Worth reading
44Recurring
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
63304
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much63,304Shares
63,304 shares of the Company’s common stock (treasury shares)
5 directors of the Company, excluding outside directors43,288 shares
7 executive officers of the Company20,016 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.
¥376 per share
Total issue value
¥23,802,304
Amount of funds to be raised
Total payment amount: ¥23,802,304; estimated net proceeds: Not disclosed (disposal in exchange for an in-kind contribution of compensation receivables)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥23,802,304 (the total annual amount of monetary compensation receivables for directors is capped at ¥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
From 12 August 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold either the position of director or executive officer of the Company through the date of the first annual general meeting of shareholders held after 12 August 2026. If the recipient ceases to hold the position for a legitimate reason, the transfer restrictions will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month containing the date of departure, divided by 12.
Reason for acquisition without consideration
If, after the start of the transfer restriction period and before the day preceding the date of the first annual general meeting of shareholders held thereafter, the recipient ceases, without a legitimate reason, to hold either the position of director or executive officer of the Company. Shares for which the transfer restrictions have not been lifted when the period expires. In the event of a reorganization or similar transaction, shares for which the transfer restrictions have not been lifted by the effective date.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 43,288 shares, Category The Company's executive officers / Number of Employees 7 / Number of allocated shares 20,016 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed.
Payment date
12 August 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 17 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥376. The discount and premium rates are 0%.
Impact on Business Performance
The impact of this disposal of treasury shares on performance is 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 | 63,304 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥376 per share |
| Total issue value | ¥23,802,304 |
| Amount of funds to be raised | Total payment amount: ¥23,802,304; estimated net proceeds: Not disclosed (disposal in exchange for an in-kind contribution of compensation receivables) |
| Payment date | 12 August 2026 |
| Intended allottee | Name 5 directors of the Company, excluding outside directors / Number of Shares 43,288 shares, Name 7 executive officers of the Company / Number of Shares 20,016 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 17 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥376. The discount and premium rates are 0%. |
| Transfer restriction period | From 12 August 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold either the position of director or executive officer of the Company through the date of the first annual general meeting of shareholders held after 12 August 2026. If the recipient ceases to hold the position for a legitimate reason, the transfer restrictions will be lifted for the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month containing the date of departure, divided by 12. |
| Reason for acquisition without consideration | If, after the start of the transfer restriction period and before the day preceding the date of the first annual general meeting of shareholders held thereafter, the recipient ceases, without a legitimate reason, to hold either the position of director or executive officer of the Company. Shares for which the transfer restrictions have not been lifted when the period expires. In the event of a reorganization or similar transaction, shares for which the transfer restrictions have not been lifted by the effective date. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 43,288 shares, Category The Company's executive officers / Number of Employees 7 / Number of allocated shares 20,016 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥23,802,304 (the total annual amount of monetary compensation receivables for directors is capped at ¥30 million) |
| Impact on Business Performance | The impact of this disposal of treasury shares on performance is Not disclosed |
Items this document does not state (13)
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 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced 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.