Worth reading
48Recurring
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
12140
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much12,140Shares
12,140 common shares (treasury shares)
4 directors of the Company (excluding outside directors)12,140 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,319 per share
Amount of funds to be raised
Total payment amount: ¥16,012,660 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥16,012,660 (the annual compensation limit for restricted stock compensation is ¥30 million)
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
3 September 2026 to 3 September 2036 (10 years)
Conditions for lifting transfer restrictions
The eligible director must continuously hold one of the following positions during the transfer restriction period: director of the Company or one of its subsidiaries, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, advisor, counselor, or any other equivalent position. In the event of retirement or resignation due to expiration of the term of office, mandatory retirement, or another legitimate reason, the restrictions will be lifted subject to the prescribed conditions.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted upon expiry of the transfer restriction period or upon the prescribed retirement or resignation. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the restrictions have not been lifted.
Categories and Number of Persons Covered
4 directors of the Company (excluding outside directors), 12,140 shares
Intended allottee's holding policy
The transfer restriction period will be 10 years in order to achieve the sharing of shareholder value over the long term. During this period, the shares may not be transferred, pledged as collateral, or otherwise disposed of.
Payment date
3 September 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 17 August 2026, ¥1,319 per share. The Company believes that this does not constitute a particularly favorable price. No discount or premium rate was disclosed.
Impact on Business Performance
Impact on results for the current fiscal year: Not 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 | 12,140 common shares (treasury shares) |
| Issue price and disposal price | ¥1,319 per share |
| Amount of funds to be raised | Total payment amount: ¥16,012,660 (estimated net proceeds: Not disclosed) |
| Payment date | 3 September 2026 |
| Intended allottee | Name 4 directors of the Company (excluding outside directors) / Number of Shares 12,140 shares |
| Intended allottee's holding policy | The transfer restriction period will be 10 years in order to achieve the sharing of shareholder value over the long term. During this period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. |
| 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 17 August 2026, ¥1,319 per share. The Company believes that this does not constitute a particularly favorable price. No discount or premium rate was disclosed. |
| Transfer restriction period | 3 September 2026 to 3 September 2036 (10 years) |
| Conditions for lifting transfer restrictions | The eligible director must continuously hold one of the following positions during the transfer restriction period: director of the Company or one of its subsidiaries, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, advisor, counselor, or any other equivalent position. In the event of retirement or resignation due to expiration of the term of office, mandatory retirement, or another legitimate reason, the restrictions will be lifted subject to the prescribed conditions. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted upon expiry of the transfer restriction period or upon the prescribed retirement or resignation. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding outside directors), 12,140 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥16,012,660 (the annual compensation limit for restricted stock compensation is ¥30 million) |
| Impact on Business Performance | Impact on results for the current fiscal year: Not disclosed |
Items this document does not state (14)
Total issue valueEstimated 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 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.The purpose is to provide long-term incentives for the sustained enhancement of corporate value, promote the sharing of value with shareholders through long-term, stable shareholding, and further increase the motivation of each eligible director.
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.