Worth reading
44Recurring
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
3800
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,800Shares
3,800 common shares of the Company (treasury shares)
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)3 / 1,200 shares
The Company’s managing executive officers4 / 1,250 shares
The Company’s executive officers and other employees6 / 1,050 shares
Directors of subsidiaries of the Company2 / 300 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.
¥13,370 per share
Total issue value
¥50,806,000
Total Stock-Based Compensation
¥50,806,000 (the total amount of monetary compensation claims and monetary claims granted to the Company’s directors and managing executive officers, employees and subsidiary directors)
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 17 July 2026 until the date on which the recipient ceases to hold any position as an officer or employee of the Company or its subsidiaries
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as an officer or employee of the Company or its subsidiaries throughout the service period applicable to the relevant recipient category. If the recipient ceases to hold such a position due to death, expiration of the term of office, mandatory retirement or any other reason deemed legitimate by the Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the recipient’s months of service.
Reason for acquisition without consideration
At the end of the transfer restriction period or at any other time specified in the agreement, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 1,200 shares, Category The Company’s managing executive officers / Number of Employees 4 / Number of allocated shares 1,250 shares, Category The Company’s executive officers and other employees / Number of Employees 6 / Number of allocated shares 1,050 shares, Category Directors of subsidiaries of the Company / Number of Employees 2 / Number of allocated shares 300 shares
Intended allottee's holding policy
The shares may not be transferred, pledged or otherwise disposed of from 17 July 2026 until the date on which the recipient ceases to hold any position as an officer or employee of the Company or its subsidiaries.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥13,370. There is no discount or premium.
Procedures under the Corporate Code of Conduct
At the 60th Annual General Meeting of Shareholders held on 23 June 2021, approval was obtained for the payment of monetary compensation claims of up to ¥30 million per year to directors and other related matters.
Impact on Business Performance
No impact on business performance stated
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 3,800 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥13,370 per share |
| Total issue value | ¥50,806,000 |
| Payment date | 17 July 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of Shares 1,200 shares, Name The Company’s managing executive officers / Number of Employees 4 / Number of Shares 1,250 shares, Name The Company’s executive officers and other employees / Number of Employees 6 / Number of Shares 1,050 shares, Name Directors of subsidiaries of the Company / Number of Employees 2 / Number of Shares 300 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged or otherwise disposed of from 17 July 2026 until the date on which the recipient ceases to hold any position as an officer or employee of the Company or its subsidiaries. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥13,370. There is no discount or premium. |
| Transfer restriction period | From 17 July 2026 until the date on which the recipient ceases to hold any position as an officer or employee of the Company or its subsidiaries |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as an officer or employee of the Company or its subsidiaries throughout the service period applicable to the relevant recipient category. If the recipient ceases to hold such a position due to death, expiration of the term of office, mandatory retirement or any other reason deemed legitimate by the Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the recipient’s months of service. |
| Reason for acquisition without consideration | At the end of the transfer restriction period or at any other time specified in the agreement, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 1,200 shares, Category The Company’s managing executive officers / Number of Employees 4 / Number of allocated shares 1,250 shares, Category The Company’s executive officers and other employees / Number of Employees 6 / Number of allocated shares 1,050 shares, Category Directors of subsidiaries of the Company / Number of Employees 2 / Number of allocated shares 300 shares |
| Total Stock-Based Compensation | ¥50,806,000 (the total amount of monetary compensation claims and monetary claims granted to the Company’s directors and managing executive officers, employees and subsidiary directors) |
| Procedures under the Corporate Code of Conduct | At the 60th Annual General Meeting of Shareholders held on 23 June 2021, approval was obtained for the payment of monetary compensation claims of up to ¥30 million per year to directors and other related matters. |
| Impact on Business Performance | No impact on business performance stated |
Items this document does not state (13)
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 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 achieve sustained improvement in the Group’s medium- to long-term corporate and shareholder value and to promote value sharing with shareholders. The Company also took into consideration the purpose of the scheme, the Company’s performance, the scope of responsibilities of each eligible 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.