Worth reading
38Recurring
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
21300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as performance-linked stock compensation
Who receives how much21,300Shares
21,300 treasury shares
7 eligible directors, including 2 retiring directors; 21,300 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,880 per share
Total issue value
¥40,044,000
Total Stock-Based Compensation
Capped at ¥70 million in total monetary compensation claims, covering multiple fiscal years corresponding to the performance evaluation period
Categories and Number of Persons Covered
7 eligible directors; 21,300 shares, including 2 retiring directors receiving 4,700 shares
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the company’s common shares on the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,880. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
Approval for this plan was obtained at the 89th Annual General Meeting of Shareholders held on 27 June 2023
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as performance-linked stock compensation |
| Number of shares to be issued or disposed of | 21,300 treasury shares |
| Issue price and disposal price | ¥1,880 per share |
| Total issue value | ¥40,044,000 |
| Payment date | 7 August 2026 |
| Intended allottee | 7 eligible directors, including 2 retiring directors; 21,300 shares |
| Basis for determining the amount to be paid | The closing price of the company’s common shares on the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,880. No discount or premium rate was stated. |
| Categories and Number of Persons Covered | 7 eligible directors; 21,300 shares, including 2 retiring directors receiving 4,700 shares |
| Total Stock-Based Compensation | Capped at ¥70 million in total monetary compensation claims, covering multiple fiscal years corresponding to the performance evaluation period |
| Procedures under the Corporate Code of Conduct | Approval for this plan was obtained at the 89th Annual General Meeting of Shareholders held on 27 June 2023 |
Items this document does not state (18)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 strengthen the link between the eligible directors’ compensation and the company’s performance and share value, provide an incentive to achieve sustained growth in corporate value, and promote the sharing of value with 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.