Worth reading
49Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
5500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much5,500Shares
5,500 common shares (new shares)
3 directors of the Company, excluding directors serving as Audit and Supervisory Committee Members and outside directors5,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥806 per share
Total issue value
¥4,433,000
Total Stock-Based Compensation
Total monetary compensation receivables of ¥4,433,000
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 the payment date until the date on which the recipient retires from the position of director or another position designated by the Company’s Board of Directors, or leaves the Company
Conditions for lifting transfer restrictions
Subject to the eligible director continuously holding a position as a director, Audit and Supervisory Board Member, executive officer or employee of the Company or one of its subsidiaries from the payment date until the close of the first annual general meeting of shareholders of the Company thereafter, the transfer restrictions will be lifted on all shares when the transfer restriction period expires. In the event of retirement or departure for a valid reason, or death, the transfer restrictions will be lifted on the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If, before the close of the first annual general meeting of shareholders of the Company after the payment date, the recipient retires or leaves all positions as a director, Audit and Supervisory Board Member, executive officer or employee of the Company or one of its subsidiaries for a reason other than a valid reason. If any shares remain subject to the transfer restrictions when the restrictions are lifted. If any shares remain subject to the transfer restrictions following a corporate reorganization or other similar event.
Categories and Number of Persons Covered
3 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 5,500 shares
Intended allottee's holding policy
Transfers and other dispositions will be prohibited from the payment date until the date on which the recipient retires from the position of director or another position designated by the Company’s Board of Directors, or leaves the Company.
Payment date
10 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 meeting, was ¥806. No discount or premium was stated.
Most recent equity financing
Timing 23 May 2023 / Type Introduction of a restricted stock compensation plan / Amount 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 | 5,500 common shares (new shares) |
| Issue price and disposal price | ¥806 per share |
| Total issue value | ¥4,433,000 |
| Payment date | 10 August 2026 |
| Intended allottee | Category 3 directors of the Company, excluding directors serving as Audit and Supervisory Committee Members and outside directors / Number of Shares 5,500 shares |
| Intended allottee's holding policy | Transfers and other dispositions will be prohibited from the payment date until the date on which the recipient retires from the position of director or another position designated by the Company’s Board of Directors, or leaves 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 17 July 2026, the business day immediately preceding the date of the Board of Directors meeting, was ¥806. No discount or premium was stated. |
| Transfer restriction period | From the payment date until the date on which the recipient retires from the position of director or another position designated by the Company’s Board of Directors, or leaves the Company |
| Conditions for lifting transfer restrictions | Subject to the eligible director continuously holding a position as a director, Audit and Supervisory Board Member, executive officer or employee of the Company or one of its subsidiaries from the payment date until the close of the first annual general meeting of shareholders of the Company thereafter, the transfer restrictions will be lifted on all shares when the transfer restriction period expires. In the event of retirement or departure for a valid reason, or death, the transfer restrictions will be lifted on the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If, before the close of the first annual general meeting of shareholders of the Company after the payment date, the recipient retires or leaves all positions as a director, Audit and Supervisory Board Member, executive officer or employee of the Company or one of its subsidiaries for a reason other than a valid reason. If any shares remain subject to the transfer restrictions when the restrictions are lifted. If any shares remain subject to the transfer restrictions following a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 5,500 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥4,433,000 |
| Most recent equity financing | Timing 23 May 2023 / Type Introduction of a restricted stock compensation plan / Amount Not disclosed |
Items this document does not state (14)
Amount of funds to be raisedEstimated 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 ConductMajor 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 enhance the eligible directors’ commitment to participating in management and promote sustained growth in corporate value and the sharing of value with shareholders over the medium to long term.
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.