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
10600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much10,600Shares
10,600 treasury shares
3 of the Company's directors, including directors who are Audit and Supervisory Committee members4,000 shares
2 of the Company's executive officers1,800 shares
28 of the Company's employees, excluding executive officers4,800 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.
¥919 per share
Total issue value
¥9,741,400
Total Stock-Based Compensation
Total monetary compensation receivables: ¥9,741,400
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 16 July 2026 to 7 August 2029
Conditions for lifting transfer restrictions
The transfer restrictions on all of the allocated shares held at the end of the restriction period will be lifted, provided that the recipient has continuously held one of the positions of director, executive officer, employee or another equivalent position with the Company during the restriction period. In the event of retirement or resignation due to death, the applicable period will be the period from the disposal date to the date of retirement or resignation.
Reason for acquisition without consideration
If a recipient retires or resigns during the restriction period, the Company may, based on the specific circumstances and by a resolution approved by a majority of the Board of Directors, acquire without consideration all of the allocated shares or the number of shares remaining after deducting the number for which the restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category The Company's directors (including directors who are Audit and Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 4,000 shares, Category The Company's executive officers / Number of Employees 2 / Number of allocated shares 1,800 shares, Category The Company's employees (excluding executive officers) / Number of Employees 28 / Number of allocated shares 4,800 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period runs from 16 July 2026 to 7 August 2029.
Payment date
16 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026 was ¥919. There is no discount or premium.
Procedures under the Corporate Code of Conduct
The matter was considered and reported on by the voluntary Nomination and Compensation Advisory Committee.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 10,600 treasury shares |
| Issue price and disposal price | ¥919 per share |
| Total issue value | ¥9,741,400 |
| Payment date | 16 July 2026 |
| Intended allottee | Name 3 of the Company's directors, including directors who are Audit and Supervisory Committee members / Number of Shares 4,000 shares, Name 2 of the Company's executive officers / Number of Shares 1,800 shares, Name 28 of the Company's employees, excluding executive officers / Number of Shares 4,800 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period runs from 16 July 2026 to 7 August 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026 was ¥919. There is no discount or premium. |
| Transfer restriction period | From 16 July 2026 to 7 August 2029 |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allocated shares held at the end of the restriction period will be lifted, provided that the recipient has continuously held one of the positions of director, executive officer, employee or another equivalent position with the Company during the restriction period. In the event of retirement or resignation due to death, the applicable period will be the period from the disposal date to the date of retirement or resignation. |
| Reason for acquisition without consideration | If a recipient retires or resigns during the restriction period, the Company may, based on the specific circumstances and by a resolution approved by a majority of the Board of Directors, acquire without consideration all of the allocated shares or the number of shares remaining after deducting the number for which the restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category The Company's directors (including directors who are Audit and Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 4,000 shares, Category The Company's executive officers / Number of Employees 2 / Number of allocated shares 1,800 shares, Category The Company's employees (excluding executive officers) / Number of Employees 28 / Number of allocated shares 4,800 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥9,741,400 |
| Procedures under the Corporate Code of Conduct | The matter was considered and reported on by the voluntary Nomination and Compensation Advisory Committee. |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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.The purpose is to provide an incentive to achieve sustained growth in the Company's corporate value, promote initiatives aimed at enhancing corporate value over the medium to long term, and advance value sharing with shareholders. It is also intended to further motivate the eligible recipients.
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.