Worth reading
35Immaterial
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
3500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,500Shares
3,500 shares of the Company's common stock (treasury shares)
7 directors (excluding directors serving as Audit and Supervisory Committee Members and outside directors)3,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥5,500 per share
Total issue value
¥19,250,000
Total Stock-Based Compensation
Total monetary compensation receivables of ¥19,250,000. The compensation limit under the system is no more than ¥40 million per year.
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 July 2026 until the recipient leaves office
Conditions for lifting transfer restrictions
Subject to the eligible director's leaving office for a reason deemed legitimate by the Company's Board of Directors, all transfer restrictions on the allocated shares will be lifted upon expiration of the restricted transfer period. In the event of a corporate reorganization or other similar event, the number of shares to be released will be reasonably determined by resolution of the Board of Directors and the restrictions will be lifted before the effective date.
Reason for acquisition without consideration
The Company will acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the restricted transfer period, shares corresponding to a director's leaving office during the period of service, and all or part of the shares if the director becomes subject to certain specified circumstances, including misconduct.
Categories and Number of Persons Covered
7 directors, excluding directors who are Audit & Supervisory Committee members and outside directors; 3,500 shares
Intended allottee's holding policy
The restricted transfer period will run from 24 July 2026 until the date the director leaves office. During this period, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of ¥5,500 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 3,500 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥5,500 per share |
| Total issue value | ¥19,250,000 |
| Payment date | 24 July 2026 |
| Intended allottee | Name 7 directors (excluding directors serving as Audit and Supervisory Committee Members and outside directors) / Number of Shares 3,500 shares |
| Intended allottee's holding policy | The restricted transfer period will run from 24 July 2026 until the date the director leaves office. During this period, the shares may not be transferred, pledged or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of ¥5,500 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026 until the recipient leaves office |
| Conditions for lifting transfer restrictions | Subject to the eligible director's leaving office for a reason deemed legitimate by the Company's Board of Directors, all transfer restrictions on the allocated shares will be lifted upon expiration of the restricted transfer period. In the event of a corporate reorganization or other similar event, the number of shares to be released will be reasonably determined by resolution of the Board of Directors and the restrictions will be lifted before the effective date. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the restricted transfer period, shares corresponding to a director's leaving office during the period of service, and all or part of the shares if the director becomes subject to certain specified circumstances, including misconduct. |
| Categories and Number of Persons Covered | 7 directors, excluding directors who are Audit & Supervisory Committee members and outside directors; 3,500 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥19,250,000. The compensation limit under the system is no more than ¥40 million per year. |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 provide incentives for the sustainable enhancement of corporate value and promote value sharing between the directors and shareholders. The Company also took into consideration its performance, the scope of responsibilities of each eligible director and other relevant circumstances.
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.