Worth reading
49Recurring
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
7982150
¥Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much2,530Shares
2,530 common shares of the Company (treasury shares)
6 executive officers of the Company2,530 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,155 per share
Total issue value
¥7,982,150
Amount of funds to be raised
Total payment amount: ¥7,982,150; estimated net proceeds: Not disclosed (contribution in kind of monetary compensation claims)
Total Stock-Based Compensation
Total monetary compensation claims: ¥7,982,150. The annual limit for compensation under the stock compensation plan is ¥20 million.
発行済株式総数
Not applicable (disposal of treasury shares)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 18 July 2026 until the recipient retires or resigns from any position as a director, audit & supervisory board member, executive officer or employee of the Company or any of its subsidiaries
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as a director, audit & supervisory board member, executive officer or employee of the Company or any of its subsidiaries throughout the transfer restriction period, all transfer restrictions on the allocated shares held at the end of the period will be lifted. In the event of a corporate reorganization or similar transaction, the number of shares to be released will be reasonably determined by resolution of the Board of Directors.
Reason for acquisition without consideration
If the recipient retires or resigns from all positions as a director, audit & supervisory board member, executive officer and employee of the Company and its subsidiaries before the end of the transfer restriction period, except where the Board of Directors recognizes a legitimate reason. Also, if any shares remain subject to transfer restrictions at the end of the period. In the event of a corporate reorganization or similar transaction, all shares that remain subject to transfer restrictions as of the business day immediately preceding the effective date will be acquired without consideration.
Categories and Number of Persons Covered
6 executive officers of the Company, 2,530 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged, subjected to a transfer security interest, gifted during the donor’s lifetime, bequeathed or otherwise disposed of in any way. The transfer restriction period runs until the recipient retires or resigns from any position as a director, audit & supervisory board member, executive officer or employee of the Company or any of its subsidiaries.
Payment date
18 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 18 June 2026, ¥3,155. The closing price on the business day immediately preceding the determination date was adopted without adjustment, with no discount or premium.
Procedures under the Corporate Code of Conduct
At the 76th Annual General Meeting of Shareholders held on 16 June 2023, approval was obtained for the introduction of the restricted stock compensation plan, the aggregate compensation limit and the maximum number of shares, among other matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 2,530 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥3,155 per share |
| Total issue value | ¥7,982,150 |
| Amount of funds to be raised | Total payment amount: ¥7,982,150; estimated net proceeds: Not disclosed (contribution in kind of monetary compensation claims) |
| Payment date | 18 July 2026 |
| Intended allottee | Category 6 executive officers of the Company / Number of Shares 2,530 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, subjected to a transfer security interest, gifted during the donor’s lifetime, bequeathed or otherwise disposed of in any way. The transfer restriction period runs until the recipient retires or resigns from any position as a director, audit & supervisory board member, executive officer or employee of the Company or any of its subsidiaries. |
| Dilution Rate | Not applicable (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 18 June 2026, ¥3,155. The closing price on the business day immediately preceding the determination date was adopted without adjustment, with no discount or premium. |
| Transfer restriction period | From 18 July 2026 until the recipient retires or resigns from any position as a director, audit & supervisory board member, executive officer or employee of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, audit & supervisory board member, executive officer or employee of the Company or any of its subsidiaries throughout the transfer restriction period, all transfer restrictions on the allocated shares held at the end of the period will be lifted. In the event of a corporate reorganization or similar transaction, the number of shares to be released will be reasonably determined by resolution of the Board of Directors. |
| Reason for acquisition without consideration | If the recipient retires or resigns from all positions as a director, audit & supervisory board member, executive officer and employee of the Company and its subsidiaries before the end of the transfer restriction period, except where the Board of Directors recognizes a legitimate reason. Also, if any shares remain subject to transfer restrictions at the end of the period. In the event of a corporate reorganization or similar transaction, all shares that remain subject to transfer restrictions as of the business day immediately preceding the effective date will be acquired without consideration. |
| Categories and Number of Persons Covered | 6 executive officers of the Company, 2,530 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥7,982,150. The annual limit for compensation under the stock compensation plan is ¥20 million. |
| Procedures under the Corporate Code of Conduct | At the 76th Annual General Meeting of Shareholders held on 16 June 2023, approval was obtained for the introduction of the restricted stock compensation plan, the aggregate compensation limit and the maximum number of shares, among other matters. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 strengthen the alignment of interests with shareholders through movements in the share price and increase the recipients’ motivation to contribute to enhancing corporate value and improving performance over the medium to long term.
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.