Worth reading
41Recurring
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
9929
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much9,929Shares
9,929 shares of the Company's common stock (treasury shares)
5 directors of the Company, excluding outside directors: 9,929 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥7,540 per share
Total issue value
¥74,864,660
Amount of funds to be raised
Total payment amount: ¥74,864,660; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥74,864,660 (the annual compensation limit is ¥100 million or less)
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 5 August 2026 until the date on which the relevant allottee ceases to serve as a director of the Company
Conditions for lifting transfer restrictions
The transfer restrictions on all of the allocated shares held at the end of the restriction period will be lifted at the end of the period, provided that the recipient remains a director of the Company continuously until the date of the first annual general meeting held after 5 August 2026. If the recipient ceases to serve as a director for a justifiable reason, the restrictions will be lifted on the number of shares calculated by multiplying the shares held by the number of months from July 2026 through the month that includes the date of retirement, divided by 12.
Reason for acquisition without consideration
If the recipient ceases to serve as a director without a reason deemed justifiable by the Board of Directors before the day preceding the first annual general meeting held after the start date of the transfer restriction period. If any shares remain subject to transfer restrictions at the end of the restriction period. If any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
5 directors of the Company, excluding outside directors: 9,929 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the shares may not be transferred to a third party, pledged, used to create a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 5 August 2026 until the date on which the relevant allottee ceases to serve as a director of the Company.
Payment date
5 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 14 July 2026, ¥7,540. No 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 | 9,929 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥7,540 per share |
| Total issue value | ¥74,864,660 |
| Amount of funds to be raised | Total payment amount: ¥74,864,660; estimated net proceeds: not disclosed |
| Payment date | 5 August 2026 |
| Intended allottee | 5 directors of the Company, excluding outside directors: 9,929 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to a third party, pledged, used to create a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 5 August 2026 until the date on which the relevant allottee ceases to serve as a director of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 14 July 2026, ¥7,540. No discount or premium was stated. |
| Transfer restriction period | From 5 August 2026 until the date on which the relevant allottee ceases to serve as a director of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allocated shares held at the end of the restriction period will be lifted at the end of the period, provided that the recipient remains a director of the Company continuously until the date of the first annual general meeting held after 5 August 2026. If the recipient ceases to serve as a director for a justifiable reason, the restrictions will be lifted on the number of shares calculated by multiplying the shares held by the number of months from July 2026 through the month that includes the date of retirement, divided by 12. |
| Reason for acquisition without consideration | If the recipient ceases to serve as a director without a reason deemed justifiable by the Board of Directors before the day preceding the first annual general meeting held after the start date of the transfer restriction period. If any shares remain subject to transfer restrictions at the end of the restriction period. If any shares remain subject to transfer restrictions on the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding outside directors: 9,929 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥74,864,660 (the annual compensation limit is ¥100 million or less) |
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.To enable the directors to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to medium- and long-term earnings growth and the enhancement of corporate value.
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.