Worth reading
50Recurring
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
42000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much42,000Shares
42,000 common shares of the Company (treasury shares)
2 directors of the Company (excluding outside directors)42,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,708.5 per share
Total issue value
¥71,757,000
Amount of funds to be raised
Total amount paid: ¥71,757,000; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims: ¥71,757,000. The total amount of monetary remuneration claims under this plan is limited to ¥350 million per year.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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
21 July 2026 to 20 July 2061 (35 years)
Conditions for lifting transfer restrictions
Provided that an eligible director continuously holds one of the following positions throughout the transfer restriction period, the transfer restrictions on all of the allocated shares held by that director at the end of the transfer restriction period will be lifted: director of the Company, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, adviser, counselor or any other equivalent position. In cases of retirement or resignation due to the expiration of the director's term, death or other reasons deemed legitimate by the Board of Directors, the transfer restrictions will be lifted for the prescribed number of shares.
Reason for acquisition without consideration
All allocated shares for which the transfer restrictions have not been lifted at the end of the transfer restriction period will be acquired without consideration. If an eligible director retires or resigns from the prescribed position without legitimate reason, the allocated shares will also be acquired without consideration.
Stock Split RatioThe Company conducted 2-for-1 stock splits of its common shares on 1 October 2018, 1 January 2021 and 1 October 2025, resulting in an aggregate eightfold adjustment.
Categories and Number of Persons Covered
2 directors of the Company, excluding outside directors; 42,000 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restrictions on shares that satisfy the applicable conditions will be lifted upon expiration of the transfer restriction period or at other specified times.
Payment date
21 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 19 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,708.5. No discount or premium was stated.
Impact on Business Performance
No impact on business performance 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 | 42,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,708.5 per share |
| Total issue value | ¥71,757,000 |
| Amount of funds to be raised | Total amount paid: ¥71,757,000; estimated net proceeds: not disclosed |
| Payment date | 21 July 2026 |
| Intended allottee | Name 2 directors of the Company (excluding outside directors) / Number of Shares 42,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restrictions on shares that satisfy the applicable conditions will be lifted upon expiration of the transfer restriction period or at other specified times. |
| Total number of issued shares | The total number of issued shares will not increase because 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 19 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,708.5. No discount or premium was stated. |
| Transfer restriction period | 21 July 2026 to 20 July 2061 (35 years) |
| Conditions for lifting transfer restrictions | Provided that an eligible director continuously holds one of the following positions throughout the transfer restriction period, the transfer restrictions on all of the allocated shares held by that director at the end of the transfer restriction period will be lifted: director of the Company, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, adviser, counselor or any other equivalent position. In cases of retirement or resignation due to the expiration of the director's term, death or other reasons deemed legitimate by the Board of Directors, the transfer restrictions will be lifted for the prescribed number of shares. |
| Reason for acquisition without consideration | All allocated shares for which the transfer restrictions have not been lifted at the end of the transfer restriction period will be acquired without consideration. If an eligible director retires or resigns from the prescribed position without legitimate reason, the allocated shares will also be acquired without consideration. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding outside directors; 42,000 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥71,757,000. The total amount of monetary remuneration claims under this plan is limited to ¥350 million per year. |
| Stock Split Ratio | The Company conducted 2-for-1 stock splits of its common shares on 1 October 2018, 1 January 2021 and 1 October 2025, resulting in an aggregate eightfold adjustment. |
| Impact on Business Performance | No impact on business performance stated |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 an incentive to achieve sustained growth in corporate value and to further promote the sharing of value with shareholders.
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.