Worth reading
41Recurring
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
163275
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much163,275Shares
163,275 shares of the company's common stock (treasury shares)
Directors of the Company (excluding outside directors)3 / 66,591 shares
Executive officers of the Company with titles2 / 35,604 shares
The Company's executive officers15 / 61,080 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.
¥668 per share
Amount of funds to be raised
Total amount paid in: ¥109,067,700 (no net proceeds estimate stated)
Total Stock-Based Compensation
Total monetary claims: ¥109,067,700
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 April 2026 until immediately after the recipient ceases to be a director, executive officer with a title or executive officer of the company
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds one of the positions of director, executive officer with a title or executive officer of the company throughout the service period, all restrictions will be lifted upon expiry of the restriction period. If the recipient ceases to hold office or leaves employment due to retirement at the mandatory retirement age or another legitimate reason, the restrictions will be lifted immediately thereafter with respect to the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
If, during the restriction period, the recipient engages in an act violating laws or regulations or falls under any other specified circumstance set out in the allocation agreement, the company will acquire all of the shares without consideration. The company will also acquire without consideration any shares for which the restrictions are not lifted.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 66,591 shares, Category Executive officers with titles / Number of Employees 2 / Number of allocated shares 35,604 shares, Category Executive Officer / Number of Employees 15 / Number of allocated shares 61,080 shares
Intended allottee's holding policy
During the restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests or otherwise disposing of them in any way, and will manage the shares in dedicated accounts.
Payment date
27 April 2026
Basis for determining the amount to be paid
The closing price of the company's common stock on the Tokyo Stock Exchange Prime Market on 26 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥668. No discount or premium rate was 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 | 163,275 shares of the company's common stock (treasury shares) |
| Issue price and disposal price | ¥668 per share |
| Amount of funds to be raised | Total amount paid in: ¥109,067,700 (no net proceeds estimate stated) |
| Payment date | 27 April 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 66,591 shares, Name Executive officers of the Company with titles / Number of Employees 2 / Number of Shares 35,604 shares, Name The Company's executive officers / Number of Employees 15 / Number of Shares 61,080 shares |
| Intended allottee's holding policy | During the restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests or otherwise disposing of them in any way, and will manage the shares in dedicated accounts. |
| Basis for determining the amount to be paid | The closing price of the company's common stock on the Tokyo Stock Exchange Prime Market on 26 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥668. No discount or premium rate was stated. |
| Transfer restriction period | From 27 April 2026 until immediately after the recipient ceases to be a director, executive officer with a title or executive officer of the company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the positions of director, executive officer with a title or executive officer of the company throughout the service period, all restrictions will be lifted upon expiry of the restriction period. If the recipient ceases to hold office or leaves employment due to retirement at the mandatory retirement age or another legitimate reason, the restrictions will be lifted immediately thereafter with respect to the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | If, during the restriction period, the recipient engages in an act violating laws or regulations or falls under any other specified circumstance set out in the allocation agreement, the company will acquire all of the shares without consideration. The company will also acquire without consideration any shares for which the restrictions are not lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 66,591 shares, Category Executive officers with titles / Number of Employees 2 / Number of allocated shares 35,604 shares, Category Executive Officer / Number of Employees 15 / Number of allocated shares 61,080 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥109,067,700 |
Items this document does not state (15)
Total issue valueEstimated 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 recipients with an incentive to continuously enhance corporate value and promote value sharing with shareholders. The company considered the purpose of the plan, its business performance, the scope of each recipient's responsibilities 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.