Worth reading
43Recurring
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
47600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much47,600Shares
47,600 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)3 / 24,063 shares
The Company's executive officers11 / 22,142 shares
Employees of the Company3 / 1,395 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.
¥1,933.5 per share
Total issue value
¥92,034,593
Total Stock-Based Compensation
Total monetary remuneration claims of ¥92,034,593. Total annual remuneration, etc., for the eligible directors is capped at ¥100 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
Restricted Stock I: From 24 July 2026 until the date on which the relevant recipient of Restricted Stock I retires or resigns from the position of director of the Company or another position designated by the Board of Directors (in certain cases, until the date of submission of the semi-annual report). Restricted Stock II: From 24 July 2026 through 23 July 2029.
Conditions for lifting transfer restrictions
For Restricted Stock I, the recipient must continuously hold the position of director of the Company or another position designated by the Board of Directors until the end of the restriction period. For Restricted Stock II, the recipient must continuously hold one of the following positions until the end of the restriction period: director, executive officer or employee of the Company or one of its subsidiaries. In the event of retirement or resignation due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted in proportion to the period of service.
Reason for acquisition without consideration
If, during the restriction period, the recipient retires or resigns from the prescribed position without a reason deemed legitimate by the Board of Directors, or if any shares remain subject to transfer restrictions at the end of the restriction period.
Offering structure
Underwriter / lead underwriter
SMBC Nikko Securities Inc. (share administration account)
Categories and Number of Persons Covered
3 of the Company's directors: 24,063 shares; 11 of the Company's executive officers: 22,142 shares; 3 of the Company's employees: 1,395 shares
Intended allottee's holding policy
The shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, ¥1,933.5. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 47,600 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,933.5 per share |
| Total issue value | ¥92,034,593 |
| Payment date | 24 July 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of Shares 24,063 shares, Category The Company's executive officers / Number of Employees 11 / Number of Shares 22,142 shares, Category Employees of the Company / Number of Employees 3 / Number of Shares 1,395 shares |
| Intended allottee's holding policy | The shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, ¥1,933.5. No discount or premium applies. |
| Transfer restriction period | Restricted Stock I: From 24 July 2026 until the date on which the relevant recipient of Restricted Stock I retires or resigns from the position of director of the Company or another position designated by the Board of Directors (in certain cases, until the date of submission of the semi-annual report). Restricted Stock II: From 24 July 2026 through 23 July 2029. |
| Conditions for lifting transfer restrictions | For Restricted Stock I, the recipient must continuously hold the position of director of the Company or another position designated by the Board of Directors until the end of the restriction period. For Restricted Stock II, the recipient must continuously hold one of the following positions until the end of the restriction period: director, executive officer or employee of the Company or one of its subsidiaries. In the event of retirement or resignation due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If, during the restriction period, the recipient retires or resigns from the prescribed position without a reason deemed legitimate by the Board of Directors, or if any shares remain subject to transfer restrictions at the end of the restriction period. |
| Categories and Number of Persons Covered | 3 of the Company's directors: 24,063 shares; 11 of the Company's executive officers: 22,142 shares; 3 of the Company's employees: 1,395 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims of ¥92,034,593. Total annual remuneration, etc., for the eligible directors is capped at ¥100 million. |
| Underwriter / lead underwriter | SMBC Nikko Securities Inc. (share administration account) |
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 RightsOverallotmentStock 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 improve business performance and achieve sustainable growth in the Company's corporate value, while further promoting the sharing of value 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.