Worth reading
48Recurring
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
24680
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
24,680 shares of the Company's common stock (18,392 shares for directors and 6,288 shares for executive officers who do not concurrently serve as directors)
Directors (excluding Audit and Supervisory Committee members, outside directors and part-time directors)3 / 18,392 shares
Executive officers who do not concurrently serve as directors4 / 6,288 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.
¥882 per share
Total issue value
¥21,767,760
Amount of funds to be raised
Total payment amount: ¥21,767,760 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary claims: ¥21,767,760
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury shares)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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
Eligible directors: from 26 June 2026 until immediately after the director's position with the Company is vacated, Eligible executive officers: from 26 June 2026 until immediately after the specified position with the Company or one of its subsidiaries is vacated or the officer retires
Conditions for lifting transfer restrictions
Eligible directors: the recipient must continuously hold the position of director from the date on which the director begins performing duties until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter., Eligible executive officers: the recipient must continuously hold the specified position with the Company or one of its subsidiaries from 1 June 2026 through 31 May 2027. If the recipient vacates the position or retires due to expiration of the term of office, reaching the mandatory retirement age, death or another legitimate reason, the restrictions will be lifted in proportion to the period of service.
Reason for acquisition without consideration
If any of the shares subject to this allocation remain subject to transfer restrictions when the restriction period expires or the restrictions are lifted, the Company will automatically acquire those shares without consideration.
Stock Split Ratio5 shares for each share, effective 1 March 2024 (historical share split)
Categories and Number of Persons Covered
Category Directors (excluding Audit and Supervisory Committee members, outside directors and part-time directors) / Number of Employees 3 / Number of allocated shares 18,392 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 4 / Number of allocated shares 6,288 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account.
Payment date
26 June 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 28 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥882. No discount or premium applies.
Procedures under the Corporate Code of Conduct
The restricted stock compensation plan and the compensation limit were approved at the ordinary general meeting of shareholders held on 27 May 2021. The Company has also obtained a determination of the Audit and Supervisory Committee's opinion in connection with this transaction.
Impact on Business Performance
No impact on results 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 | 24,680 shares of the Company's common stock (18,392 shares for directors and 6,288 shares for executive officers who do not concurrently serve as directors) |
| Issue price and disposal price | ¥882 per share |
| Total issue value | ¥21,767,760 |
| Amount of funds to be raised | Total payment amount: ¥21,767,760 (estimated net proceeds: Not disclosed) |
| Payment date | 26 June 2026 |
| Intended allottee | Name Directors (excluding Audit and Supervisory Committee members, outside directors and part-time directors) / Number of Employees 3 / Number of Shares 18,392 shares, Name Executive officers who do not concurrently serve as directors / Number of Employees 4 / Number of Shares 6,288 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| 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 28 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥882. No discount or premium applies. |
| Transfer restriction period | Eligible directors: from 26 June 2026 until immediately after the director's position with the Company is vacated, Eligible executive officers: from 26 June 2026 until immediately after the specified position with the Company or one of its subsidiaries is vacated or the officer retires |
| Conditions for lifting transfer restrictions | Eligible directors: the recipient must continuously hold the position of director from the date on which the director begins performing duties until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter., Eligible executive officers: the recipient must continuously hold the specified position with the Company or one of its subsidiaries from 1 June 2026 through 31 May 2027. If the recipient vacates the position or retires due to expiration of the term of office, reaching the mandatory retirement age, death or another legitimate reason, the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If any of the shares subject to this allocation remain subject to transfer restrictions when the restriction period expires or the restrictions are lifted, the Company will automatically acquire those shares without consideration. |
| Categories and Number of Persons Covered | Category Directors (excluding Audit and Supervisory Committee members, outside directors and part-time directors) / Number of Employees 3 / Number of allocated shares 18,392 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 4 / Number of allocated shares 6,288 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥21,767,760 |
| Stock Split Ratio | 5 shares for each share, effective 1 March 2024 (historical share split) |
| Procedures under the Corporate Code of Conduct | The restricted stock compensation plan and the compensation limit were approved at the ordinary general meeting of shareholders held on 27 May 2021. The Company has also obtained a determination of the Audit and Supervisory Committee's opinion in connection with this transaction. |
| Impact on Business Performance | No impact on results is stated |
Items this document does not state (9)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentMost 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 provide incentives for the sustained enhancement of corporate value and promote value sharing with shareholders, as well as to further motivate the eligible directors and other recipients.
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.