Worth reading
51Recurring
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
5088
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,088Shares
5,088 common shares of the Company (treasury shares)
3 directors, excluding directors who are Audit & Supervisory Committee members and outside directors: 5,088 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥7,840 per share
Total issue value
¥39,889,920
Amount of funds to be raised
Total amount paid: ¥39,889,920; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥39,889,920. The compensation limit under the scheme is ¥120 million per year, and the total number of common shares is limited to 48 thousand shares per year.
発行済株式総数
No increase, as this is a disposal of treasury shares
As this is a disposal of treasury shares and the total number of shares issued will not increase, there will be no dilution.
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 date on which the recipient ceases to hold the position of director of the Company
Conditions for lifting transfer restrictions
The holder must continuously hold the position of director of the Company from 24 July 2026 until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the holder ceases to hold the position due to death, expiry of the term of office or another reason deemed legitimate by the Company's Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
3 directors, excluding directors who are Audit & Supervisory Committee members and outside directors: 5,088 shares
Intended allottee's holding policy
From 24 July 2026 until the date on which the holders cease to hold the position of director of the Company, transfers, the creation of security interests and other dispositions will be prohibited.
Payment date
24 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, ¥7,840. There is no discount or premium.
Procedures under the Corporate Code of Conduct
At the 106th Ordinary General Meeting of Shareholders held on 26 June 2026, approval was obtained for the restricted stock compensation plan and the compensation limit, among other matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 5,088 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥7,840 per share |
| Total issue value | ¥39,889,920 |
| Amount of funds to be raised | Total amount paid: ¥39,889,920; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | 3 directors, excluding directors who are Audit & Supervisory Committee members and outside directors: 5,088 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which the holders cease to hold the position of director of the Company, transfers, the creation of security interests and other dispositions will be prohibited. |
| Dilution Rate | As this is a disposal of treasury shares and the total number of shares issued will not increase, there will be no dilution. |
| Total number of issued shares | No increase, as this is a disposal of treasury shares |
| 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, ¥7,840. There is no discount or premium. |
| Transfer restriction period | From 24 July 2026 until the date on which the recipient ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | The holder must continuously hold the position of director of the Company from 24 July 2026 until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the holder ceases to hold the position due to death, expiry of the term of office or another reason deemed legitimate by the Company's Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 3 directors, excluding directors who are Audit & Supervisory Committee members and outside directors: 5,088 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥39,889,920. The compensation limit under the scheme is ¥120 million per year, and the total number of common shares is limited to 48 thousand shares per year. |
| Procedures under the Corporate Code of Conduct | At the 106th Ordinary General Meeting of Shareholders held on 26 June 2026, approval was obtained for the restricted stock compensation plan and the compensation limit, among other matters. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise 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 an incentive for the sustainable enhancement of corporate value and shareholder value over the medium to long term, and to promote value sharing with shareholders. The Company also took into consideration its business performance, the scope of responsibilities of each eligible director and other relevant factors.
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.