Worth reading
45Recurring
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
18500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock
Who receives how much18,500Shares
18,500 shares of the Company's common stock (treasury shares)
73 employees of the Company's subsidiaries, 18,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,230 per share
Total issue value
¥59,755,000
Amount of funds to be raised
Total payment amount: ¥59,755,000; estimated net proceeds: Not disclosed (because the treasury shares are being disposed of through an in-kind contribution)
Total Stock-Based Compensation
Total of monetary compensation claims and monetary claims: ¥59,755,000
発行済株式総数
Not disclosed (no disclosure of the impact of the disposal of treasury shares on the total number of issued shares)
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 27 August 2026 through 26 August 2031 (five years)
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as either a director or an employee of the Company or one of its subsidiaries during the transfer restriction period, the transfer restrictions on all of the shares allotted under this arrangement will be lifted on the date the transfer restriction period expires. If the recipient loses that position due to the expiration of a term of office, the expiration of an employment term, or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be lifted on the number of shares determined by the Board of Directors.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares on which the transfer restrictions have not been lifted when the transfer restriction period expires.
Offering structure
Underwriter / lead underwriter
Daiwa Securities Co., Ltd. (listed as the administrator of the account dedicated to restricted stock)
Categories and Number of Persons Covered
73 employees of the Company's subsidiaries, 18,500 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. On the date the transfer restriction period expires, the transfer restrictions will be lifted for all shares that meet the conditions for lifting the restrictions.
Payment date
27 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 29 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,230. No discount or premium was applied.
Impact on Business Performance
The impact of this disposal of treasury shares on financial results is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock |
| Number of shares to be issued or disposed of | 18,500 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,230 per share |
| Total issue value | ¥59,755,000 |
| Amount of funds to be raised | Total payment amount: ¥59,755,000; estimated net proceeds: Not disclosed (because the treasury shares are being disposed of through an in-kind contribution) |
| Payment date | 27 August 2026 |
| Intended allottee | 73 employees of the Company's subsidiaries, 18,500 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. On the date the transfer restriction period expires, the transfer restrictions will be lifted for all shares that meet the conditions for lifting the restrictions. |
| Dilution Rate | Not disclosed (no disclosure of the impact of the disposal of treasury shares on the total number of issued shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 29 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,230. No discount or premium was applied. |
| Transfer restriction period | From 27 August 2026 through 26 August 2031 (five years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as either a director or an employee of the Company or one of its subsidiaries during the transfer restriction period, the transfer restrictions on all of the shares allotted under this arrangement will be lifted on the date the transfer restriction period expires. If the recipient loses that position due to the expiration of a term of office, the expiration of an employment term, or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be lifted on the number of shares determined by the Board of Directors. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares on which the transfer restrictions have not been lifted when the transfer restriction period expires. |
| Categories and Number of Persons Covered | 73 employees of the Company's subsidiaries, 18,500 shares |
| Total Stock-Based Compensation | Total of monetary compensation claims and monetary claims: ¥59,755,000 |
| Underwriter / lead underwriter | Daiwa Securities Co., Ltd. (listed as the administrator of the account dedicated to restricted stock) |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsOverallotmentStock 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 an incentive to achieve sustained enhancement of the corporate value of the Group, promote greater sharing of value with shareholders, and encourage long-term, continuous service and other objectives.
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.