Worth reading
47Recurring
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
19200
sharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much19,200Shares
19,200 treasury common shares
The Company's executive officers1 / 1,800 shares
Employees of the Company96 / 17,400 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.
¥1,771 per share
Total issue value
¥34,003,200
Amount of funds to be raised
Total payment of ¥34,003,200 through an in-kind contribution of monetary claims; approximate net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥34,003,200
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
25 December 2026 to 3 December 2029 (approximately 3 years)
Conditions for lifting transfer restrictions
All transfer restrictions will be lifted upon expiry of the transfer restriction period, provided that the eligible employees and other recipients continuously hold one of the following positions during the transfer restriction period: director of the company or one of its subsidiaries, executive officer of the company or one of its subsidiaries who does not concurrently serve as a director, employee, or another equivalent position. Conditions for lifting the restrictions in cases including retirement or resignation upon expiry of a term of office, reaching the mandatory retirement age or for another legitimate reason, death, or a corporate reorganization are also prescribed.
Reason for acquisition without consideration
The company will acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiry of the transfer restriction period or at the prescribed time for lifting the restrictions. In the event of death-related retirement or certain corporate reorganizations by 1 July 2027, the company will acquire without consideration all of the allocated shares held by the recipient.
Categories and Number of Persons Covered
1 executive officer of the company: 1,800 shares; 96 employees of the company: 17,400 shares
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, the establishment of security interests and other dispositions are prohibited. The transfer restriction period runs from 25 December 2026 to 3 December 2029.
Payment date
25 December 2026
Basis for determining the amount to be paid
The closing price of the company's common stock on the Tokyo Stock Exchange Prime Market on 11 November 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,771. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 19,200 treasury common shares |
| Issue price and disposal price | ¥1,771 per share |
| Total issue value | ¥34,003,200 |
| Amount of funds to be raised | Total payment of ¥34,003,200 through an in-kind contribution of monetary claims; approximate net proceeds: Not disclosed |
| Payment date | 25 December 2026 |
| Intended allottee | Name The Company's executive officers / Number of Employees 1 / Number of Shares 1,800 shares, Name Employees of the Company / Number of Employees 96 / Number of Shares 17,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, the establishment of security interests and other dispositions are prohibited. The transfer restriction period runs from 25 December 2026 to 3 December 2029. |
| Basis for determining the amount to be paid | The closing price of the company's common stock on the Tokyo Stock Exchange Prime Market on 11 November 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,771. No discount or premium rate was stated. |
| Transfer restriction period | 25 December 2026 to 3 December 2029 (approximately 3 years) |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted upon expiry of the transfer restriction period, provided that the eligible employees and other recipients continuously hold one of the following positions during the transfer restriction period: director of the company or one of its subsidiaries, executive officer of the company or one of its subsidiaries who does not concurrently serve as a director, employee, or another equivalent position. Conditions for lifting the restrictions in cases including retirement or resignation upon expiry of a term of office, reaching the mandatory retirement age or for another legitimate reason, death, or a corporate reorganization are also prescribed. |
| Reason for acquisition without consideration | The company will acquire without consideration any shares for which the transfer restrictions have not been lifted upon expiry of the transfer restriction period or at the prescribed time for lifting the restrictions. In the event of death-related retirement or certain corporate reorganizations by 1 July 2027, the company will acquire without consideration all of the allocated shares held by the recipient. |
| Categories and Number of Persons Covered | 1 executive officer of the company: 1,800 shares; 96 employees of the company: 17,400 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥34,003,200 |
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 realize the sharing of shareholder value over the medium term under an incentive program using restricted stock for executive officers and employees.
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.