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 much
5,000 common shares (4,000 shares for 2 directors and 1,000 shares for 1 audit & supervisory board member)
The Company's directors (excluding outside directors)2 / 4,000 shares
The Company's audit & supervisory board members (excluding part-time audit & supervisory board members)1 / 1,000 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.
¥2,675 per share
Total issue value
¥13,375,000
Amount of funds to be raised
Total amount paid: ¥13,375,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥13,375,000
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 24 April 2026 to 1 June 2029 (approximately 3 years)
Conditions for lifting transfer restrictions
The recipient must continuously hold one of the following positions throughout the transfer restriction period: director, audit & supervisory board member, executive officer or employee of the Company. In the event of retirement or resignation for a valid reason or due to death, the restrictions will be lifted in proportion to the period from the payment date to the date of retirement or resignation.
Reason for acquisition without consideration
If any of the allocated shares remain subject to transfer restrictions when the transfer restrictions are lifted, the Company will automatically acquire those shares without consideration.
Categories and Number of Persons Covered
2 directors of the Company (excluding outside directors): 4,000 shares; 1 audit & supervisory board member of the Company (excluding part-time audit & supervisory board members): 1,000 shares
Intended allottee's holding policy
From 24 April 2026 to 1 June 2029, the recipients may not transfer, create security interests over, make inter vivos gifts of or otherwise dispose of the shares. The holding policy after the transfer restrictions are lifted is Not disclosed
Payment date
24 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 26 March 2026, ¥2,675. No discount or premium.
Impact on Business Performance
The impact of this disposal of treasury shares on financial results is Not disclosed.
| 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 (4,000 shares for 2 directors and 1,000 shares for 1 audit & supervisory board member) |
| Issue price and disposal price | ¥2,675 per share |
| Total issue value | ¥13,375,000 |
| Amount of funds to be raised | Total amount paid: ¥13,375,000; estimated net proceeds: Not disclosed |
| Payment date | 24 April 2026 |
| Intended allottee | Category The Company's directors (excluding outside directors) / Number of Employees 2 / Number of Shares 4,000 shares, Category The Company's audit & supervisory board members (excluding part-time audit & supervisory board members) / Number of Employees 1 / Number of Shares 1,000 shares |
| Intended allottee's holding policy | From 24 April 2026 to 1 June 2029, the recipients may not transfer, create security interests over, make inter vivos gifts of or otherwise dispose of the shares. The holding policy after the transfer restrictions are lifted is Not disclosed |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 26 March 2026, ¥2,675. No discount or premium. |
| Transfer restriction period | From 24 April 2026 to 1 June 2029 (approximately 3 years) |
| Conditions for lifting transfer restrictions | The recipient must continuously hold one of the following positions throughout the transfer restriction period: director, audit & supervisory board member, executive officer or employee of the Company. In the event of retirement or resignation for a valid reason or due to death, the restrictions will be lifted in proportion to the period from the payment date to the date of retirement or resignation. |
| Reason for acquisition without consideration | If any of the allocated shares remain subject to transfer restrictions when the transfer restrictions are lifted, the Company will automatically acquire those shares without consideration. |
| Categories and Number of Persons Covered | 2 directors of the Company (excluding outside directors): 4,000 shares; 1 audit & supervisory board member of the Company (excluding part-time audit & supervisory board members): 1,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥13,375,000 |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering
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 achieve sustained growth in corporate value and promote value sharing with shareholders. To provide the audit & supervisory board member with incentives to prevent impairment of corporate value and maintain credibility through value sharing 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.