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
0.1
% (dilution rate relative to the total number of issued shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,570Shares
5,570 common shares of the Company (treasury shares)
The Company's directors (excluding directors who are Audit & Supervisory Committee Members)4 / 5,570 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥828 per share
Total issue value
¥4,611,960
Amount of funds to be raised
Total payment amount: ¥4,611,960; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥4,611,960. The annual compensation limit is ¥30 million or less.
発行済株式総数
0.10% (based on total issued shares of 5,500,000 as of 31 January 2026)
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 13 May 2026 until the date on which the eligible recipient loses the position of director of the Company or any other position designated by the Company's Board of Directors
Conditions for lifting transfer restrictions
The eligible recipient must continuously hold the applicable position from the start date of the transfer restriction period until the first annual general meeting of shareholders thereafter. If the recipient loses the position for a valid reason, the restrictions will be lifted in part based on the number of months in office.
Reason for acquisition without consideration
If the eligible recipient loses the applicable position without a valid reason before the day preceding the first annual general meeting of shareholders thereafter. Also, if any shares remain subject to transfer restrictions when the period expires, or if any shares remain subject to transfer restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
4 directors of the Company (excluding directors who are Audit and Supervisory Committee members), 5,570 shares
Intended allottee's holding policy
The shares will be held and maintained in a designated account opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the transfer restriction period, transfers to third parties and all other forms of disposal are prohibited.
Payment date
13 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 27 April 2026 was ¥828. No discount or premium was stated.
Impact on Business Performance
The dilution resulting from this disposal of treasury shares is minor at 0.10% and is considered reasonable in light of the purpose of the plan.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 5,570 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥828 per share |
| Total issue value | ¥4,611,960 |
| Amount of funds to be raised | Total payment amount: ¥4,611,960; estimated net proceeds: Not disclosed |
| Payment date | 13 May 2026 |
| Intended allottee | Name The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 4 / Number of Shares 5,570 shares |
| Intended allottee's holding policy | The shares will be held and maintained in a designated account opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the transfer restriction period, transfers to third parties and all other forms of disposal are prohibited. |
| Dilution Rate | 0.10% (based on total issued shares of 5,500,000 as of 31 January 2026) |
| Total number of issued shares | 5,500,000 shares (as of 31 January 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 27 April 2026 was ¥828. No discount or premium was stated. |
| Transfer restriction period | From 13 May 2026 until the date on which the eligible recipient loses the position of director of the Company or any other position designated by the Company's Board of Directors |
| Conditions for lifting transfer restrictions | The eligible recipient must continuously hold the applicable position from the start date of the transfer restriction period until the first annual general meeting of shareholders thereafter. If the recipient loses the position for a valid reason, the restrictions will be lifted in part based on the number of months in office. |
| Reason for acquisition without consideration | If the eligible recipient loses the applicable position without a valid reason before the day preceding the first annual general meeting of shareholders thereafter. Also, if any shares remain subject to transfer restrictions when the period expires, or if any shares remain subject to transfer restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding directors who are Audit and Supervisory Committee members), 5,570 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥4,611,960. The annual compensation limit is ¥30 million or less. |
| Impact on Business Performance | The dilution resulting from this disposal of treasury shares is minor at 0.10% and is considered reasonable in light of the purpose of the plan. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures 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 eligible directors with an incentive to achieve sustained growth in corporate value and to promote greater value sharing 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.