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
2781
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much2,781Shares
Treasury shares: 2,781 shares
3 of the Company's directors, excluding directors serving as Audit & Supervisory Committee Members and outside directors2,436 shares
1 executive officer of the Company345 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.
¥2,139 per share
Total issue value
¥5,948,559
Amount of funds to be raised
Total payment amount: ¥5,948,559; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Aggregate monetary compensation claims: ¥5,948,559. The total amount of monetary compensation claims for directors is capped at ¥30 million per year.
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
15 July 2026 to 14 July 2046 (20 years)
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of either director or executive officer of the Company from 15 July 2026 until the date of the first annual general meeting of shareholders held thereafter. If the recipient leaves the position before the end of the period for a reason such as expiration of the term of office that the Board of Directors deems legitimate, part of the restrictions will be lifted in proportion to the recipient's period of service.
Reason for acquisition without consideration
If the recipient leaves both the position of director and the position of executive officer of the Company without a legitimate reason before the day preceding the date of the first annual general meeting of shareholders held thereafter. If any shares remain subject to the restrictions when the restricted period expires. If any shares remain subject to the restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction.
Stock Split RatioTwo-for-one stock split; effective date: 1 January 2024
Categories and Number of Persons Covered
Category The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 2,436 shares, Category The Company's executive officers / Number of Employees 1 / Number of allocated shares 345 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. Until the restrictions are lifted, the shares will be held and maintained in a designated account at SMBC Nikko Securities Inc.
Payment date
15 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 was ¥2,139. Discount/premium rate: Not disclosed
Impact on Business Performance
Impact of this disposal of treasury shares on business results: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Treasury shares: 2,781 shares |
| Issue price and disposal price | ¥2,139 per share |
| Total issue value | ¥5,948,559 |
| Amount of funds to be raised | Total payment amount: ¥5,948,559; estimated net proceeds: Not disclosed |
| Payment date | 15 July 2026 |
| Intended allottee | Name 3 of the Company's directors, excluding directors serving as Audit & Supervisory Committee Members and outside directors / Number of Shares 2,436 shares, Name 1 executive officer of the Company / Number of Shares 345 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. Until the restrictions are lifted, the shares will be held and maintained in a designated account at SMBC Nikko Securities Inc. |
| 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 was ¥2,139. Discount/premium rate: Not disclosed |
| Transfer restriction period | 15 July 2026 to 14 July 2046 (20 years) |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of either director or executive officer of the Company from 15 July 2026 until the date of the first annual general meeting of shareholders held thereafter. If the recipient leaves the position before the end of the period for a reason such as expiration of the term of office that the Board of Directors deems legitimate, part of the restrictions will be lifted in proportion to the recipient's period of service. |
| Reason for acquisition without consideration | If the recipient leaves both the position of director and the position of executive officer of the Company without a legitimate reason before the day preceding the date of the first annual general meeting of shareholders held thereafter. If any shares remain subject to the restrictions when the restricted period expires. If any shares remain subject to the restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | Category The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 2,436 shares, Category The Company's executive officers / Number of Employees 1 / Number of allocated shares 345 shares |
| Total Stock-Based Compensation | Aggregate monetary compensation claims: ¥5,948,559. The total amount of monetary compensation claims for directors is capped at ¥30 million per year. |
| Stock Split Ratio | Two-for-one stock split; effective date: 1 January 2024 |
| Impact on Business Performance | Impact of this disposal of treasury shares on business results: Not disclosed |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures under the Corporate Code of ConductMost 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced 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.