Worth reading
43Recurring
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
20700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much20,700Shares
20,700 shares of the Company’s common stock (treasury shares)
Representative directors and executive directors4 / 17,100 shares
Executive officers (excluding those concurrently serving as directors)6 / 3,600 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.
¥1,600 per share
Total issue value
¥33,120,000
Amount of funds to be raised
Total payment amount: ¥33,120,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary compensation receivables of ¥33,120,000
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
Not applicable (as this is a disposal of treasury shares, the total number of issued shares will not increase)
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
Plan I: 30 July 2026 to 29 July 2046 (20 years). Plan II: 30 July 2026 to 29 July 2031 (5 years).
Conditions for lifting transfer restrictions
For eligible directors, all transfer restrictions will be lifted upon expiration of the restriction period, provided that they remain in office as directors of the Company throughout the period. If they leave office for a valid reason, the restrictions will be lifted immediately after their departure for the number of shares corresponding to their period of service. For eligible executive officers, all transfer restrictions will likewise be lifted upon expiration of the restriction period, provided that they remain in office as executive officers of the Company throughout the period. If they leave office upon expiration of their term, due to death, upon becoming a director or audit & supervisory board member, upon reaching the mandatory retirement age for employees, or for any other reason deemed valid by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to their period of service.
Reason for acquisition without consideration
If an eligible director or eligible executive officer leaves office before expiration of the restriction period for any reason other than a valid reason. If any shares remain subject to transfer restrictions at the expiration of the restriction period. 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
Representative directors and executive directors: 4 people, 17,100 shares; executive officers (excluding those concurrently serving as directors): 6 people, 3,600 shares
Intended allottee's holding policy
During the restriction period, the recipients may not transfer the shares to any third party, create security interests over them, or otherwise dispose of them in any way. The shares allocated to the eligible directors will be subject to transfer restrictions from 30 July 2026 through 29 July 2046, and those allocated to the eligible executive officers from 30 July 2026 through 29 July 2031.
Payment date
30 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange Prime Market on 14 July 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,600. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 20,700 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥1,600 per share |
| Total issue value | ¥33,120,000 |
| Amount of funds to be raised | Total payment amount: ¥33,120,000; estimated net proceeds: Not disclosed |
| Payment date | 30 July 2026 |
| Intended allottee | Name Representative directors and executive directors / Number of Employees 4 / Number of Shares 17,100 shares, Name Executive officers (excluding those concurrently serving as directors) / Number of Employees 6 / Number of Shares 3,600 shares |
| Intended allottee's holding policy | During the restriction period, the recipients may not transfer the shares to any third party, create security interests over them, or otherwise dispose of them in any way. The shares allocated to the eligible directors will be subject to transfer restrictions from 30 July 2026 through 29 July 2046, and those allocated to the eligible executive officers from 30 July 2026 through 29 July 2031. |
| Dilution Rate | Not applicable (as this is a disposal of treasury shares, the total number of issued shares will not increase) |
| 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 closing price of the Company’s common stock on the Tokyo Stock Exchange Prime Market on 14 July 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,600. No discount or premium rate was stated. |
| Transfer restriction period | Plan I: 30 July 2026 to 29 July 2046 (20 years). Plan II: 30 July 2026 to 29 July 2031 (5 years). |
| Conditions for lifting transfer restrictions | For eligible directors, all transfer restrictions will be lifted upon expiration of the restriction period, provided that they remain in office as directors of the Company throughout the period. If they leave office for a valid reason, the restrictions will be lifted immediately after their departure for the number of shares corresponding to their period of service. For eligible executive officers, all transfer restrictions will likewise be lifted upon expiration of the restriction period, provided that they remain in office as executive officers of the Company throughout the period. If they leave office upon expiration of their term, due to death, upon becoming a director or audit & supervisory board member, upon reaching the mandatory retirement age for employees, or for any other reason deemed valid by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to their period of service. |
| Reason for acquisition without consideration | If an eligible director or eligible executive officer leaves office before expiration of the restriction period for any reason other than a valid reason. If any shares remain subject to transfer restrictions at the expiration of the restriction period. 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 | Representative directors and executive directors: 4 people, 17,100 shares; executive officers (excluding those concurrently serving as directors): 6 people, 3,600 shares |
| Total Stock-Based Compensation | Monetary compensation receivables of ¥33,120,000 |
Items this document does not state (12)
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 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 promote value sharing with shareholders and further increase recipients’ motivation to contribute to the appreciation of the share price and enhancement of corporate value.
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.