Worth reading
42Recurring
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
60391
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much60,391Shares
60,391 treasury shares
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)5 / 37,039 shares
The Company's executive officers who do not concurrently serve as directors7 / 23,352 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.
¥621 per share
Total issue value
¥37,502,811
Amount of funds to be raised
Total payment amount: ¥37,502,811; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥37,502,811. Monetary compensation for eligible directors is capped at ¥60 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
Not applicable (disposal of treasury shares)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 20 August 2026 until immediately after the recipient ceases to hold any position as a director, executive officer who does not concurrently serve as a director, or other equivalent position
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds an eligible position from the date on which the recipient begins performing duties until immediately before the conclusion of the first annual general meeting of shareholders thereafter, all of the shares allotted under this arrangement will be released from the transfer restrictions when the transfer restriction period expires. If the recipient ceases to hold the position upon expiration of the term of office or for another legitimate reason, the transfer restrictions will be released for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of allocated shares 37,039 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 7 / Number of allocated shares 23,352 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of in any way. During the transfer restriction period, the shares will be managed in dedicated accounts opened with Nomura Securities Co., Ltd.
Payment date
20 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 21 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥621. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
The matter was deliberated by the Nomination and Compensation Advisory Committee.
Impact on Business Performance
No impact on business results from this disposal of treasury shares is 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 | 60,391 treasury shares |
| Issue price and disposal price | ¥621 per share |
| Total issue value | ¥37,502,811 |
| Amount of funds to be raised | Total payment amount: ¥37,502,811; estimated net proceeds: Not disclosed |
| Payment date | 20 August 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of Shares 37,039 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 7 / Number of Shares 23,352 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of in any way. During the transfer restriction period, the shares will be managed in dedicated accounts opened with Nomura Securities Co., Ltd. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| 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 stock on the Tokyo Stock Exchange Standard Market on 21 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥621. No discount or premium rate was stated. |
| Transfer restriction period | From 20 August 2026 until immediately after the recipient ceases to hold any position as a director, executive officer who does not concurrently serve as a director, or other equivalent position |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds an eligible position from the date on which the recipient begins performing duties until immediately before the conclusion of the first annual general meeting of shareholders thereafter, all of the shares allotted under this arrangement will be released from the transfer restrictions when the transfer restriction period expires. If the recipient ceases to hold the position upon expiration of the term of office or for another legitimate reason, the transfer restrictions will be released for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of allocated shares 37,039 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 7 / Number of allocated shares 23,352 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥37,502,811. Monetary compensation for eligible directors is capped at ¥60 million per year. |
| Procedures under the Corporate Code of Conduct | The matter was deliberated by the Nomination and Compensation Advisory Committee. |
| Impact on Business Performance | No impact on business results from this disposal of treasury shares is disclosed. |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 provide the eligible directors and others with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The arrangement is also intended to further enhance the motivation of each eligible director and others.
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.