Worth reading
50Recurring
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
34219
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much34,219Shares
34,219 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding outside directors)3 / 14,810 shares
The Company's executive officers9 / 7,944 shares
Directors of the Company's group companies (excluding those who concurrently serve as directors or executive officers of the Company and those seconded from the Company's group companies)33 / 11,465 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.
¥2,991 per share
Total issue value
¥102,349,029
Amount of funds to be raised
Total amount paid: ¥102,349,029; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary claims: ¥102,349,029. The annual compensation limit for eligible directors is ¥80 million or less.
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 15 June 2026 until immediately after the eligible directors and other recipients cease to hold any position as an officer or employee of the Company or any of its group companies
Conditions for lifting transfer restrictions
All of the allocated shares will be released from the transfer restrictions upon expiration of the transfer restriction period, provided that the recipient has continuously held a position as an officer or employee of the Company or any of its group companies from 15 June 2026 until immediately before the conclusion of the first annual general meeting of shareholders held thereafter. If the recipient ceases to hold such position for a legitimate reason, the transfer restrictions will be released immediately after the recipient's departure, for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released as of the expiration of the transfer restriction period or the date on which the transfer restrictions are released.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 14,810 shares, Category The Company's executive officers / Number of Employees 9 / Number of allocated shares 7,944 shares, Category Directors of the Company's group companies / Number of Employees 33 / Number of allocated shares 11,465 shares
Intended allottee's holding policy
From 15 June 2026 until immediately after the eligible directors and other recipients cease to hold any position as an officer or employee of the Company or any of its group companies, transfers to third parties, the creation of security interests and any other disposition are prohibited.
Payment date
15 June 2026
Basis for determining the amount to be paid
¥2,991, obtained by rounding up to the nearest yen the common stock closing price of ¥2,990.5 on the Tokyo Stock Exchange Prime Market on 20 May 2026. No discount or premium rate was disclosed.
Procedures under the Corporate Code of Conduct
The matter was referred to the Nomination and Compensation Committee for consultation.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 34,219 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,991 per share |
| Total issue value | ¥102,349,029 |
| Amount of funds to be raised | Total amount paid: ¥102,349,029; estimated net proceeds: Not disclosed |
| Payment date | 15 June 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 14,810 shares, Name The Company's executive officers / Number of Employees 9 / Number of Shares 7,944 shares, Name Directors of the Company's group companies (excluding those who concurrently serve as directors or executive officers of the Company and those seconded from the Company's group companies) / Number of Employees 33 / Number of Shares 11,465 shares |
| Intended allottee's holding policy | From 15 June 2026 until immediately after the eligible directors and other recipients cease to hold any position as an officer or employee of the Company or any of its group companies, transfers to third parties, the creation of security interests and any other disposition are prohibited. |
| Basis for determining the amount to be paid | ¥2,991, obtained by rounding up to the nearest yen the common stock closing price of ¥2,990.5 on the Tokyo Stock Exchange Prime Market on 20 May 2026. No discount or premium rate was disclosed. |
| Transfer restriction period | From 15 June 2026 until immediately after the eligible directors and other recipients cease to hold any position as an officer or employee of the Company or any of its group companies |
| Conditions for lifting transfer restrictions | All of the allocated shares will be released from the transfer restrictions upon expiration of the transfer restriction period, provided that the recipient has continuously held a position as an officer or employee of the Company or any of its group companies from 15 June 2026 until immediately before the conclusion of the first annual general meeting of shareholders held thereafter. If the recipient ceases to hold such position for a legitimate reason, the transfer restrictions will be released immediately after the recipient's departure, for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released as of the expiration of the transfer restriction period or the date on which the transfer restrictions are released. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 14,810 shares, Category The Company's executive officers / Number of Employees 9 / Number of allocated shares 7,944 shares, Category Directors of the Company's group companies / Number of Employees 33 / Number of allocated shares 11,465 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥102,349,029. The annual compensation limit for eligible directors is ¥80 million or less. |
| Procedures under the Corporate Code of Conduct | The matter was referred to the Nomination and Compensation Committee for consultation. |
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 an incentive for the sustainable enhancement of corporate value and promote value sharing with shareholders. The arrangement is also intended to further enhance the motivation of each eligible director and other recipient.
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.