Worth reading
51Recurring
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
17295
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much17,295Shares
17,295 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding outside directors)3 / 9,090 shares
The Company's executive officers9 / 8,205 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.
¥1,619 per share
Total issue value
¥28,000,605
Amount of funds to be raised
Total amount paid: ¥28,000,605; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥28,000,605. The annual compensation limit for the eligible directors is ¥40 million.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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
The period from 7 August 2026 until the recipients retire from all positions as directors and executive officers of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as either a director or executive officer of the Company during the service provision period from 26 June 2026 through the date of the annual general meeting of shareholders in the following year. If the recipient retires for a legitimate reason, the number of shares subject to lifting of the restrictions and the timing of such lifting will be reasonably adjusted.
Reason for acquisition without consideration
At the end of the transfer restriction period or when the transfer restrictions are lifted, the Company will acquire without consideration any shares for which the transfer restrictions are not lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to the restrictions after the transfer restrictions are lifted.
Stock Split RatioEach share was split into 2 shares. The split was implemented on 1 October 2025.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 9,090 shares, Category The Company's executive officers / Number of Employees 9 / Number of allocated shares 8,205 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, used to establish a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. Until the transfer restrictions are lifted, the shares will be managed in a designated account with a designated financial instruments business operator.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 8 July 2026, ¥1,619. The discount and premium rates are 0%.
Procedures under the Corporate Code of Conduct
At the annual general meeting of shareholders held on 28 June 2022, approval was obtained for this plan and an annual compensation limit of ¥40 million for eligible directors, among other matters. The amount of the monetary compensation claims was determined in accordance with criteria resolved by the Board of Directors following deliberation and a recommendation by the Nomination and Compensation Advisory Committee.
Impact on Business Performance
The impact of this matter on business performance is 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 | 17,295 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,619 per share |
| Total issue value | ¥28,000,605 |
| Amount of funds to be raised | Total amount paid: ¥28,000,605; estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 9,090 shares, Name The Company's executive officers / Number of Employees 9 / Number of Shares 8,205 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, used to establish a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. Until the transfer restrictions are lifted, the shares will be managed in a designated account with a designated financial instruments business operator. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 8 July 2026, ¥1,619. The discount and premium rates are 0%. |
| Transfer restriction period | The period from 7 August 2026 until the recipients retire from all positions as directors and executive officers of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as either a director or executive officer of the Company during the service provision period from 26 June 2026 through the date of the annual general meeting of shareholders in the following year. If the recipient retires for a legitimate reason, the number of shares subject to lifting of the restrictions and the timing of such lifting will be reasonably adjusted. |
| Reason for acquisition without consideration | At the end of the transfer restriction period or when the transfer restrictions are lifted, the Company will acquire without consideration any shares for which the transfer restrictions are not lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to the restrictions after the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 9,090 shares, Category The Company's executive officers / Number of Employees 9 / Number of allocated shares 8,205 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥28,000,605. The annual compensation limit for the eligible directors is ¥40 million. |
| Stock Split Ratio | Each share was split into 2 shares. The split was implemented on 1 October 2025. |
| Procedures under the Corporate Code of Conduct | At the annual general meeting of shareholders held on 28 June 2022, approval was obtained for this plan and an annual compensation limit of ¥40 million for eligible directors, among other matters. The amount of the monetary compensation claims was determined in accordance with criteria resolved by the Board of Directors following deliberation and a recommendation by the Nomination and Compensation Advisory Committee. |
| Impact on Business Performance | The impact of this matter on business performance is Not disclosed |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentMost recent equity financingMajor shareholders after the offering
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 enhance corporate value over the medium to long term and further promote value sharing 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.