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
16000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much16,000Shares
16,000 common shares of the Company
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)7 / 11,600 shares
Directors of subsidiaries of the Company4 / 4,400 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.
¥701 per share
Total issue value
¥11,216,000
Amount of funds to be raised
Total amount paid in: ¥11,216,000; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total amount of monetary compensation claims: ¥11,216,000. The annual cap on compensation and other payments to eligible directors is ¥50 million.
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 7 August 2026 until the date on which the eligible person retires from all positions as a director or executive officer of the Company and its subsidiaries
Conditions for lifting transfer restrictions
The eligible person must continuously hold a position as a director or executive officer of the Company or the relevant subsidiary from the start of the transfer restriction period until the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary occurring thereafter. If the eligible person retires for a legitimate reason, the transfer restrictions will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month that includes the retirement date, divided by 12. Performance-based and share-price-based conditions are not disclosed.
Reason for acquisition without consideration
If the eligible person retires without a legitimate reason before the day preceding the first annual general meeting of shareholders to occur thereafter, if the transfer restrictions remain in place when the restriction period expires, or if the eligible person retires in connection with a corporate reorganization or similar event, the Company will acquire all or part of the shares for no consideration.
Categories and Number of Persons Covered
7 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors, holding 11,600 shares; 4 directors of the Company's subsidiaries, holding 4,400 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the shares may not be transferred to a third party, pledged or subjected to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
7 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 17 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥701. The discount or premium rate is not disclosed.
Impact on Business Performance
The impact of this issuance on business performance is not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 16,000 common shares of the Company |
| Issue price and disposal price | ¥701 per share |
| Total issue value | ¥11,216,000 |
| Amount of funds to be raised | Total amount paid in: ¥11,216,000; estimated net proceeds: not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 7 / Number of Shares 11,600 shares, Category Directors of subsidiaries of the Company / Number of Employees 4 / Number of Shares 4,400 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to a third party, pledged or subjected to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 17 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥701. The discount or premium rate is not disclosed. |
| Transfer restriction period | From 7 August 2026 until the date on which the eligible person retires from all positions as a director or executive officer of the Company and its subsidiaries |
| Conditions for lifting transfer restrictions | The eligible person must continuously hold a position as a director or executive officer of the Company or the relevant subsidiary from the start of the transfer restriction period until the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary occurring thereafter. If the eligible person retires for a legitimate reason, the transfer restrictions will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month that includes the retirement date, divided by 12. Performance-based and share-price-based conditions are not disclosed. |
| Reason for acquisition without consideration | If the eligible person retires without a legitimate reason before the day preceding the first annual general meeting of shareholders to occur thereafter, if the transfer restrictions remain in place when the restriction period expires, or if the eligible person retires in connection with a corporate reorganization or similar event, the Company will acquire all or part of the shares for no consideration. |
| Categories and Number of Persons Covered | 7 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors, holding 11,600 shares; 4 directors of the Company's subsidiaries, holding 4,400 shares |
| Total Stock-Based Compensation | Total amount of monetary compensation claims: ¥11,216,000. The annual cap on compensation and other payments to eligible directors is ¥50 million. |
| Impact on Business Performance | The impact of this issuance on business performance is not disclosed |
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 RatioProcedures 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 enable the eligible recipients to share with shareholders both the benefits and risks of share price fluctuations and to increase their 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.
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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.