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
4797
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much4,797Shares
4,797 treasury shares
3 directors of the Company (excluding outside directors)4,797 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,365 per share
Total issue value
¥11,344,905
Total Stock-Based Compensation
Total monetary claims of ¥11,344,905 (the annual compensation limit under the scheme is ¥100 million or less)
発行済株式総数
Not applicable (disposal of treasury shares)
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
From 7 August 2026 until immediately after the eligible recipients cease to hold office as directors of the Company
Conditions for lifting transfer restrictions
Provided that the recipient has continuously held office as a director of the Company throughout the service period, the transfer restrictions on all of the allocated shares will be lifted when the transfer restriction period expires. If the recipient ceases to hold office upon expiration of the term or for another legitimate reason, a certain proportion of the restrictions will be lifted immediately after the recipient ceases to hold office.
Reason for acquisition without consideration
If a recipient violates laws or regulations during the transfer restriction period or meets any other conditions specified in the allocation agreement, the Company will acquire all of the allocated shares held by that recipient without consideration. The Company will also acquire without consideration any shares whose transfer restrictions are not lifted.
Categories and Number of Persons Covered
3 directors of the Company, excluding outside directors; 4,797 shares
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, the creation of security interests and any other disposal are prohibited. The transfer restriction period runs from 7 August 2026 until immediately after the eligible recipients cease to hold office as directors of the Company.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 14 July 2026, ¥2,365. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
The resolution was approved by the Board of Directors after consultation with the Nomination and Compensation Advisory Committee. No information was provided regarding obtaining an opinion from an independent third party or confirming shareholder intent.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 4,797 treasury shares |
| Issue price and disposal price | ¥2,365 per share |
| Total issue value | ¥11,344,905 |
| Payment date | 7 August 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 4,797 shares |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, the creation of security interests and any other disposal are prohibited. The transfer restriction period runs from 7 August 2026 until immediately after the eligible recipients cease to hold office as directors of the Company. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 14 July 2026, ¥2,365. No discount or premium was stated. |
| Transfer restriction period | From 7 August 2026 until immediately after the eligible recipients cease to hold office as directors of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient has continuously held office as a director of the Company throughout the service period, the transfer restrictions on all of the allocated shares will be lifted when the transfer restriction period expires. If the recipient ceases to hold office upon expiration of the term or for another legitimate reason, a certain proportion of the restrictions will be lifted immediately after the recipient ceases to hold office. |
| Reason for acquisition without consideration | If a recipient violates laws or regulations during the transfer restriction period or meets any other conditions specified in the allocation agreement, the Company will acquire all of the allocated shares held by that recipient without consideration. The Company will also acquire without consideration any shares whose transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding outside directors; 4,797 shares |
| Total Stock-Based Compensation | Total monetary claims of ¥11,344,905 (the annual compensation limit under the scheme is ¥100 million or less) |
| Procedures under the Corporate Code of Conduct | The resolution was approved by the Board of Directors after consultation with the Nomination and Compensation Advisory Committee. No information was provided regarding obtaining an opinion from an independent third party or confirming shareholder intent. |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsTotal 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 provide the eligible directors with an incentive to sustainably enhance corporate value and promote value sharing with shareholders. The purpose is also to further increase the motivation of each eligible director.
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.