Worth reading
46Recurring
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
68000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much68,000Shares
68,000 common shares (treasury shares)
5 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)68,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,870 per share
Total issue value
¥263,160,000
Amount of funds to be raised
Total payment amount: ¥263,160,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥263,160,000. The total amount of monetary compensation receivables approved by the General Meeting of Shareholders is limited to ¥500 million per year.
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 10 August 2026 until the later of the date on which the recipient ceases to be a director of the Company or the date on which the annual securities report for the fiscal year including the payment date is filed, or, in certain cases, the semi-annual report is filed.
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted in full upon the expiry of the transfer restriction period, provided that the recipient has continuously remained a director of the Company until the conclusion of the first Annual General Meeting of Shareholders held after the payment date. If the recipient retires for a legitimate reason, the restrictions will be lifted on the number of shares corresponding to the recipient's number of months in office. In the event of a corporate reorganization or other similar event, the restrictions will be lifted on the number of shares corresponding to the prescribed number of months in office.
Reason for acquisition without consideration
If the recipient ceases to be a director or otherwise leaves office without a legitimate reason, or dies, before the conclusion of the first Annual General Meeting of Shareholders held after the payment date. If any shares remain subject to transfer restrictions when the transfer restrictions are lifted. If any shares remain subject to transfer restrictions because of a corporate reorganization or other similar event.
Categories and Number of Persons Covered
5 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 68,000 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and will be managed in a dedicated account until the transfer restrictions are lifted.
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 10 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥3,870. The discount rate and premium rate are Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 68,000 common shares (treasury shares) |
| Issue price and disposal price | ¥3,870 per share |
| Total issue value | ¥263,160,000 |
| Amount of funds to be raised | Total payment amount: ¥263,160,000; estimated net proceeds: Not disclosed |
| Payment date | 10 August 2026 |
| Intended allottee | Category 5 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 68,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and will be managed in a dedicated account until the transfer restrictions are lifted. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 10 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥3,870. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | From 10 August 2026 until the later of the date on which the recipient ceases to be a director of the Company or the date on which the annual securities report for the fiscal year including the payment date is filed, or, in certain cases, the semi-annual report is filed. |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted in full upon the expiry of the transfer restriction period, provided that the recipient has continuously remained a director of the Company until the conclusion of the first Annual General Meeting of Shareholders held after the payment date. If the recipient retires for a legitimate reason, the restrictions will be lifted on the number of shares corresponding to the recipient's number of months in office. In the event of a corporate reorganization or other similar event, the restrictions will be lifted on the number of shares corresponding to the prescribed number of months in office. |
| Reason for acquisition without consideration | If the recipient ceases to be a director or otherwise leaves office without a legitimate reason, or dies, before the conclusion of the first Annual General Meeting of Shareholders held after the payment date. If any shares remain subject to transfer restrictions when the transfer restrictions are lifted. If any shares remain subject to transfer restrictions because of a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 68,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥263,160,000. The total amount of monetary compensation receivables approved by the General Meeting of Shareholders is limited to ¥500 million per year. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 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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