Worth reading
47Recurring
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
27900
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much27,900Shares
27,900 shares of the Company's common stock (treasury shares)
3 directors of the Company (excluding outside directors)18,500 shares
6 employees of the Company4,900 shares
10 employees of the Company's subsidiaries4,500 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.
¥2,792 per share
Total issue value
¥77,896,800
Amount of funds to be raised
Total monetary claims: ¥77,896,800 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary claims: ¥77,896,800. The annual compensation limit for directors is ¥200 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
Covered directors: from 20 November 2026 until the date they cease to be directors, executive officers or employees of the Company or its subsidiaries. Covered employees: from 20 November 2026 to 19 November 2029.
Conditions for lifting transfer restrictions
The covered directors must continuously hold the position of director of the Company throughout the service provision period. The covered employees must continuously hold the position of employee of the Company or director or employee of a Company subsidiary throughout Transfer Restriction Period II. In cases of resignation or retirement for a legitimate reason, part of the restrictions will be lifted in proportion to the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the transfer restriction period or on the day following the date on which a covered employee resigns or retires.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 18,500 shares, Category Employees of the Company / Number of Employees 6 / Number of allocated shares 4,900 shares, Category Employees of the Company’s subsidiaries / Number of Employees 10 / Number of allocated shares 4,500 shares
Intended allottee's holding policy
No transfer, creation of security interests or other disposal is permitted during the transfer restriction period. The transfer restrictions on the covered directors will apply from 20 November 2026 until the date they cease to be directors, executive officers or employees of the Company or its subsidiaries, and those on the covered employees will apply from 20 November 2026 to 19 November 2029.
Payment date
20 November 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 October 2026 (the business day preceding the date of the Board of Directors' resolution) was ¥2,792. No discount or premium.
Procedures under the Corporate Code of Conduct
At the ninth annual general meeting of shareholders held on 23 October 2026, approval was obtained for the grant of restricted stock to directors, the transfer restriction period, and the compensation limit, including up to 45,000 shares per year and ¥200 million per year.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 27,900 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,792 per share |
| Total issue value | ¥77,896,800 |
| Amount of funds to be raised | Total monetary claims: ¥77,896,800 (estimated net proceeds: Not disclosed) |
| Payment date | 20 November 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 18,500 shares, Name 6 employees of the Company / Number of Shares 4,900 shares, Name 10 employees of the Company's subsidiaries / Number of Shares 4,500 shares |
| Intended allottee's holding policy | No transfer, creation of security interests or other disposal is permitted during the transfer restriction period. The transfer restrictions on the covered directors will apply from 20 November 2026 until the date they cease to be directors, executive officers or employees of the Company or its subsidiaries, and those on the covered employees will apply from 20 November 2026 to 19 November 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 October 2026 (the business day preceding the date of the Board of Directors' resolution) was ¥2,792. No discount or premium. |
| Transfer restriction period | Covered directors: from 20 November 2026 until the date they cease to be directors, executive officers or employees of the Company or its subsidiaries. Covered employees: from 20 November 2026 to 19 November 2029. |
| Conditions for lifting transfer restrictions | The covered directors must continuously hold the position of director of the Company throughout the service provision period. The covered employees must continuously hold the position of employee of the Company or director or employee of a Company subsidiary throughout Transfer Restriction Period II. In cases of resignation or retirement for a legitimate reason, part of the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the transfer restriction period or on the day following the date on which a covered employee resigns or retires. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 18,500 shares, Category Employees of the Company / Number of Employees 6 / Number of allocated shares 4,900 shares, Category Employees of the Company’s subsidiaries / Number of Employees 10 / Number of allocated shares 4,500 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥77,896,800. The annual compensation limit for directors is ¥200 million or less. |
| Procedures under the Corporate Code of Conduct | At the ninth annual general meeting of shareholders held on 23 October 2026, approval was obtained for the grant of restricted stock to directors, the transfer restriction period, and the compensation limit, including up to 45,000 shares per year and ¥200 million per year. |
Items this document does not state (13)
Estimated 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 provide an incentive for the sustained enhancement of the Company's corporate value and to further promote 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.
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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.