Worth reading
48Recurring
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
14329
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much14,329Shares
14,329 common shares of the Company (treasury shares)
2 directors of the Company (excluding outside directors)14,329 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥271 per share
Total issue value
¥3,883,159
Amount of funds to be raised
As payment is made through an in-kind contribution of monetary remuneration receivables, the total payment amount is ¥3,883,159 and the estimated net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary remuneration receivables: ¥3,883,159. The annual remuneration limit within the existing monetary remuneration framework is ¥20 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 24 August 2026 until the date on which the holder loses any position as an officer or employee of the Company
Conditions for lifting transfer restrictions
The transfer restrictions on all of the shares allotted will be lifted upon expiry of the transfer restriction period, provided that the holder continuously remains an officer or employee of the Company from 1 July 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the holder leaves office due to death, expiry of the term of office or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
2 directors of the Company, excluding outside directors; 14,329 shares
Intended allottee's holding policy
The shares may not be transferred, pledged as collateral or otherwise disposed of from 24 August 2026 until the date on which the holder loses any position as an officer or employee of the Company.
Payment date
24 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 23 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥271. No discount or premium was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 14,329 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥271 per share |
| Total issue value | ¥3,883,159 |
| Amount of funds to be raised | As payment is made through an in-kind contribution of monetary remuneration receivables, the total payment amount is ¥3,883,159 and the estimated net proceeds are Not disclosed |
| Payment date | 24 August 2026 |
| Intended allottee | Name 2 directors of the Company (excluding outside directors) / Number of Shares 14,329 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged as collateral or otherwise disposed of from 24 August 2026 until the date on which the holder loses any position as an officer or employee of 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 23 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥271. No discount or premium was stated. |
| Transfer restriction period | From 24 August 2026 until the date on which the holder loses any position as an officer or employee of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the shares allotted will be lifted upon expiry of the transfer restriction period, provided that the holder continuously remains an officer or employee of the Company from 1 July 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the holder leaves office due to death, expiry of the term of office or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding outside directors; 14,329 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥3,883,159. The annual remuneration limit within the existing monetary remuneration framework is ¥20 million. |
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 directors with an incentive to sustainably increase corporate value and shareholder value over the medium to long term, and to promote value sharing with shareholders. The Company also took into account its performance, the scope of each director's responsibilities and other relevant circumstances.
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.