Worth reading
36Immaterial
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
374
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much374Shares
374 common shares of the company (treasury shares)
1 director of the company (excluding outside directors), 374 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥39,780 per share
Total issue value
¥14,877,720
Total Stock-Based Compensation
Total monetary compensation receivables: ¥14,877,720. The annual compensation limit under the scheme is ¥300 million or less.
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 2026-10-22 until the allottee ceases to hold either the position of director or executive officer of the company
Conditions for lifting transfer restrictions
The allottee must continuously hold either the position of director or executive officer of the company through the day of the first annual general meeting of shareholders held after 2026-10-22. If the allottee leaves office for a justifiable reason, a portion of the restrictions will be lifted in proportion to the number of months in office.
Reason for acquisition without consideration
If the allottee leaves office without a justifiable reason by the day before the first annual general meeting of shareholders is held, if there are shares for which the conditions for lifting the transfer restrictions are not met and the restrictions are therefore not lifted, or if the allottee leaves office in connection with a corporate reorganisation or other such event, the company will acquire the shares whose transfer restrictions have not been lifted without consideration.
Categories and Number of Persons Covered
1 director of the company (excluding outside directors), 374 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way.
Payment date
22 October 2026
Basis for determining the amount to be paid
The closing price of the company’s common shares on the Tokyo Stock Exchange on 24 September 2026: ¥39,780. The closing price on the business day immediately preceding the board resolution date was used.
Procedures under the Corporate Code of Conduct
Approval of the scheme, compensation limit, transfer restriction period and other matters was obtained at the 59th annual general meeting of shareholders held on 28 September 2021 and the 61st annual general meeting of shareholders held on 27 September 2023.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 374 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥39,780 per share |
| Total issue value | ¥14,877,720 |
| Payment date | 22 October 2026 |
| Intended allottee | 1 director of the company (excluding outside directors), 374 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of 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 24 September 2026: ¥39,780. The closing price on the business day immediately preceding the board resolution date was used. |
| Transfer restriction period | From 2026-10-22 until the allottee ceases to hold either the position of director or executive officer of the company |
| Conditions for lifting transfer restrictions | The allottee must continuously hold either the position of director or executive officer of the company through the day of the first annual general meeting of shareholders held after 2026-10-22. If the allottee leaves office for a justifiable reason, a portion of the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the allottee leaves office without a justifiable reason by the day before the first annual general meeting of shareholders is held, if there are shares for which the conditions for lifting the transfer restrictions are not met and the restrictions are therefore not lifted, or if the allottee leaves office in connection with a corporate reorganisation or other such event, the company will acquire the shares whose transfer restrictions have not been lifted without consideration. |
| Categories and Number of Persons Covered | 1 director of the company (excluding outside directors), 374 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥14,877,720. The annual compensation limit under the scheme is ¥300 million or less. |
| Procedures under the Corporate Code of Conduct | Approval of the scheme, compensation limit, transfer restriction period and other matters was obtained at the 59th annual general meeting of shareholders held on 28 September 2021 and the 61st annual general meeting of shareholders held on 27 September 2023. |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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 enable directors to share with shareholders the benefits and risks of share price fluctuations and increase their motivation to contribute to higher share prices and enhanced 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.