Worth reading
39Recurring
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
3786
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,786Shares
Treasury shares: 3,786 shares
3 directors of the Company (excluding outside directors)2,928 shares
3 of the Company's executive officers858 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.
¥2,440 per share
Total Stock-Based Compensation
Total monetary compensation receivables of ¥9,237,840. Total annual compensation and other payments for the eligible directors are capped at ¥15,000 thousand.
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 10 July 2026 until the date on which the recipient ceases to hold any position as a director or executive officer of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold either a position as a director or executive officer through the date of the first annual general meeting of shareholders of the Company held after the start date of the transfer restriction period, or, in the case of an executive officer, through the first fiscal year-end occurring after that date. If the recipient ceases to hold office for a valid reason, part of the restrictions will be lifted based on the number of months in office.
Reason for acquisition without consideration
The Company will acquire the shares without consideration if the recipient ceases to hold any position as a director or executive officer before the prescribed reference date, except where the Board of Directors recognizes a valid reason, and if any shares are not eligible for the lifting of the transfer restrictions. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted at the time of a corporate reorganization.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 2,928 shares, Category The Company's executive officers / Number of Employees 3 / Number of allocated shares 858 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the recipients may not transfer the shares to third parties, create pledges or security interests over them, make inter vivos gifts or bequests, or otherwise dispose of them in any way. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
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 on the business day immediately preceding the date of the board resolution, 18 June 2026, was ¥2,440. No discount or premium is 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 | Treasury shares: 3,786 shares |
| Issue price and disposal price | ¥2,440 per share |
| Payment date | 10 July 2026 |
| Intended allottee | Category 3 directors of the Company (excluding outside directors) / Number of Shares 2,928 shares, Category 3 of the Company's executive officers / Number of Shares 858 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the recipients may not transfer the shares to third parties, create pledges or security interests over them, make inter vivos gifts or bequests, or otherwise dispose of them in any way. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the board resolution, 18 June 2026, was ¥2,440. No discount or premium is stated. |
| Transfer restriction period | From 10 July 2026 until the date on which the recipient ceases to hold any position as a director or executive officer of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold either a position as a director or executive officer through the date of the first annual general meeting of shareholders of the Company held after the start date of the transfer restriction period, or, in the case of an executive officer, through the first fiscal year-end occurring after that date. If the recipient ceases to hold office for a valid reason, part of the restrictions will be lifted based on the number of months in office. |
| Reason for acquisition without consideration | The Company will acquire the shares without consideration if the recipient ceases to hold any position as a director or executive officer before the prescribed reference date, except where the Board of Directors recognizes a valid reason, and if any shares are not eligible for the lifting of the transfer restrictions. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted at the time of a corporate reorganization. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 2,928 shares, Category The Company's executive officers / Number of Employees 3 / Number of allocated shares 858 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥9,237,840. Total annual compensation and other payments for the eligible directors are capped at ¥15,000 thousand. |
Items this document does not state (16)
Total issue valueAmount of funds to be raisedEstimated 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 share the benefits and risks of share price movements with shareholders and provide a long-term incentive to increase the recipients’ motivation to contribute to higher share prices and greater corporate value.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.