Worth reading
49Recurring
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
6000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,000Shares
6,000 shares of the Company’s common stock (treasury shares)
4 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors: 6,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,258 per share
Total issue value
¥7,548,000
Amount of funds to be raised
Total payment amount: ¥7,548,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥7,548,000. The compensation framework provides for annual compensation of up to ¥20 million.
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 until immediately after the eligible recipient retires from the position of director of the Company
Conditions for lifting transfer restrictions
The eligible recipient must continuously hold the position of director of the Company during the service period, which runs from the month containing the payment date through immediately before the conclusion of the first Annual General Meeting of Shareholders thereafter, a period of 12 months. In the event of retirement for a valid reason, the restrictions will be解除 in proportion to the period of service.
Reason for acquisition without consideration
If the eligible recipient retires from the position of director for a reason other than expiration of the term of office, death or another valid reason, or if the transfer restrictions remain in place at the end of the restriction period or immediately after the conditions for解除 of the transfer restrictions are met.
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors: 6,000 shares
Intended allottee's holding policy
From 24 April 2026 until immediately after the eligible recipient retires from the position of director of the Company, transfers to third parties, the creation of security interests and any other disposal are prohibited. The Company will acquire without consideration any shares for which the transfer restrictions are not解除 due to certain circumstances.
Payment date
24 April 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange Standard Market on 26 March 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,258. No special discount or premium was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,000 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥1,258 per share |
| Total issue value | ¥7,548,000 |
| Amount of funds to be raised | Total payment amount: ¥7,548,000; estimated net proceeds: Not disclosed |
| Payment date | 24 April 2026 |
| Intended allottee | 4 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors: 6,000 shares |
| Intended allottee's holding policy | From 24 April 2026 until immediately after the eligible recipient retires from the position of director of the Company, transfers to third parties, the creation of security interests and any other disposal are prohibited. The Company will acquire without consideration any shares for which the transfer restrictions are not解除 due to certain circumstances. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange Standard Market on 26 March 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,258. No special discount or premium was stated. |
| Transfer restriction period | From 24 April 2026 until immediately after the eligible recipient retires from the position of director of the Company |
| Conditions for lifting transfer restrictions | The eligible recipient must continuously hold the position of director of the Company during the service period, which runs from the month containing the payment date through immediately before the conclusion of the first Annual General Meeting of Shareholders thereafter, a period of 12 months. In the event of retirement for a valid reason, the restrictions will be解除 in proportion to the period of service. |
| Reason for acquisition without consideration | If the eligible recipient retires from the position of director for a reason other than expiration of the term of office, death or another valid reason, or if the transfer restrictions remain in place at the end of the restriction period or immediately after the conditions for解除 of the transfer restrictions are met. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors: 6,000 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥7,548,000. The compensation framework provides for annual compensation of up to ¥20 million. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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.The purpose is to provide the eligible directors with an incentive to achieve sustained growth in the Company’s corporate value, promote further value sharing with shareholders, and enhance each eligible director’s motivation.
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.