Worth reading
59In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
4557
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much4,557Shares
4,557 common shares (new shares)
3 directors of the Company, excluding directors serving as Audit & Supervisory Committee members and outside directors4,238 shares
1 employee of the Company319 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.
¥3,520 per share
Total issue value
¥16,040,640
Amount of funds to be raised
Total payment amount: ¥16,040,640; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary receivables: ¥16,040,640
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 23 July 2026 until immediately after the point at which the recipient ceases to hold a designated position at the Company or one of its subsidiaries, or leaves employment
Conditions for lifting transfer restrictions
If the recipient ceases to hold office or leaves employment upon expiration of the term of office, reaching the mandatory retirement age, or for another legitimate reason, all transfer restrictions on the shares allocated under this arrangement will be lifted upon expiration of the restriction period. The restrictions will also be lifted subject to certain conditions in the event of a reorganization or similar transaction.
Reason for acquisition without consideration
If the recipient ceases to hold office or leaves employment before the restriction period expires without a legitimate reason, violates any law or regulation during the restriction period, or falls under any other circumstances specified in the restricted stock allocation agreement, the Company will acquire all shares allocated under this arrangement for no consideration.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 4,238 shares, Category Employees / Number of Employees 1 / Number of allocated shares 319 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any way. During the restriction period, they will be managed in a dedicated account opened with Nomura Securities Co., Ltd.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,520. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
At the 77th Annual General Meeting of Shareholders held on 24 June 2026, approval was obtained for the payment of monetary receivables as restricted stock compensation to eligible directors and for the issuance or disposal of common shares. The matter was also deliberated by the Nominating and Compensation Advisory Committee.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 4,557 common shares (new shares) |
| Issue price and disposal price | ¥3,520 per share |
| Total issue value | ¥16,040,640 |
| Amount of funds to be raised | Total payment amount: ¥16,040,640; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name 3 directors of the Company, excluding directors serving as Audit & Supervisory Committee members and outside directors / Number of Shares 4,238 shares, Name 1 employee of the Company / Number of Shares 319 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to any third party, pledged or otherwise disposed of in any way. During the restriction period, they will be managed in a dedicated account opened with Nomura Securities Co., Ltd. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,520. No discount or premium rate is stated. |
| Transfer restriction period | From 23 July 2026 until immediately after the point at which the recipient ceases to hold a designated position at the Company or one of its subsidiaries, or leaves employment |
| Conditions for lifting transfer restrictions | If the recipient ceases to hold office or leaves employment upon expiration of the term of office, reaching the mandatory retirement age, or for another legitimate reason, all transfer restrictions on the shares allocated under this arrangement will be lifted upon expiration of the restriction period. The restrictions will also be lifted subject to certain conditions in the event of a reorganization or similar transaction. |
| Reason for acquisition without consideration | If the recipient ceases to hold office or leaves employment before the restriction period expires without a legitimate reason, violates any law or regulation during the restriction period, or falls under any other circumstances specified in the restricted stock allocation agreement, the Company will acquire all shares allocated under this arrangement for no consideration. |
| Categories and Number of Persons Covered | Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 3 / Number of allocated shares 4,238 shares, Category Employees / Number of Employees 1 / Number of allocated shares 319 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥16,040,640 |
| Procedures under the Corporate Code of Conduct | At the 77th Annual General Meeting of Shareholders held on 24 June 2026, approval was obtained for the payment of monetary receivables as restricted stock compensation to eligible directors and for the issuance or disposal of common shares. The matter was also deliberated by the Nominating and Compensation Advisory Committee. |
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.The purpose is to provide incentives for the sustained enhancement of corporate value, promote the sharing of value with shareholders, and further motivate the eligible directors and others.
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.