Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
70484
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much70,484Shares
New shares: 70,484 shares
3 Company directors, excluding Directors who are Audit and Supervisory Committee Members and Outside Directors: 70,484 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥681 per share
Total issue value
¥47,999,604
Amount of funds to be raised
Total payment amount: ¥47,999,604; estimated net proceeds: Not disclosed
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 the payment date, 3 August 2026, until the time the recipient ceases to hold any position as a director of the Company or any of its subsidiaries
Conditions for lifting transfer restrictions
Provided that the recipient has held a position as a director of the Company or any of its subsidiaries during the transfer restriction period, all of the shares will be released from the transfer restrictions upon expiry of the transfer restriction period. If the recipient ceases to hold the position due to death or any other legitimate reason, the restrictions will be released for the number of shares corresponding to the number of months in office. In the event of a reorganization or similar transaction, the restrictions will be released before the effective date for a reasonably determined number of shares.
Reason for acquisition without consideration
If it is determined that the recipient will cease to hold any position as a director of the Company or any of its subsidiaries for a reason other than death, expiry of the term of office, or any other legitimate reason. Even if the recipient ceases to hold the position for a legitimate reason, the Company will acquire without consideration any shares that remain subject to the transfer restrictions. The Company will also acquire without consideration any shares that remain subject to the transfer restrictions in the event of a reorganization or similar transaction.
Categories and Number of Persons Covered
3 Company directors, excluding Directors who are Audit and Supervisory Committee Members and Outside Directors: 70,484 shares
Intended allottee's holding policy
For a specified period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from the payment date until the time the recipient ceases to hold any position as a director of the Company or any of its subsidiaries.
Payment date
3 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥681. Discount rate/premium rate: 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 | New shares: 70,484 shares |
| Issue price and disposal price | ¥681 per share |
| Total issue value | ¥47,999,604 |
| Amount of funds to be raised | Total payment amount: ¥47,999,604; estimated net proceeds: Not disclosed |
| Payment date | 3 August 2026 |
| Intended allottee | 3 Company directors, excluding Directors who are Audit and Supervisory Committee Members and Outside Directors: 70,484 shares |
| Intended allottee's holding policy | For a specified period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from the payment date until the time the recipient ceases to hold any position as a director of the Company or any of its subsidiaries. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥681. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From the payment date, 3 August 2026, until the time the recipient ceases to hold any position as a director of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | Provided that the recipient has held a position as a director of the Company or any of its subsidiaries during the transfer restriction period, all of the shares will be released from the transfer restrictions upon expiry of the transfer restriction period. If the recipient ceases to hold the position due to death or any other legitimate reason, the restrictions will be released for the number of shares corresponding to the number of months in office. In the event of a reorganization or similar transaction, the restrictions will be released before the effective date for a reasonably determined number of shares. |
| Reason for acquisition without consideration | If it is determined that the recipient will cease to hold any position as a director of the Company or any of its subsidiaries for a reason other than death, expiry of the term of office, or any other legitimate reason. Even if the recipient ceases to hold the position for a legitimate reason, the Company will acquire without consideration any shares that remain subject to the transfer restrictions. The Company will also acquire without consideration any shares that remain subject to the transfer restrictions in the event of a reorganization or similar transaction. |
| Categories and Number of Persons Covered | 3 Company directors, excluding Directors who are Audit and Supervisory Committee Members and Outside Directors: 70,484 shares |
Items this document does not state (15)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTotal Stock-Based CompensationUnderwriter / 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.In light of the increased roles and responsibilities of directors in responding to the rapidly changing business environment, the purpose is to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value, and to 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.
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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.