Worth reading
41Recurring
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
3780
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,780Shares
3,780 common shares of the Company (treasury shares)
Directors of the Company (excluding outside directors)4 / 1,780 shares
The Company's executive officers7 / 2,000 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.
¥5,850 per share
Total issue value
¥22,113,000
Amount of funds to be raised
Total payment amount: ¥22,113,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥22,113,000
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
For eligible directors, from 9 June 2026 until the date on which they retire as directors of the Company. For eligible executive officers, from 9 June 2026 until the date on which they retire from both their positions as directors and executive officers of the Company.
Conditions for lifting transfer restrictions
For eligible directors, all of the restricted shares held will be released from the transfer restrictions on the condition that the recipient remains a director through the date of the first annual general meeting of shareholders to be held after the grant. In the event of retirement for a reason deemed valid, the restrictions will be released in proportion to the number of months in office. For eligible executive officers, all of the restricted shares held will be released from the transfer restrictions on the condition that the recipient remains a director or executive officer through the last day of the first fiscal year to end after the grant. In the event of retirement for a reason deemed valid, the restrictions will be released in proportion to the number of months in office.
Reason for acquisition without consideration
If an eligible director retires before the date of the first annual general meeting of shareholders to be held after the grant, or an eligible executive officer retires before the last day of the first fiscal year to end after the grant, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to the transfer restrictions when the restriction period expires, or if any shares remain subject to the 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 outside directors), 1,780 shares; 7 executive officers of the Company, 2,000 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the recipients may not transfer the shares to any third party, create a pledge or security interest by way of transfer, make an inter vivos gift, bequeath the shares, or otherwise dispose of them in any way.
Payment date
9 June 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 May 2026 was ¥5,850. No discount or premium rate is 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 | 3,780 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥5,850 per share |
| Total issue value | ¥22,113,000 |
| Amount of funds to be raised | Total payment amount: ¥22,113,000; estimated net proceeds: Not disclosed |
| Payment date | 9 June 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of Shares 1,780 shares, Name The Company's executive officers / Number of Employees 7 / Number of Shares 2,000 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the recipients may not transfer the shares to any third party, create a pledge or security interest by way of transfer, make an inter vivos gift, bequeath the shares, or otherwise dispose of them in any way. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 May 2026 was ¥5,850. No discount or premium rate is stated. |
| Transfer restriction period | For eligible directors, from 9 June 2026 until the date on which they retire as directors of the Company. For eligible executive officers, from 9 June 2026 until the date on which they retire from both their positions as directors and executive officers of the Company. |
| Conditions for lifting transfer restrictions | For eligible directors, all of the restricted shares held will be released from the transfer restrictions on the condition that the recipient remains a director through the date of the first annual general meeting of shareholders to be held after the grant. In the event of retirement for a reason deemed valid, the restrictions will be released in proportion to the number of months in office. For eligible executive officers, all of the restricted shares held will be released from the transfer restrictions on the condition that the recipient remains a director or executive officer through the last day of the first fiscal year to end after the grant. In the event of retirement for a reason deemed valid, the restrictions will be released in proportion to the number of months in office. |
| Reason for acquisition without consideration | If an eligible director retires before the date of the first annual general meeting of shareholders to be held after the grant, or an eligible executive officer retires before the last day of the first fiscal year to end after the grant, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to the transfer restrictions when the restriction period expires, or if any shares remain subject to the 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 outside directors), 1,780 shares; 7 executive officers of the Company, 2,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥22,113,000 |
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.To provide restricted stock compensation to the eligible directors and executive officers. The amount of monetary compensation receivables for each recipient is determined after comprehensively considering factors including the recipient's contribution to the Company.
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.