Worth reading
43Recurring
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
20521
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much20,521Shares
20,521 common shares of the Company (treasury shares)
5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors)17,525 shares
The Company's executive officers2,996 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.
¥468 per share
Total issue value
¥9,603,828
Total Stock-Based Compensation
Total monetary remuneration claims of ¥9,603,828. The total amount of monetary remuneration claims for directors may not exceed ¥80 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 5 August 2026 to 4 August 2056 (30 years)
Conditions for lifting transfer restrictions
In principle, the recipient must continuously hold the position of director or executive officer of the Company from the start date of the transfer restriction period until the date of the first Annual General Meeting of Shareholders held after that date. If the recipient leaves the position for a legitimate reason, the restrictions will be lifted for the number of shares corresponding to the period in office.
Reason for acquisition without consideration
If the recipient leaves both the position of director and the position of executive officer before the prescribed date, unless the Board of Directors recognizes a legitimate reason, or if any shares remain subject to transfer restrictions when the transfer restriction period expires. Shares that remain subject to transfer restrictions when a corporate reorganization takes place will also be acquired without consideration.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of allocated shares 17,525 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 2,996 shares
Payment date
5 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 15 July 2026, which was ¥468. No discount or premium will be applied.
Procedures under the Corporate Code of Conduct
At the Annual General Meeting of Shareholders held on 27 June 2023, approval was obtained for the total amount of monetary remuneration claims and the maximum number of shares to be allotted in connection with restricted stock. This disposal was resolved by the Board of Directors.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 20,521 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥468 per share |
| Total issue value | ¥9,603,828 |
| Payment date | 5 August 2026 |
| Intended allottee | Category 5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 17,525 shares, Category The Company's executive officers / Number of Shares 2,996 shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 July 2026, which was ¥468. No discount or premium will be applied. |
| Transfer restriction period | From 5 August 2026 to 4 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | In principle, the recipient must continuously hold the position of director or executive officer of the Company from the start date of the transfer restriction period until the date of the first Annual General Meeting of Shareholders held after that date. If the recipient leaves the position for a legitimate reason, the restrictions will be lifted for the number of shares corresponding to the period in office. |
| Reason for acquisition without consideration | If the recipient leaves both the position of director and the position of executive officer before the prescribed date, unless the Board of Directors recognizes a legitimate reason, or if any shares remain subject to transfer restrictions when the transfer restriction period expires. Shares that remain subject to transfer restrictions when a corporate reorganization takes place will also be acquired without consideration. |
| Categories and Number of Persons Covered | Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of allocated shares 17,525 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 2,996 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims of ¥9,603,828. The total amount of monetary remuneration claims for directors may not exceed ¥80 million per year. |
| Procedures under the Corporate Code of Conduct | At the Annual General Meeting of Shareholders held on 27 June 2023, approval was obtained for the total amount of monetary remuneration claims and the maximum number of shares to be allotted in connection with restricted stock. This disposal was resolved by the Board of Directors. |
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution 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 enable directors and executive officers to share with shareholders both the benefits and risks of share price fluctuations, and to increase their 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.