Worth reading
40Recurring
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
37158
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much37,158Shares
37,158 common shares of the Company (treasury shares)
Directors of the Company (excluding outside directors)3 / 20,118 shares
The Company's executive officers, excluding those concurrently serving as directors7 / 17,040 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.
¥2,864 per share
Total Stock-Based Compensation
Total monetary compensation claims of ¥106,420,512 (the annual compensation limit for covered directors is ¥70 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 30 June 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member or executive officer of the Company
Conditions for lifting transfer restrictions
Provided that the holder continues to hold any position as a director, audit & supervisory board member or executive officer of the Company through the date of the first annual general meeting of shareholders held after 30 June 2026, the transfer restrictions on all of the allocated shares held at the end of the restriction period will be released. If the holder ceases to hold office for a legitimate reason, the restrictions will be released in proportion to the number of months in office.
Reason for acquisition without consideration
The Company will acquire without consideration any shares whose transfer restrictions have not been released if the holder ceases to hold office without a legitimate reason before the day preceding the date of the first annual general meeting of shareholders, if the transfer restrictions remain in place at the end of the restriction period, or if the holder ceases to hold office in connection with a reorganization or similar event.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 20,118 shares, Category The Company's executive officers, excluding those concurrently serving as directors / Number of Employees 7 / Number of allocated shares 17,040 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged, used to establish a transfer security interest, gifted during the holder's lifetime, bequeathed, or otherwise disposed of. The transfer restriction period runs from 30 June 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member or executive officer of the Company.
Payment date
30 June 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 11 June 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥2,864. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
The matter was decided by the Board of Directors following deliberation and a recommendation by the Compensation Committee.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 37,158 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,864 per share |
| Payment date | 30 June 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 20,118 shares, Name The Company's executive officers, excluding those concurrently serving as directors / Number of Employees 7 / Number of Shares 17,040 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged, used to establish a transfer security interest, gifted during the holder's lifetime, bequeathed, or otherwise disposed of. The transfer restriction period runs from 30 June 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member or executive officer of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 11 June 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥2,864. No discount or premium was applied. |
| Transfer restriction period | From 30 June 2026 until the date on which the holder ceases to hold any position as a director, audit & supervisory board member or executive officer of the Company |
| Conditions for lifting transfer restrictions | Provided that the holder continues to hold any position as a director, audit & supervisory board member or executive officer of the Company through the date of the first annual general meeting of shareholders held after 30 June 2026, the transfer restrictions on all of the allocated shares held at the end of the restriction period will be released. If the holder ceases to hold office for a legitimate reason, the restrictions will be released in proportion to the number of months in office. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares whose transfer restrictions have not been released if the holder ceases to hold office without a legitimate reason before the day preceding the date of the first annual general meeting of shareholders, if the transfer restrictions remain in place at the end of the restriction period, or if the holder ceases to hold office in connection with a reorganization or similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 20,118 shares, Category The Company's executive officers, excluding those concurrently serving as directors / Number of Employees 7 / Number of allocated shares 17,040 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥106,420,512 (the annual compensation limit for covered directors is ¥70 million or less) |
| Procedures under the Corporate Code of Conduct | The matter was decided by the Board of Directors following deliberation and a recommendation by the Compensation Committee. |
Items this document does not state (15)
Total issue valueAmount 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 encourage efforts to enhance corporate value over the medium to long term, foster a stronger sense of responsibility as members of management, and promote management from the same perspective as 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.