Worth reading
54Recurring
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
15900
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much15,900Shares
15,900 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding outside directors)4 / 5,700 shares
The Company's executive officers7 / 5,500 shares
The Company's councilors9 / 4,700 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.
¥5,490 per share
Total issue value
¥87,291,000
Amount of funds to be raised
Total payment amount: ¥87,291,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥87,291,000. The total amount of compensation approved at the general meeting of shareholders is capped at ¥100 million per year.
発行済株式総数
0.07% (based on 23,849,878 issued shares as of 31 March 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 23 July 2026 until the date on which the allocated recipient resigns or retires from all positions as a director, executive officer, councilor or advisor of the Company.
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as a director, executive officer, councilor or advisor of the Company until the date of the first annual general meeting of shareholders held after 23 July 2026, all of the allocated shares held at the end of the restriction period will be released from the transfer restrictions. In the event of resignation or retirement for a legitimate reason, the number of shares released immediately after the resignation or retirement will be calculated by multiplying the number of shares held by the number of months in office divided by 12. In the event of a corporate reorganization or similar transaction, the restrictions will also be released according to the prescribed number of months.
Reason for acquisition without consideration
If, without a legitimate reason, the recipient resigns or retires from all positions as a director, executive officer, councilor or advisor before the day preceding the date of the first annual general meeting of shareholders held after 23 July 2026. Shares for which the transfer restrictions remain in place at the end of the transfer restriction period. If the recipient resigns or retires due to a corporate reorganization or similar transaction, shares for which the transfer restrictions remain in place as of the business day preceding the effective date.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,700 shares, Category The Company's executive officers / Number of Employees 7 / Number of allocated shares 5,500 shares, Category The Company's councilors / Number of Employees 9 / Number of allocated shares 4,700 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the shares may not be transferred to a third party, pledged or subjected to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on the business day immediately preceding the Board of Directors' resolution date, 6 July 2026, was ¥5,490. The discount rate and premium rate are Not disclosed.
Procedures under the Corporate Code of Conduct
At the 88th Annual General Meeting of Shareholders held on 26 June 2026, approval was obtained for the introduction of the restricted stock compensation plan, the total amount of monetary compensation claims of up to ¥100 million per year, and a limit of 50,000 shares on the total number of shares allocated to eligible directors, 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 | 15,900 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥5,490 per share |
| Total issue value | ¥87,291,000 |
| Amount of funds to be raised | Total payment amount: ¥87,291,000; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of Shares 5,700 shares, Name The Company's executive officers / Number of Employees 7 / Number of Shares 5,500 shares, Name The Company's councilors / Number of Employees 9 / Number of Shares 4,700 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to a third party, pledged or subjected to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Dilution Rate | 0.07% (based on 23,849,878 issued shares as of 31 March 2026) |
| Total number of issued shares | 23,849,878 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on the business day immediately preceding the Board of Directors' resolution date, 6 July 2026, was ¥5,490. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | From 23 July 2026 until the date on which the allocated recipient resigns or retires from all positions as a director, executive officer, councilor or advisor of the Company. |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, executive officer, councilor or advisor of the Company until the date of the first annual general meeting of shareholders held after 23 July 2026, all of the allocated shares held at the end of the restriction period will be released from the transfer restrictions. In the event of resignation or retirement for a legitimate reason, the number of shares released immediately after the resignation or retirement will be calculated by multiplying the number of shares held by the number of months in office divided by 12. In the event of a corporate reorganization or similar transaction, the restrictions will also be released according to the prescribed number of months. |
| Reason for acquisition without consideration | If, without a legitimate reason, the recipient resigns or retires from all positions as a director, executive officer, councilor or advisor before the day preceding the date of the first annual general meeting of shareholders held after 23 July 2026. Shares for which the transfer restrictions remain in place at the end of the transfer restriction period. If the recipient resigns or retires due to a corporate reorganization or similar transaction, shares for which the transfer restrictions remain in place as of the business day preceding the effective date. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,700 shares, Category The Company's executive officers / Number of Employees 7 / Number of allocated shares 5,500 shares, Category The Company's councilors / Number of Employees 9 / Number of allocated shares 4,700 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥87,291,000. The total amount of compensation approved at the general meeting of shareholders is capped at ¥100 million per year. |
| Procedures under the Corporate Code of Conduct | At the 88th Annual General Meeting of Shareholders held on 26 June 2026, approval was obtained for the introduction of the restricted stock compensation plan, the total amount of monetary compensation claims of up to ¥100 million per year, and a limit of 50,000 shares on the total number of shares allocated to eligible directors, among other matters. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise 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 provide an incentive for the sustained enhancement of the Company's corporate value and to further promote the sharing of value 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.