Worth reading
56In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
20430
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much20,430Shares
20,430 common shares (new shares)
3 directors of the Company (excluding outside directors)19,550 shares
2 of the Company's executive officers880 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.
¥1,248 per share
Total issue value
¥25,496,640
Amount of funds to be raised
Total payment amount: ¥25,496,640; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥25,496,640
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 19 November 2026 until the date on which the recipient ceases to be a director of the company. The service period used as the basis for determining the lifting of restrictions runs until 1 October 2027.
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of either director or executive officer of the company from 19 November 2026 until 1 October 2027. If the recipient ceases to hold the position due to death, expiry of the term of office or another reason deemed reasonable by the Board of Directors, part of the restrictions will be lifted in proportion to the number of months served. In the event of a corporate reorganisation or similar event, the restrictions will also be lifted according to the prescribed formula.
Reason for acquisition without consideration
The Company will acquire without consideration any shares allocated under this award that remain subject to transfer restrictions when the restricted period expires or at another time specified in the agreement.
Stock Split Ratio3 shares for 1 share (record date: 31 December 2025); 2 shares for 1 share (record date: 30 June 2026)
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 19,550 shares, Category Executive officers / Number of Employees 2 / Number of allocated shares 880 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restricted shares will be managed in a dedicated account.
Payment date
19 November 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on 21 October 2026, the business day preceding the Board of Directors resolution date, was ¥1,248. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 20,430 common shares (new shares) |
| Issue price and disposal price | ¥1,248 per share |
| Total issue value | ¥25,496,640 |
| Amount of funds to be raised | Total payment amount: ¥25,496,640; estimated net proceeds: not disclosed |
| Payment date | 19 November 2026 |
| Intended allottee | Category 3 directors of the Company (excluding outside directors) / Number of Shares 19,550 shares, Category 2 of the Company's executive officers / Number of Shares 880 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restricted shares will be managed in a dedicated account. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 21 October 2026, the business day preceding the Board of Directors resolution date, was ¥1,248. No discount or premium rate was stated. |
| Transfer restriction period | From 19 November 2026 until the date on which the recipient ceases to be a director of the company. The service period used as the basis for determining the lifting of restrictions runs until 1 October 2027. |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of either director or executive officer of the company from 19 November 2026 until 1 October 2027. If the recipient ceases to hold the position due to death, expiry of the term of office or another reason deemed reasonable by the Board of Directors, part of the restrictions will be lifted in proportion to the number of months served. In the event of a corporate reorganisation or similar event, the restrictions will also be lifted according to the prescribed formula. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares allocated under this award that remain subject to transfer restrictions when the restricted period expires or at another time specified in the agreement. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 19,550 shares, Category Executive officers / Number of Employees 2 / Number of allocated shares 880 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥25,496,640 |
| Stock Split Ratio | 3 shares for 1 share (record date: 31 December 2025); 2 shares for 1 share (record date: 30 June 2026) |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 incentives for the sustained enhancement of corporate value and promote value sharing with shareholders. The company also considered its business performance, the scope of responsibility of each recipient 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.
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.