Worth reading
60In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
53054
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much53,054Shares
53,054 common shares (new shares)
4 directors of the Company (excluding outside directors and directors who are Audit and Supervisory Committee members)53,054 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥819 per share
Total issue value
¥43,451,226
Amount of funds to be raised
Total payment amount: ¥43,451,226; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥43,451,226 (the total amount of monetary compensation receivables to be paid to eligible directors is limited to ¥70,000 thousand per year)
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
50 years (10 July 2026 to 9 July 2076)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible director has continuously held the position of director of the Company during that period (excluding outside directors and directors who are Audit and Supervisory Committee members). If the director retires upon expiration of the term of office, mandatory retirement or for another legitimate reason, the restrictions on the number of shares corresponding to the director's months in office will be lifted immediately after retirement.
Reason for acquisition without consideration
Immediately after the expiration of the transfer restriction period or the lifting of the transfer restrictions, the Company will automatically acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted. In the event of a corporate reorganization or other similar event, the Company will also acquire without consideration any allocated shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
4 directors of the Company, excluding outside directors and directors who are Audit and Supervisory Committee members, 53,054 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. The transfer restriction period runs from 10 July 2026 to 9 July 2076.
Payment date
10 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 11 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥819. 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 | 53,054 common shares (new shares) |
| Issue price and disposal price | ¥819 per share |
| Total issue value | ¥43,451,226 |
| Amount of funds to be raised | Total payment amount: ¥43,451,226; estimated net proceeds: Not disclosed |
| Payment date | 10 July 2026 |
| Intended allottee | Name 4 directors of the Company (excluding outside directors and directors who are Audit and Supervisory Committee members) / Number of Shares 53,054 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. The transfer restriction period runs from 10 July 2026 to 9 July 2076. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 11 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥819. No discount or premium rate was stated. |
| Transfer restriction period | 50 years (10 July 2026 to 9 July 2076) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible director has continuously held the position of director of the Company during that period (excluding outside directors and directors who are Audit and Supervisory Committee members). If the director retires upon expiration of the term of office, mandatory retirement or for another legitimate reason, the restrictions on the number of shares corresponding to the director's months in office will be lifted immediately after retirement. |
| Reason for acquisition without consideration | Immediately after the expiration of the transfer restriction period or the lifting of the transfer restrictions, the Company will automatically acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted. In the event of a corporate reorganization or other similar event, the Company will also acquire without consideration any allocated shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding outside directors and directors who are Audit and Supervisory Committee members, 53,054 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥43,451,226 (the total amount of monetary compensation receivables to be paid to eligible directors is limited to ¥70,000 thousand per year) |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise 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 sustainable enhancement of the Company's corporate value and promote value sharing with shareholders. In determining this grant, the Company also considered the purpose of the plan, the Company's business performance, the scope of responsibilities of each eligible director 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.