Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
6400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much6,400Shares
6,400 common shares (new shares)
7 of the Company’s directors (excluding directors who are Audit and Supervisory Committee members)6,400 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,055 per share
Total issue value
¥13,152,000
Amount of funds to be raised
Total payment amount: ¥13,152,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims: ¥13,152,000
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
17 July 2026–16 July 2056 (30 years)
Conditions for lifting transfer restrictions
All transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the eligible director remains in the position of director of the Company throughout the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restrictions will be lifted for the shares corresponding to the period of service. In the event of departure due to death, the restrictions will be lifted at a time separately determined by the Board of Directors. In the event of a corporate reorganization or similar event, the restrictions will be lifted based on the period of service and other relevant factors.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted.
Categories and Number of Persons Covered
7 of the Company’s directors (excluding directors who are Audit and Supervisory Committee members), 6,400 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 17 July 2026 to 16 July 2056.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange Standard Market on 18 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥2,055. Discount/premium rate: Not disclosed
Impact on Business Performance
Description of the impact of the issuance of these new shares on business performance: 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 | 6,400 common shares (new shares) |
| Issue price and disposal price | ¥2,055 per share |
| Total issue value | ¥13,152,000 |
| Amount of funds to be raised | Total payment amount: ¥13,152,000; estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Name 7 of the Company’s directors (excluding directors who are Audit and Supervisory Committee members) / Number of Shares 6,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 17 July 2026 to 16 July 2056. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange Standard Market on 18 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥2,055. Discount/premium rate: Not disclosed |
| Transfer restriction period | 17 July 2026–16 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the eligible director remains in the position of director of the Company throughout the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restrictions will be lifted for the shares corresponding to the period of service. In the event of departure due to death, the restrictions will be lifted at a time separately determined by the Board of Directors. In the event of a corporate reorganization or similar event, the restrictions will be lifted based on the period of service and other relevant factors. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted. |
| Categories and Number of Persons Covered | 7 of the Company’s directors (excluding directors who are Audit and Supervisory Committee members), 6,400 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥13,152,000 |
| Impact on Business Performance | Description of the impact of the issuance of these new shares on business performance: Not disclosed |
Items this document does not state (13)
Estimated 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 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 the eligible directors with incentives to achieve sustained growth in corporate value and promote the sharing of value with shareholders over the medium to long term. The Company also took into consideration its business performance, the scope of each eligible director’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.