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
8100
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much8,100Shares
8,100 common shares (new shares)
Directors of the Company (excluding outside directors)5 / 5,700 shares
The Company's executive officers8 independent officers / 2,400 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.
¥3,300 per share
Total issue value
¥26,730,000
Amount of funds to be raised
Total amount paid in: ¥26,730,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims and monetary claims of ¥26,730,000. For directors, the limit for monetary compensation claims is ¥100 million per year.
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 3 August 2026 until the date on which the recipient ceases to hold the position of director or executive officer of the Company
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted upon expiration of the restricted period, provided that the recipient continuously holds the relevant position from 26 June 2026 until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027 (for executive officers, from 1 April 2026 until 31 March 2027). If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed justified by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares for which the restrictions have not been lifted upon expiry of the restricted period or at any other time specified in the agreement.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 5,700 shares, Category Executive officers / Number of Employees 8 independent officers / Number of allocated shares 2,400 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The restricted period runs from 3 August 2026 until the date on which the recipient ceases to hold the position of director or executive officer.
Payment date
3 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,300. No discount or premium was applied.
Procedures under the Corporate Code of Conduct
At the ordinary general meeting of shareholders held on 27 June 2024, approval was obtained for monetary compensation claims related to the granting of restricted stock. The present issuance was resolved at the Board of Directors' meeting held on 26 June 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 8,100 common shares (new shares) |
| Issue price and disposal price | ¥3,300 per share |
| Total issue value | ¥26,730,000 |
| Amount of funds to be raised | Total amount paid in: ¥26,730,000; estimated net proceeds: Not disclosed |
| Payment date | 3 August 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of Shares 5,700 shares, Category The Company's executive officers / Number of Employees 8 independent officers / Number of Shares 2,400 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The restricted period runs from 3 August 2026 until the date on which the recipient ceases to hold the position of director or executive officer. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,300. No discount or premium was applied. |
| Transfer restriction period | From 3 August 2026 until the date on which the recipient ceases to hold the position of director or executive officer of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the restricted period, provided that the recipient continuously holds the relevant position from 26 June 2026 until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027 (for executive officers, from 1 April 2026 until 31 March 2027). If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed justified by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the restrictions have not been lifted upon expiry of the restricted period or at any other time specified in the agreement. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 5,700 shares, Category Executive officers / Number of Employees 8 independent officers / Number of allocated shares 2,400 shares |
| Total Stock-Based Compensation | Total monetary compensation claims and monetary claims of ¥26,730,000. For directors, the limit for monetary compensation claims is ¥100 million per year. |
| Procedures under the Corporate Code of Conduct | At the ordinary general meeting of shareholders held on 27 June 2024, approval was obtained for monetary compensation claims related to the granting of restricted stock. The present issuance was resolved at the Board of Directors' meeting held on 26 June 2026. |
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 RatioMost 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 provide directors and executive officers with incentives to achieve sustained growth in corporate value and promote the sharing of value with shareholders.
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.