Worth reading
38Recurring
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
8000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much8,000Shares
8,000 common shares of the Company (treasury shares)
6 of the Company's directors, excluding outside directors8,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,673 per share
Total issue value
¥13,384,000
Total Stock-Based Compensation
Total monetary compensation receivables of ¥13,384,000 (the annual compensation limit is ¥40 million)
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 7 August 2026 until immediately after the eligible director resigns or retires from any position as a director, executive officer, executive corporate officer, audit & supervisory board member, adviser, consultant, employee or other equivalent position at the Company or one of its subsidiaries.
Conditions for lifting transfer restrictions
Provided that the eligible director continuously holds a prescribed position or other equivalent position at the Company or one of its subsidiaries throughout the service period, the transfer restrictions on all shares will be lifted when the restricted transfer period expires. If the eligible director resigns or retires upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted immediately after resignation or retirement with respect to the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If the eligible director violates any law or regulation during the restricted transfer period, or if any other specified event set out in the allocation agreement occurs, the Company will acquire all of the shares held for no consideration. The Company will also acquire for no consideration any shares whose transfer restrictions are not lifted.
Categories and Number of Persons Covered
6 directors of the Company (excluding outside directors), 8,000 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred to a third party, pledged or otherwise disposed of in any way. The restricted transfer period runs from 7 August 2026 until immediately after the eligible director resigns or retires from any prescribed position at the Company or one of its subsidiaries.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,673. No discount or premium rate is 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 | 8,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,673 per share |
| Total issue value | ¥13,384,000 |
| Payment date | 7 August 2026 |
| Intended allottee | Name 6 of the Company's directors, excluding outside directors / Number of Shares 8,000 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred to a third party, pledged or otherwise disposed of in any way. The restricted transfer period runs from 7 August 2026 until immediately after the eligible director resigns or retires from any prescribed position at the Company or one of its subsidiaries. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,673. No discount or premium rate is stated. |
| Transfer restriction period | From 7 August 2026 until immediately after the eligible director resigns or retires from any position as a director, executive officer, executive corporate officer, audit & supervisory board member, adviser, consultant, employee or other equivalent position at the Company or one of its subsidiaries. |
| Conditions for lifting transfer restrictions | Provided that the eligible director continuously holds a prescribed position or other equivalent position at the Company or one of its subsidiaries throughout the service period, the transfer restrictions on all shares will be lifted when the restricted transfer period expires. If the eligible director resigns or retires upon expiration of the term of office or for another legitimate reason, the restrictions will be lifted immediately after resignation or retirement with respect to the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If the eligible director violates any law or regulation during the restricted transfer period, or if any other specified event set out in the allocation agreement occurs, the Company will acquire all of the shares held for no consideration. The Company will also acquire for no consideration any shares whose transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding outside directors), 8,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥13,384,000 (the annual compensation limit is ¥40 million) |
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 the eligible directors with an incentive to sustainably enhance corporate value and promote value sharing with shareholders. The purpose is also to further increase the motivation of each eligible director.
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.