Worth reading
45Recurring
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
22200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as performance-linked stock compensation
Who receives how much22,200Shares
22,200 shares of the Company’s common stock (treasury shares)
Directors of the Company (excluding outside directors)4 / 22,200 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,180 per share
Total issue value
¥70,596,000
Total Stock-Based Compensation
The total amount of monetary compensation receivables is capped at ¥364 million per year.
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
Stock Split Ratio5 shares for each share, effective 1 October 2024
Categories and Number of Persons Covered
4 directors of the Company, excluding outside directors; 22,200 shares allocated
Intended allottee's holding policy
The acquired shares of the Company’s common stock may be transferred at the holder’s discretion, except where restricted by insider trading regulations.
Reason for acquisition without consideration
The shares will be delivered only if the eligible director has continuously held the position of director of the Company, excluding outside director, throughout the applicable period, has not engaged in certain misconduct, and satisfies other requirements prescribed by the Board of Directors. The shares will not be delivered in the event of a corporate reorganization or abolition of the plan.
Payment date
9 July 2026
Basis for determining the amount to be paid
Based on the closing price of the Company’s common stock on the Tokyo Stock Exchange on 18 June 2026, which was ¥3,180. No discount or premium is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as performance-linked stock compensation |
| Number of shares to be issued or disposed of | 22,200 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥3,180 per share |
| Total issue value | ¥70,596,000 |
| Payment date | 9 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of Shares 22,200 shares |
| Intended allottee's holding policy | The acquired shares of the Company’s common stock may be transferred at the holder’s discretion, except where restricted by insider trading regulations. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | Based on the closing price of the Company’s common stock on the Tokyo Stock Exchange on 18 June 2026, which was ¥3,180. No discount or premium is stated. |
| Reason for acquisition without consideration | The shares will be delivered only if the eligible director has continuously held the position of director of the Company, excluding outside director, throughout the applicable period, has not engaged in certain misconduct, and satisfies other requirements prescribed by the Board of Directors. The shares will not be delivered in the event of a corporate reorganization or abolition of the plan. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding outside directors; 22,200 shares allocated |
| Total Stock-Based Compensation | The total amount of monetary compensation receivables is capped at ¥364 million per year. |
| Stock Split Ratio | 5 shares for each share, effective 1 October 2024 |
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsUnderwriter / lead underwriterOverallotmentProcedures 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 further motivate the eligible directors to contribute to improving the Company’s medium- to long-term performance and sustainably enhancing 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.