Worth reading
45Recurring
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
54412
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock incentives for employees
Who receives how much54,412Shares
54,412 treasury shares
583 employees of the Company and its subsidiaries (excluding contract employees, region- and job-limited employees, technical intern trainees and part-time employees)54,412 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥635 per share
Total issue value
¥34,551,620
Amount of funds to be raised
Total payment amount: ¥34,551,620; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥34,551,620
発行済株式総数
0.34% (against 15,891,500 issued shares as of 31 March 2026)
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
19 March 2027 to 31 October 2031
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted at the end of the transfer restriction period, provided that the covered employees continuously hold the position of employee of the Company or its subsidiaries throughout the period. In cases of retirement due to reaching the mandatory retirement age, transfer to another company, death or another legitimate reason, the restrictions will be lifted immediately after retirement. If an employee becomes a non-resident due to an overseas transfer or similar circumstance, the restrictions will be lifted on the date the overseas transfer or similar event is decided.
Reason for acquisition without consideration
If, during the transfer restriction period, an employee engages in a violation of laws or regulations or falls under another specified circumstance set out in the allocation agreement, the Company will acquire without consideration all shares held at that time. The Company will also acquire without consideration any shares whose transfer restrictions are not lifted at the end of the transfer restriction period or at another applicable time.
Categories and Number of Persons Covered
583 employees of the Company and its subsidiaries, 54,412 shares
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, creation of security interests and all other forms of disposal are prohibited. The transfer restriction period is from 19 March 2027 to 31 October 2031.
Payment date
19 March 2027
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 22 October 2026 (the business day preceding the date of the Board of Directors' resolution) was ¥635. No discount or premium.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock incentives for employees |
| Number of shares to be issued or disposed of | 54,412 treasury shares |
| Issue price and disposal price | ¥635 per share |
| Total issue value | ¥34,551,620 |
| Amount of funds to be raised | Total payment amount: ¥34,551,620; estimated net proceeds: Not disclosed |
| Payment date | 19 March 2027 |
| Intended allottee | Name 583 employees of the Company and its subsidiaries (excluding contract employees, region- and job-limited employees, technical intern trainees and part-time employees) / Number of Shares 54,412 shares |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, creation of security interests and all other forms of disposal are prohibited. The transfer restriction period is from 19 March 2027 to 31 October 2031. |
| Dilution Rate | 0.34% (against 15,891,500 issued shares as of 31 March 2026) |
| Total number of issued shares | 15,891,500 shares → Not disclosed |
| 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 22 October 2026 (the business day preceding the date of the Board of Directors' resolution) was ¥635. No discount or premium. |
| Transfer restriction period | 19 March 2027 to 31 October 2031 |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted at the end of the transfer restriction period, provided that the covered employees continuously hold the position of employee of the Company or its subsidiaries throughout the period. In cases of retirement due to reaching the mandatory retirement age, transfer to another company, death or another legitimate reason, the restrictions will be lifted immediately after retirement. If an employee becomes a non-resident due to an overseas transfer or similar circumstance, the restrictions will be lifted on the date the overseas transfer or similar event is decided. |
| Reason for acquisition without consideration | If, during the transfer restriction period, an employee engages in a violation of laws or regulations or falls under another specified circumstance set out in the allocation agreement, the Company will acquire without consideration all shares held at that time. The Company will also acquire without consideration any shares whose transfer restrictions are not lifted at the end of the transfer restriction period or at another applicable time. |
| Categories and Number of Persons Covered | 583 employees of the Company and its subsidiaries, 54,412 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥34,551,620 |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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 employees with an incentive to achieve sustained growth in corporate value, share value with shareholders and enhance employee benefits.
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.