provided that the recipient continuously holds an executive officer position within the Company Group from 1 April 2026 through the end of March 2027. If the recipient retires due to death or another valid reason, the number of shares for which the restrictions will be lifted will be calculated by multiplying the number of allocated shares by the number of months from April 2026 through the month including the retirement date, divided by 12, with the resulting ratio capped at 1.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the expiry of the transfer restriction period or at other times specified in the agreement. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the restrictions have not been lifted as of the business day preceding the effective date.
Categories and Number of Persons Covered
3 executive officers of the Company, 14,638 shares
Intended allottee's holding policy
From 29 May 2026 until the day on which the recipients cease to hold any position as an executive officer or employee of the Company, or as a director, audit & supervisory board member, executive officer or employee of a subsidiary of the Company, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
29 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 28 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥403. No discount or premium rate was indicated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 14,638 common shares (treasury shares) |
| Issue price and disposal price | ¥403 per share |
| Total issue value | ¥5,899,114 |
| Amount of funds to be raised | Total payment amount: ¥5,899,114; estimated net proceeds: Not disclosed (no cash will be received by the Company because the shares are contributed in kind) |
| Payment date | 29 May 2026 |
| Intended allottee | Category 3 of the Company's executive officers / Number of Shares 14,638 shares |
| Intended allottee's holding policy | From 29 May 2026 until the day on which the recipients cease to hold any position as an executive officer or employee of the Company, or as a director, audit & supervisory board member, executive officer or employee of a subsidiary of the Company, the shares may not be transferred, pledged or otherwise disposed of. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Total number of issued shares | The total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 28 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥403. No discount or premium rate was indicated. |
| Transfer restriction period | From 29 May 2026 until the day on which the recipients cease to hold any of the prescribed positions or employee statuses within the Company Group |
| Conditions for lifting transfer restrictions | All transfer restrictions on the allocated shares will be lifted provided that the recipient continuously holds an executive officer position within the Company Group from 1 April 2026 through the end of March 2027. If the recipient retires due to death or another valid reason, the number of shares for which the restrictions will be lifted will be calculated by multiplying the number of allocated shares by the number of months from April 2026 through the month including the retirement date, divided by 12, with the resulting ratio capped at 1. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the expiry of the transfer restriction period or at other times specified in the agreement. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the restrictions have not been lifted as of the business day preceding the effective date. |
| Categories and Number of Persons Covered | 3 executive officers of the Company, 14,638 shares |
| Total Stock-Based Compensation | Total monetary compensation: ¥5,899,114 |
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.To provide an incentive to enhance the corporate value of the Company Group and further promote value sharing between the eligible executive officers and shareholders.
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.