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
3669
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
3,669 treasury shares (2,199 shares for eligible directors and 1,470 shares for eligible employees)
6 directors of the company, including outside directors2,199 shares
21 executive officers of the company, excluding directors, and other employees1,470 shares
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥6,770 per share
Total issue value
¥24,839,130
Amount of funds to be raised
Total payment amount of ¥24,839,130; estimated net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims of ¥24,839,130 (of which ¥14,887,230 is for eligible directors). The annual compensation limit for eligible directors is ¥50 million or less, of which ¥5 million 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
For eligible directors, from 13 November 2026 until the later of the date on which they cease to hold the position of director or the date exceeding 3 months after the end of the fiscal year containing the disposal date. For eligible employees, from 13 November 2026 until the later of the date on which they cease to hold employee status or the date exceeding 3 months after the end of the fiscal year containing the disposal date.
Conditions for lifting transfer restrictions
For eligible directors, transfer restrictions on all shares will be lifted when the transfer restriction period expires, provided they continue to hold the prescribed position or role through the conclusion of the annual general meeting of shareholders for the fiscal year ending June 2027. For eligible employees, the same condition applies through 30 September 2027. If they lose their position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months employed. In the event of a corporate reorganization or similar event, the restrictions will also be partially lifted based on the prescribed calculation.
Reason for acquisition without consideration
If, upon expiry of the transfer restriction period or at another time specified in the allotment agreement, any allotted shares remain subject to transfer restrictions.
Stock Split Ratio3 common shares for every 1 share, effective 1 April 2026
Categories and Number of Persons Covered
6 directors of the company, including outside directors, 2,199 shares; 21 executive officers of the company, excluding directors, and other employees, 1,470 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 for restricted stock. The company will acquire without consideration any shares whose transfer restrictions have not been lifted.
Payment date
13 November 2026
Basis for determining the amount to be paid
The closing price of the company's common stock on the Tokyo Stock Exchange on 19 October 2026, the business day preceding the date of the Board of Directors' resolution, was ¥6,770. No discount or premium rate was specified.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 3,669 treasury shares (2,199 shares for eligible directors and 1,470 shares for eligible employees) |
| Issue price and disposal price | ¥6,770 per share |
| Total issue value | ¥24,839,130 |
| Amount of funds to be raised | Total payment amount of ¥24,839,130; estimated net proceeds are Not disclosed |
| Payment date | 13 November 2026 |
| Intended allottee | Name 6 directors of the company, including outside directors / Number of Shares 2,199 shares, Name 21 executive officers of the company, excluding directors, and other employees / Number of Shares 1,470 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 for restricted stock. The company will acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Basis for determining the amount to be paid | The closing price of the company's common stock on the Tokyo Stock Exchange on 19 October 2026, the business day preceding the date of the Board of Directors' resolution, was ¥6,770. No discount or premium rate was specified. |
| Transfer restriction period | For eligible directors, from 13 November 2026 until the later of the date on which they cease to hold the position of director or the date exceeding 3 months after the end of the fiscal year containing the disposal date. For eligible employees, from 13 November 2026 until the later of the date on which they cease to hold employee status or the date exceeding 3 months after the end of the fiscal year containing the disposal date. |
| Conditions for lifting transfer restrictions | For eligible directors, transfer restrictions on all shares will be lifted when the transfer restriction period expires, provided they continue to hold the prescribed position or role through the conclusion of the annual general meeting of shareholders for the fiscal year ending June 2027. For eligible employees, the same condition applies through 30 September 2027. If they lose their position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months employed. In the event of a corporate reorganization or similar event, the restrictions will also be partially lifted based on the prescribed calculation. |
| Reason for acquisition without consideration | If, upon expiry of the transfer restriction period or at another time specified in the allotment agreement, any allotted shares remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | 6 directors of the company, including outside directors, 2,199 shares; 21 executive officers of the company, excluding directors, and other employees, 1,470 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥24,839,130 (of which ¥14,887,230 is for eligible directors). The annual compensation limit for eligible directors is ¥50 million or less, of which ¥5 million or less is for outside directors. |
| Stock Split Ratio | 3 common shares for every 1 share, effective 1 April 2026 |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 incentives for the sustained enhancement of corporate value and promote value sharing with shareholders. The company also considered the purpose of the scheme, its business performance and the responsibilities of each recipient.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.