Worth reading
46Recurring
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
8733
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much8,733Shares
8,733 shares of the Company's common stock (treasury shares)
4 directors (excluding outside directors)5,625 shares
9 executive officers who do not concurrently serve as directors3,108 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.
¥4,180 per share
Amount of funds to be raised
Total amount to be paid: ¥36,503,940 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation claims: ¥36,503,940 (for directors, within the annual compensation limit of ¥60 million)
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 24 July 2026 to 23 July 2029 (3 years)
Conditions for lifting transfer restrictions
Provided that the applicable director or executive officer continuously holds the position of director or executive officer, respectively, of the Company during the transfer restriction period, all of the allocated shares will be released from the transfer restrictions at the end of the transfer restriction period. In the event of retirement upon expiration of the term of office, reaching the mandatory retirement age, or for any other legitimate reason, the transfer restrictions will be released for the number of shares determined according to the period of service. In the event of a corporate reorganization or similar transaction, the transfer restrictions will also be released for the number of shares determined according to the prescribed period of service.
Reason for acquisition without consideration
The Company will automatically acquire for no consideration any of the allocated shares for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,625 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 9 / Number of allocated shares 3,108 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period is from 24 July 2026 to 23 July 2029.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution. Discount rate/premium rate: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 8,733 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥4,180 per share |
| Amount of funds to be raised | Total amount to be paid: ¥36,503,940 (estimated net proceeds: Not disclosed) |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 5,625 shares, Category 9 executive officers who do not concurrently serve as directors / Number of Shares 3,108 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period is from 24 July 2026 to 23 July 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From 24 July 2026 to 23 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | Provided that the applicable director or executive officer continuously holds the position of director or executive officer, respectively, of the Company during the transfer restriction period, all of the allocated shares will be released from the transfer restrictions at the end of the transfer restriction period. In the event of retirement upon expiration of the term of office, reaching the mandatory retirement age, or for any other legitimate reason, the transfer restrictions will be released for the number of shares determined according to the period of service. In the event of a corporate reorganization or similar transaction, the transfer restrictions will also be released for the number of shares determined according to the prescribed period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire for no consideration any of the allocated shares for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 5,625 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 9 / Number of allocated shares 3,108 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥36,503,940 (for directors, within the annual compensation limit of ¥60 million) |
Items this document does not state (15)
Total issue valueEstimated 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 an incentive to achieve the medium- to long-term vision, further enhance governance, and promote the sharing of value with shareholders. The Company also stated that, in this disposal, it took into consideration the purpose of the system, the Company's operating conditions, the scope of responsibilities of each recipient, and other relevant circumstances.
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.