Worth reading
57In focus
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
19200000
¥Wording
Conditional
How definitive the wording is.Decision and Details
Board of DirectorsExtension of the trust period and additional cash contribution for the Performance-Linked Stock Compensation Plan
Decision31 July 2026
Period CoveredTrust period: 3 August 2020 to 31 August 2029 (scheduled)
ImplementationThe trust extension agreement is scheduled to be executed on 5 August 2026, and the shares are scheduled to be acquired from 10 August to 9 October 2026.
Going forwardThe trust extension agreement is scheduled to be executed on 5 August 2026. The shares are scheduled to be acquired from the stock market from 10 August to 9 October 2026.
AmountTotal additional contribution: ¥19,200,000
Quantity / scaleThe trust period will be extended by 3 years. The number of shares to be acquired will be within the scope approved by the resolution of the 71st Annual General Meeting of Shareholders held on 25 June 2020.
Reason
To acquire the Company's shares expected to be delivered during the new eligible period.
| Item | Details |
|---|---|
| Matter Covered | Extension of the trust period and additional cash contribution for the Performance-Linked Stock Compensation Plan |
| Decision-Making Body | Board of Directors |
| Decision Date | 31 July 2026 |
| Implementation Date | The trust extension agreement is scheduled to be executed on 5 August 2026, and the shares are scheduled to be acquired from 10 August to 9 October 2026. |
| Period Covered | Trust period: 3 August 2020 to 31 August 2029 (scheduled) |
| Amount | Total additional contribution: ¥19,200,000 |
| Quantity / scale | The trust period will be extended by 3 years. The number of shares to be acquired will be within the scope approved by the resolution of the 71st Annual General Meeting of Shareholders held on 25 June 2020. |
| Reason | To acquire the Company's shares expected to be delivered during the new eligible period. |
| Governing Rule | Within the scope approved by the resolution of the 71st Annual General Meeting of Shareholders held on 25 June 2020 |
| Related previous disclosures | Timely disclosure dated 11 May 2020, “Notice Regarding the Introduction of a ‘Performance-Linked Stock Compensation Plan’ for Directors (excluding Directors who are Audit and Supervisory Committee Members)” |
| Future plans | The trust extension agreement is scheduled to be executed on 5 August 2026. The shares are scheduled to be acquired from the stock market from 10 August to 9 October 2026. |
Items this document does not state (1)
Impact 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 acquire the Company's shares expected to be delivered during the new eligible period following the extension of the trust period.
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.