Worth reading
56In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
30193
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much30,193Shares
30,193 common shares (new shares)
2 directors of the Company (excluding outside directors and non-executive directors)20,900 shares
6 executive officers of the Company, excluding executive officers who concurrently serve as directors9,293 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.
¥1,732 per share
Total issue value
¥52,294,276
Amount of funds to be raised
Total amount paid: ¥52,294,276; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Aggregate monetary compensation claims: ¥52,294,276
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 officer ceases to hold any position as a director, executive officer or other equivalent position, or as an employee, of the Company or any of its subsidiaries. However, if the date of resignation or retirement is on or before 30 June 2027, the restricted period will continue until 1 July 2027.
Conditions for lifting transfer restrictions
All transfer restrictions will be lifted when the restricted period expires. However, the Board of Directors may postpone the lifting of the restrictions if it determines that doing so would be contrary to generally accepted social norms. In the event of a corporate reorganization or similar transaction, the number of shares to be determined reasonably by resolution of the Board of Directors will be released from the restrictions before the effective date.
Reason for acquisition without consideration
In the event of a corporate reorganization or similar transaction, the Company will acquire without consideration any shares whose transfer restrictions have not been lifted. The agreement will also provide for the Company's acquisition without consideration if certain specified events occur.
Categories and Number of Persons Covered
Category Directors (excluding outside directors and non-executive directors) / Number of Employees 2 / Number of allocated shares 20,900 shares, Category Executive officers (excluding those who also serve as directors) / Number of Employees 6 / Number of allocated shares 9,293 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restrictions will be lifted after the restricted period expires.
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 Prime Market on 14 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,732. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 30,193 common shares (new shares) |
| Issue price and disposal price | ¥1,732 per share |
| Total issue value | ¥52,294,276 |
| Amount of funds to be raised | Total amount paid: ¥52,294,276; estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Category 2 directors of the Company (excluding outside directors and non-executive directors) / Number of Shares 20,900 shares, Category 6 executive officers of the Company, excluding executive officers who concurrently serve as directors / Number of Shares 9,293 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restrictions will be lifted after the restricted period expires. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 14 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,732. No discount or premium applies. |
| Transfer restriction period | From 7 August 2026 until the date on which the eligible officer ceases to hold any position as a director, executive officer or other equivalent position, or as an employee, of the Company or any of its subsidiaries. However, if the date of resignation or retirement is on or before 30 June 2027, the restricted period will continue until 1 July 2027. |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted when the restricted period expires. However, the Board of Directors may postpone the lifting of the restrictions if it determines that doing so would be contrary to generally accepted social norms. In the event of a corporate reorganization or similar transaction, the number of shares to be determined reasonably by resolution of the Board of Directors will be released from the restrictions before the effective date. |
| Reason for acquisition without consideration | In the event of a corporate reorganization or similar transaction, the Company will acquire without consideration any shares whose transfer restrictions have not been lifted. The agreement will also provide for the Company's acquisition without consideration if certain specified events occur. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors and non-executive directors) / Number of Employees 2 / Number of allocated shares 20,900 shares, Category Executive officers (excluding those who also serve as directors) / Number of Employees 6 / Number of allocated shares 9,293 shares |
| Total Stock-Based Compensation | Aggregate monetary compensation claims: ¥52,294,276 |
Items this document does not state (14)
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 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 the eligible officers with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The Company also took into consideration the purpose of the plan, the Company's business performance, and the scope of responsibilities of each eligible officer.
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.