Worth reading
44Recurring
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
39
Shares (treasury shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much39Shares
39 treasury shares
27 employees of the Company, 39 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥12,820 per share. However, if the closing price on the Tokyo Stock Exchange on 21 May 2026 is higher than ¥12,820, the price will be that closing price.
Total issue value
¥499,980. However, if the closing price on the Tokyo Stock Exchange on 21 May 2026 is higher than ¥12,820, the amount will be the closing price on that date multiplied by 39 shares.
Amount of funds to be raised
Total monetary claims of ¥499,980 (if the closing price on the business day immediately preceding the date on which the terms are determined is higher than ¥12,820, the amount will be that closing price multiplied by 39 shares). Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims of ¥499,980. However, if the closing price on the business day immediately preceding the date on which the terms are determined is higher than ¥12,820, the amount will be that closing price multiplied by 39 shares.
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 until withdrawal from the employee stock ownership plan. The restriction on withdrawal will remain in effect until the date on which 5 years have elapsed from the day following the payment date.
Conditions for lifting transfer restrictions
If the recipient continuously remains a member of the employee stock ownership plan throughout the restriction period on withdrawal, all transfer restrictions will be lifted when the transfer restriction period expires. If the recipient loses membership upon expiry of the employment period, death or another reason deemed valid by the Company's Board of Directors, all transfer restrictions will be lifted at that time. In the event of a reorganization or similar transaction, the restrictions will be lifted subject to the prescribed conditions.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or another time specified in the agreement, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
27 employees of the Company, 39 shares
Intended allottee's holding policy
Until they withdraw from the employee stock ownership plan, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restrictions will be lifted provided that the recipient remains a member of the plan continuously for 5 years.
Payment date
15 June 2026
Basis for determining the amount to be paid
The higher of the closing price of ¥12,820 on the Tokyo Stock Exchange on 14 May 2026 and the closing price on 21 May 2026, the business day immediately preceding the date on which the terms are determined. The discount or premium rate is not provided as a figure.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 39 treasury shares |
| Issue price and disposal price | ¥12,820 per share. However, if the closing price on the Tokyo Stock Exchange on 21 May 2026 is higher than ¥12,820, the price will be that closing price. |
| Total issue value | ¥499,980. However, if the closing price on the Tokyo Stock Exchange on 21 May 2026 is higher than ¥12,820, the amount will be the closing price on that date multiplied by 39 shares. |
| Amount of funds to be raised | Total monetary claims of ¥499,980 (if the closing price on the business day immediately preceding the date on which the terms are determined is higher than ¥12,820, the amount will be that closing price multiplied by 39 shares). Estimated net proceeds: Not disclosed |
| Payment date | 15 June 2026 |
| Intended allottee | 27 employees of the Company, 39 shares |
| Intended allottee's holding policy | Until they withdraw from the employee stock ownership plan, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restrictions will be lifted provided that the recipient remains a member of the plan continuously for 5 years. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The higher of the closing price of ¥12,820 on the Tokyo Stock Exchange on 14 May 2026 and the closing price on 21 May 2026, the business day immediately preceding the date on which the terms are determined. The discount or premium rate is not provided as a figure. |
| Transfer restriction period | From the payment date until withdrawal from the employee stock ownership plan. The restriction on withdrawal will remain in effect until the date on which 5 years have elapsed from the day following the payment date. |
| Conditions for lifting transfer restrictions | If the recipient continuously remains a member of the employee stock ownership plan throughout the restriction period on withdrawal, all transfer restrictions will be lifted when the transfer restriction period expires. If the recipient loses membership upon expiry of the employment period, death or another reason deemed valid by the Company's Board of Directors, all transfer restrictions will be lifted at that time. In the event of a reorganization or similar transaction, the restrictions will be lifted subject to the prescribed conditions. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or another time specified in the agreement, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 27 employees of the Company, 39 shares |
| Total Stock-Based Compensation | Total monetary claims of ¥499,980. However, if the closing price on the business day immediately preceding the date on which the terms are determined is higher than ¥12,820, the amount will be that closing price multiplied by 39 shares. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 increase interest in and membership in the employee stock ownership plan, raise employees' awareness of participating in management by providing incentives for the sustained enhancement of corporate value, and promote value sharing with shareholders through the plan.
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.