Worth reading
40Recurring
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
6300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,300Shares
6,300 treasury shares
The company's directors (excluding outside directors and directors serving as Audit and Supervisory Committee members)4 / 6,300 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥11,340 per share
Total issue value
¥71,442,000
Total Stock-Based Compensation
Total monetary compensation claims of ¥71,442,000. The compensation limit is ¥1.5 billion per year, of which the portion for outside directors is limited to ¥100 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
19 October 2026 to 18 October 2056 (30 years)
Conditions for lifting transfer restrictions
The recipient must have continuously served as a director during the transfer restriction period. In the event of retirement for a valid reason, the number of shares for which the restrictions are lifted and the timing of the lifting will be reasonably adjusted.
Reason for acquisition without consideration
If the recipient retires as a director without a valid reason before the transfer restriction period expires, or if the transfer restrictions have not been lifted when the period expires. If any shares remain subject to transfer restrictions after the restrictions have been lifted in connection with a corporate reorganisation or similar event.
Stock Split Ratio3 shares per share, effective 1 July 2024 (historical stock split)
Categories and Number of Persons Covered
4 directors of the company, excluding outside directors and directors who are Audit and Supervisory Committee members; 6,300 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restrictions will be lifted when the transfer restriction period expires, provided that the recipient has continuously served as a director.
Payment date
19 October 2026
Basis for determining the amount to be paid
The closing price of the company's common stock on the Tokyo Stock Exchange on 28 September 2026 was ¥11,340. This was the closing price on the business day preceding the board resolution date, with no discount applied.
Impact on Business Performance
The specific impact on business performance is Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,300 treasury shares |
| Issue price and disposal price | ¥11,340 per share |
| Total issue value | ¥71,442,000 |
| Payment date | 19 October 2026 |
| Intended allottee | Name The company's directors (excluding outside directors and directors serving as Audit and Supervisory Committee members) / Number of Employees 4 / Number of Shares 6,300 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restrictions will be lifted when the transfer restriction period expires, provided that the recipient has continuously served as a director. |
| Basis for determining the amount to be paid | The closing price of the company's common stock on the Tokyo Stock Exchange on 28 September 2026 was ¥11,340. This was the closing price on the business day preceding the board resolution date, with no discount applied. |
| Transfer restriction period | 19 October 2026 to 18 October 2056 (30 years) |
| Conditions for lifting transfer restrictions | The recipient must have continuously served as a director during the transfer restriction period. In the event of retirement for a valid reason, the number of shares for which the restrictions are lifted and the timing of the lifting will be reasonably adjusted. |
| Reason for acquisition without consideration | If the recipient retires as a director without a valid reason before the transfer restriction period expires, or if the transfer restrictions have not been lifted when the period expires. If any shares remain subject to transfer restrictions after the restrictions have been lifted in connection with a corporate reorganisation or similar event. |
| Categories and Number of Persons Covered | 4 directors of the company, excluding outside directors and directors who are Audit and Supervisory Committee members; 6,300 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥71,442,000. The compensation limit is ¥1.5 billion per year, of which the portion for outside directors is limited to ¥100 million per year. |
| Stock Split Ratio | 3 shares per share, effective 1 July 2024 (historical stock split) |
| Impact on Business Performance | The specific impact on business performance is Not disclosed |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures under the Corporate Code of ConductMost 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 the eligible directors with an incentive to achieve sustained growth in corporate value and to further promote the sharing of value with shareholders.
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.