Worth reading
37Immaterial
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
76300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much76,300Shares
76,300 treasury shares
Executive officers and employees of the company at the section manager level and above116 / 76,300 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,448 per share
Total issue value
¥110,482,400
Total Stock-Based Compensation
Total monetary compensation receivables: ¥110,482,400
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 the disposal date (30 November 2026) until the employee retires. In principle, continued employment through the date falling 5 years after the disposal date is required.
Conditions for lifting transfer restrictions
In principle, the recipient must remain an employee of the company through the date falling 5 years after the disposal date. If the employee retires due to mandatory retirement, appointment as a director of the company or another legitimate reason, the restrictions will be lifted at retirement. If the employee retires due to death, transfer to the parent company or another unavoidable reason, or in the event of a corporate reorganisation or participation in a tender offer, the restrictions will be lifted for the number of shares calculated according to the number of months employed.
Reason for acquisition without consideration
If the employee’s retirement is determined to be for a reason other than death, mandatory retirement, appointment as a director of the company or another legitimate reason, if voluntary retirement is determined, or in other circumstances stipulated in the allotment agreement. In the event of a partial release, the company will acquire the shares whose restrictions have not been lifted without consideration.
Categories and Number of Persons Covered
116 executive officers and employees of the company at the section manager level and above; 76,300 shares
Intended allottee's holding policy
In principle, the recipient must remain an employee of the company through the date falling 5 years after the disposal date. The shares may not be transferred, pledged or otherwise disposed of until retirement. They will be managed in a dedicated account.
Payment date
30 November 2026
Basis for determining the amount to be paid
The ¥1,448 closing price of the company’s common shares on the Prime Market of the Tokyo Stock Exchange on 12 November 2026. No discount or premium.
Impact on Business Performance
No impact on financial results from this treasury share disposal has been 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 | 76,300 treasury shares |
| Issue price and disposal price | ¥1,448 per share |
| Total issue value | ¥110,482,400 |
| Payment date | 30 November 2026 |
| Intended allottee | Name Executive officers and employees of the company at the section manager level and above / Number of Employees 116 / Number of Shares 76,300 shares |
| Intended allottee's holding policy | In principle, the recipient must remain an employee of the company through the date falling 5 years after the disposal date. The shares may not be transferred, pledged or otherwise disposed of until retirement. They will be managed in a dedicated account. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The ¥1,448 closing price of the company’s common shares on the Prime Market of the Tokyo Stock Exchange on 12 November 2026. No discount or premium. |
| Transfer restriction period | From the disposal date (30 November 2026) until the employee retires. In principle, continued employment through the date falling 5 years after the disposal date is required. |
| Conditions for lifting transfer restrictions | In principle, the recipient must remain an employee of the company through the date falling 5 years after the disposal date. If the employee retires due to mandatory retirement, appointment as a director of the company or another legitimate reason, the restrictions will be lifted at retirement. If the employee retires due to death, transfer to the parent company or another unavoidable reason, or in the event of a corporate reorganisation or participation in a tender offer, the restrictions will be lifted for the number of shares calculated according to the number of months employed. |
| Reason for acquisition without consideration | If the employee’s retirement is determined to be for a reason other than death, mandatory retirement, appointment as a director of the company or another legitimate reason, if voluntary retirement is determined, or in other circumstances stipulated in the allotment agreement. In the event of a partial release, the company will acquire the shares whose restrictions have not been lifted without consideration. |
| Categories and Number of Persons Covered | 116 executive officers and employees of the company at the section manager level and above; 76,300 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥110,482,400 |
| Impact on Business Performance | No impact on financial results from this treasury share disposal has been disclosed. |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise 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.To increase employees’ motivation to contribute to achieving performance targets and enhancing corporate value over the medium to long term. The company also aims to raise awareness of company-wide performance and the share price and encourage employees to contribute to enhancing 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.
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.