Worth reading
56In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
44800
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much44,800Shares
44,800 common shares of the Company
2 directors of the Company, excluding directors who are Audit & Supervisory Committee Members16,000 shares
3 of the Company's directors who are Audit & Supervisory Committee members2,800 shares
10 executive officers of the Company26,000 shares
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥2,066 per share
Total issue value
¥92,556,800
Amount of funds to be raised
Total payment amount: ¥92,556,800. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Amount of monetary remuneration claims: ¥33,056,000 for directors of the Company, excluding directors who are Audit & Supervisory Committee Members; ¥5,784,800 for directors who are Audit & Supervisory Committee Members; and ¥53,716,000 for executive officers. Total: ¥92,556,800.
発行済株式総数
Increase of 44,800 shares (the number of issued shares before and after the issuance: Not disclosed)
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 22 July 2026 to 21 July 2029 (3 years)
Conditions for lifting transfer restrictions
The transfer restrictions on all of the shares held at the end of the restriction period will be lifted, provided that the recipient remains a director or executive officer of the Company continuously through the date of the first annual general meeting of shareholders held after 22 July 2026. If the recipient leaves office for a legitimate reason, the restrictions will be lifted in part based on the number of months in office.
Reason for acquisition without consideration
If the recipient leaves office by the day before the date of the first annual general meeting of shareholders held after the start of the restriction period, except where the Board of Directors recognizes a legitimate reason. Also, if any shares remain subject to transfer restrictions at the end of the restriction period. In the event of a corporate reorganization or similar transaction, if any shares remain subject to transfer restrictions as of the business day preceding the effective date.
Categories and Number of Persons Covered
2 directors of the Company, excluding directors who are Audit & Supervisory Committee Members: 16,000 shares; 3 directors of the Company who are Audit & Supervisory Committee Members: 2,800 shares; 10 executive officers of the Company: 26,000 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to any third party, pledged, subjected to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed, or otherwise disposed of in any way. The shares will be held and maintained in accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
Payment date
22 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, ¥2,066. No discount or premium.
Impact on Business Performance
Impact on business performance from this issuance of new shares Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 44,800 common shares of the Company |
| Issue price and disposal price | ¥2,066 per share |
| Total issue value | ¥92,556,800 |
| Amount of funds to be raised | Total payment amount: ¥92,556,800. Estimated net proceeds: Not disclosed |
| Payment date | 22 July 2026 |
| Intended allottee | Name 2 directors of the Company, excluding directors who are Audit & Supervisory Committee Members / Number of Shares 16,000 shares, Name 3 of the Company's directors who are Audit & Supervisory Committee members / Number of Shares 2,800 shares, Name 10 executive officers of the Company / Number of Shares 26,000 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to any third party, pledged, subjected to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed, or otherwise disposed of in any way. The shares will be held and maintained in accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Total number of issued shares | Increase of 44,800 shares (the number of issued shares before and after the issuance: Not disclosed) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, ¥2,066. No discount or premium. |
| Transfer restriction period | From 22 July 2026 to 21 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the shares held at the end of the restriction period will be lifted, provided that the recipient remains a director or executive officer of the Company continuously through the date of the first annual general meeting of shareholders held after 22 July 2026. If the recipient leaves office for a legitimate reason, the restrictions will be lifted in part based on the number of months in office. |
| Reason for acquisition without consideration | If the recipient leaves office by the day before the date of the first annual general meeting of shareholders held after the start of the restriction period, except where the Board of Directors recognizes a legitimate reason. Also, if any shares remain subject to transfer restrictions at the end of the restriction period. In the event of a corporate reorganization or similar transaction, if any shares remain subject to transfer restrictions as of the business day preceding the effective date. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding directors who are Audit & Supervisory Committee Members: 16,000 shares; 3 directors of the Company who are Audit & Supervisory Committee Members: 2,800 shares; 10 executive officers of the Company: 26,000 shares |
| Total Stock-Based Compensation | Amount of monetary remuneration claims: ¥33,056,000 for directors of the Company, excluding directors who are Audit & Supervisory Committee Members; ¥5,784,800 for directors who are Audit & Supervisory Committee Members; and ¥53,716,000 for executive officers. Total: ¥92,556,800. |
| Impact on Business Performance | Impact on business performance from this issuance of new shares Not disclosed |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering
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 directors and executive officers with an incentive to sustainably enhance corporate value from a medium- to long-term perspective, while promoting greater value sharing with shareholders.
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.