Worth reading
47Recurring
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
8700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares under performance-linked and non-performance-linked stock compensation plans
Who receives how much
8,700 shares of the Company’s common stock (PSU: 7,200 shares; RSU: 1,500 shares)
PSUs granted in fiscal 20237,200 shares
RSUs granted in fiscal 20231,500 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.
¥23,840 per share
Total issue value
¥207,408,000
発行済株式総数
Less than 25%
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.
Categories and Number of Persons Covered
Category Executive Officer / Number of Employees 3 / Number of allocated shares 7,200 shares, Category Outside directors / Number of Employees 5 / Number of allocated shares 1,500 shares
Reason for acquisition without consideration
With respect to the PSUs and RSUs, if an individual retires from office for personal reasons or is removed, the financial statements are subsequently restated due to a material accounting error or fraud, or serious neglect of duties, violation of laws or regulations, or other misconduct becomes apparent, unpaid compensation may be reduced or withheld, and all or part of any compensation already paid may be reclaimed.
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 30 July 2026, ¥23,840. No discount or premium.
Procedures under the Corporate Code of Conduct
Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholders' intentions.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares under performance-linked and non-performance-linked stock compensation plans |
| Number of shares to be issued or disposed of | 8,700 shares of the Company’s common stock (PSU: 7,200 shares; RSU: 1,500 shares) |
| Issue price and disposal price | ¥23,840 per share |
| Total issue value | ¥207,408,000 |
| Intended allottee | Category PSUs granted in fiscal 2023 / Subject 3 executive officers / Number of Shares 7,200 shares, Category RSUs granted in fiscal 2023 / Subject 5 outside directors / Number of Shares 1,500 shares |
| Dilution Rate | Less than 25% |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 30 July 2026, ¥23,840. No discount or premium. |
| Reason for acquisition without consideration | With respect to the PSUs and RSUs, if an individual retires from office for personal reasons or is removed, the financial statements are subsequently restated due to a material accounting error or fraud, or serious neglect of duties, violation of laws or regulations, or other misconduct becomes apparent, unpaid compensation may be reduced or withheld, and all or part of any compensation already paid may be reclaimed. |
| Categories and Number of Persons Covered | Category Executive Officer / Number of Employees 3 / Number of allocated shares 7,200 shares, Category Outside directors / Number of Employees 5 / Number of allocated shares 1,500 shares |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholders' intentions. |
Items this document does not state (18)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / 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 enhance motivation to improve and contribute to medium- to long-term performance and corporate value, and to secure outstanding personnel through competitive compensation levels.
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.