Komori
Share Issuance and Disposal6245HIRANO TECSEED CO.,LTD.Machinery

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 10,713 treasury shares as restricted stock compensation to 4 directors and 6 executive officers. The disposal price is ¥1,626 per share, for a total disposal price of ¥17,419,338.

Worth reading
47Recurring
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
10713
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much10,713Shares

10,713 common shares of the Company (treasury shares)

4 directors, excluding directors who are Audit and Supervisory Committee members and outside directors6,693 shares
6 executive officers who do not concurrently serve as directors4,020 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.

¥1,626 per share
Total issue value

¥17,419,338

Amount of funds to be raised
Total payment amount: ¥17,419,338 (net proceeds not stated)
Total Stock-Based Compensation
Total monetary remuneration claims: ¥17,419,338
発行済株式総数

The total number of issued shares will not increase

Not applicable (disposal of treasury 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
26 August 2026 to 25 August 2056 (30 years)
Conditions for lifting transfer restrictions
All of the allocated shares will be released from the restrictions upon expiration of the restricted period, provided that the recipient continuously holds a position as a director or executive officer of the Company during the restricted period. If the recipient leaves office upon expiration of the term, retirement age or for another valid reason, the restrictions will be released in proportion to the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 6,693 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 6 / Number of allocated shares 4,020 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from 26 August 2026 to 25 August 2056.
Payment date
26 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 24 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,626. No discount or premium was stated.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of10,713 common shares of the Company (treasury shares)
Issue price and disposal price¥1,626 per share
Total issue value¥17,419,338
Amount of funds to be raisedTotal payment amount: ¥17,419,338 (net proceeds not stated)
Payment date26 August 2026
Intended allotteeName 4 directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 6,693 shares, Name 6 executive officers who do not concurrently serve as directors / Number of Shares 4,020 shares
Intended allottee's holding policyDuring the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from 26 August 2026 to 25 August 2056.
Dilution RateNot applicable (disposal of treasury shares)
Total number of issued sharesThe total number of issued shares will not increase
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 24 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,626. No discount or premium was stated.
Transfer restriction period26 August 2026 to 25 August 2056 (30 years)
Conditions for lifting transfer restrictionsAll of the allocated shares will be released from the restrictions upon expiration of the restricted period, provided that the recipient continuously holds a position as a director or executive officer of the Company during the restricted period. If the recipient leaves office upon expiration of the term, retirement age or for another valid reason, the restrictions will be released in proportion to the period of service.
Reason for acquisition without considerationThe Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted.
Categories and Number of Persons CoveredCategory Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 6,693 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 6 / Number of allocated shares 4,020 shares
Total Stock-Based CompensationTotal monetary remuneration claims: ¥17,419,338
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.

In accordance with the restricted stock compensation plan, the Company took into account its business conditions, the scope of responsibilities of each eligible officer and other relevant factors, with the aim of providing medium- to long-term incentives, sharing value with shareholders and further enhancing the motivation of each eligible officer.

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.
Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | HIRANO TECSEED CO.,LTD. (6245) timely disclosure | Komori