Worth reading
39Recurring
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
5900
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,900Shares
5,900 treasury shares
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)2 / 5,900 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,260 per share
Total issue value
¥19,234,000
Amount of funds to be raised
No funds raised (in-kind contribution of monetary claims totaling ¥19,234,000 against the eligible directors)
Total Stock-Based Compensation
Monetary claims totaling ¥19,234,000. The annual compensation limit is ¥50 million, and the annual share limit is 125,000 shares.
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 28 October 2026 through the point immediately following retirement from the Company as a director
Conditions for lifting transfer restrictions
Subject to continuous service as a director of the Company throughout the service provision period, all restrictions will be lifted upon expiry of the transfer restriction period. If the director retires upon expiry of the term of office or for another legitimate reason, the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without consideration
If the director violates any law or regulation during the transfer restriction period or becomes subject to any other specified event under the restricted stock allocation agreement, the Company will acquire all shares held without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted.
Categories and Number of Persons Covered
2 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 5,900 shares
Intended allottee's holding policy
Transfer restrictions apply from 28 October 2026 through the point immediately following the director’s retirement from the Company. Transfers to third parties, the creation of security interests and all other dispositions are prohibited.
Payment date
28 October 2026
Basis for determining the amount to be paid
The closing price of ¥3,260 for the Company’s common shares on the Tokyo Stock Exchange Standard Market on 28 September 2026, the business day preceding the date of the Board of Directors’ resolution. No discount or premium rate was specified.
Procedures under the Corporate Code of Conduct
The views of the Audit and Supervisory Committee were reflected.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 5,900 treasury shares |
| Issue price and disposal price | ¥3,260 per share |
| Total issue value | ¥19,234,000 |
| Amount of funds to be raised | No funds raised (in-kind contribution of monetary claims totaling ¥19,234,000 against the eligible directors) |
| Payment date | 28 October 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of Shares 5,900 shares |
| Intended allottee's holding policy | Transfer restrictions apply from 28 October 2026 through the point immediately following the director’s retirement from the Company. Transfers to third parties, the creation of security interests and all other dispositions are prohibited. |
| 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 ¥3,260 for the Company’s common shares on the Tokyo Stock Exchange Standard Market on 28 September 2026, the business day preceding the date of the Board of Directors’ resolution. No discount or premium rate was specified. |
| Transfer restriction period | From 28 October 2026 through the point immediately following retirement from the Company as a director |
| Conditions for lifting transfer restrictions | Subject to continuous service as a director of the Company throughout the service provision period, all restrictions will be lifted upon expiry of the transfer restriction period. If the director retires upon expiry of the term of office or for another legitimate reason, the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the director violates any law or regulation during the transfer restriction period or becomes subject to any other specified event under the restricted stock allocation agreement, the Company will acquire all shares held without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 5,900 shares |
| Total Stock-Based Compensation | Monetary claims totaling ¥19,234,000. The annual compensation limit is ¥50 million, and the annual share limit is 125,000 shares. |
| Procedures under the Corporate Code of Conduct | The views of the Audit and Supervisory Committee were reflected. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / 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 provide the eligible directors with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The purpose is also to further increase 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.