Worth reading
50Recurring
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
7200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much7,200Shares
7,200 treasury shares
5 directors (excluding outside directors)7,200 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥646 per share
Total issue value
¥4,651,200
Amount of funds to be raised
Total payment amount: ¥4,651,200; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥4,651,200
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
3 years (23 July 2026 to 22 July 2029)
Conditions for lifting transfer restrictions
Provided that an eligible director continuously holds the position of director of the Company throughout the transfer restriction period, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period. In the event of retirement due to expiration of the term of office, the mandatory retirement age, or another legitimate reason, some or all of the restrictions will be released in proportion to the number of months in office.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted.
Categories and Number of Persons Covered
5 directors, excluding outside directors; 7,200 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 23 July 2026 to 22 July 2029.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥646. The Company states that this does not constitute a particularly favorable price.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 7,200 treasury shares |
| Issue price and disposal price | ¥646 per share |
| Total issue value | ¥4,651,200 |
| Amount of funds to be raised | Total payment amount: ¥4,651,200; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name 5 directors (excluding outside directors) / Number of Shares 7,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 23 July 2026 to 22 July 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥646. The Company states that this does not constitute a particularly favorable price. |
| Transfer restriction period | 3 years (23 July 2026 to 22 July 2029) |
| Conditions for lifting transfer restrictions | Provided that an eligible director continuously holds the position of director of the Company throughout the transfer restriction period, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period. In the event of retirement due to expiration of the term of office, the mandatory retirement age, or another legitimate reason, some or all of the restrictions will be released in proportion to the number of months in office. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted. |
| Categories and Number of Persons Covered | 5 directors, excluding outside directors; 7,200 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥4,651,200 |
Items this document does not state (14)
Estimated 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.The purpose is to provide medium- to long-term incentives, align interests with shareholders, recruit talented individuals as officers and employees, and further enhance the motivation of each eligible director.
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.