Worth reading
47Recurring
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
37120
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as share-based compensation (restricted stock compensation)
Who receives how much37,120Shares
37,120 shares of the Company's common stock (treasury shares)
4 directors24,640 shares
7 executive officers11,430 shares
1 trustee1,050 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.
¥1,675.5 per share
Amount of funds to be raised
Total payment amount: ¥62,194,560; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥62,194,560. For directors, the annual monetary compensation receivables limit is ¥60 million.
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 24 April 2026, the payment date, until the date on which the relevant officer ceases to be a director, executive officer or trustee of the Company
Conditions for lifting transfer restrictions
Provided that the recipient remains a director, executive officer or trustee continuously from 24 April 2026 through the date of the first annual general meeting of shareholders held thereafter, all transfer restrictions will be lifted upon expiration of the restricted period. If the recipient ceases to hold office due to death, expiration of the term of office or another reason deemed legitimate by the Board of Directors, all transfer restrictions will be lifted on the day following the date of cessation. In the event of a reorganization or similar transaction, all transfer restrictions will be lifted immediately before the business day preceding the effective date, subject to a resolution of the Board of Directors.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released.
Categories and Number of Persons Covered
Category Directors / Number of Employees 4 / Number of allocated shares 24,640 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 11,430 shares, Category Trustees / Number of Employees 1 / Number of allocated shares 1,050 shares
Intended allottee's holding policy
During the restricted period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The restricted period runs from 24 April 2026 until the date on which the relevant officer ceases to be a director, executive officer or trustee.
Payment date
24 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 8 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,675.5. The discount/premium rate is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as share-based compensation (restricted stock compensation) |
| Number of shares to be issued or disposed of | 37,120 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,675.5 per share |
| Amount of funds to be raised | Total payment amount: ¥62,194,560; estimated net proceeds: Not disclosed |
| Payment date | 24 April 2026 |
| Intended allottee | Category 4 directors / Number of Shares 24,640 shares, Category 7 executive officers / Number of Shares 11,430 shares, Category 1 trustee / Number of Shares 1,050 shares |
| Intended allottee's holding policy | During the restricted period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The restricted period runs from 24 April 2026 until the date on which the relevant officer ceases to be a director, executive officer or trustee. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 8 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,675.5. The discount/premium rate is Not disclosed. |
| Transfer restriction period | From 24 April 2026, the payment date, until the date on which the relevant officer ceases to be a director, executive officer or trustee of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient remains a director, executive officer or trustee continuously from 24 April 2026 through the date of the first annual general meeting of shareholders held thereafter, all transfer restrictions will be lifted upon expiration of the restricted period. If the recipient ceases to hold office due to death, expiration of the term of office or another reason deemed legitimate by the Board of Directors, all transfer restrictions will be lifted on the day following the date of cessation. In the event of a reorganization or similar transaction, all transfer restrictions will be lifted immediately before the business day preceding the effective date, subject to a resolution of the Board of Directors. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | Category Directors / Number of Employees 4 / Number of allocated shares 24,640 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 11,430 shares, Category Trustees / Number of Employees 1 / Number of allocated shares 1,050 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥62,194,560. For directors, the annual monetary compensation receivables limit is ¥60 million. |
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 incentives for the sustainable enhancement of corporate value and shareholder value over the medium to long term and promote value sharing with shareholders. The scope of the plan will also be expanded to include trustees for the same purpose.
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.