Worth reading
37Immaterial
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
285100
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
(1) 279,100 common shares of the Company; (2) 6,000 common shares of the Company
Employees of the company group899 people / 279,100 shares
Prospective mid-career hires of the Group20 / 6,000 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.
(1) ¥507 per share; (2) ¥507 per share
Total issue value
(1) ¥141,503,700; (2) ¥3,042,000
Amount of funds to be raised
No cash proceeds, as the shares will be issued in exchange for an in-kind contribution of monetary claims. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
(1) ¥141,503,700; (2) monetary claims of ¥3,042,000
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 the payment date through 30 September 2029
Conditions for lifting transfer restrictions
The transfer restrictions on all of the shares allotted will be lifted upon expiry of the restriction period, provided that the recipient continuously held one of the following positions during the restriction period: director, audit & supervisory board member, executive officer or employee of the Group. If the recipient loses the position due to expiry of the term of office, death, mandatory retirement or another specified reason, the restrictions will be lifted for the number of shares corresponding to the prescribed number of months. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted for the number of shares corresponding to the prescribed number of months.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Employees of the Group: 899 people, 279,100 shares; prospective mid-career hires of the Group: 20 people, 6,000 shares
Intended allottee's holding policy
The shares may not be transferred, pledged or otherwise disposed of from the payment date through 30 September 2029. Subject to the recipient having continuously held the prescribed position, the transfer restrictions will be lifted upon expiry of the restriction period.
Payment date
1 October 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 30 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥507. No discount or premium rate is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | (1) 279,100 common shares of the Company; (2) 6,000 common shares of the Company |
| Issue price and disposal price | (1) ¥507 per share; (2) ¥507 per share |
| Total issue value | (1) ¥141,503,700; (2) ¥3,042,000 |
| Amount of funds to be raised | No cash proceeds, as the shares will be issued in exchange for an in-kind contribution of monetary claims. Estimated net proceeds: Not disclosed |
| Payment date | 1 October 2026 |
| Intended allottee | Name Employees of the company group / Number of Employees 899 people / Number of Shares 279,100 shares, Name Prospective mid-career hires of the Group / Number of Employees 20 / Number of Shares 6,000 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged or otherwise disposed of from the payment date through 30 September 2029. Subject to the recipient having continuously held the prescribed position, the transfer restrictions will be lifted upon expiry of the restriction period. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 30 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥507. No discount or premium rate is stated. |
| Transfer restriction period | From the payment date through 30 September 2029 |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the shares allotted will be lifted upon expiry of the restriction period, provided that the recipient continuously held one of the following positions during the restriction period: director, audit & supervisory board member, executive officer or employee of the Group. If the recipient loses the position due to expiry of the term of office, death, mandatory retirement or another specified reason, the restrictions will be lifted for the number of shares corresponding to the prescribed number of months. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted for the number of shares corresponding to the prescribed number of months. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Employees of the Group: 899 people, 279,100 shares; prospective mid-career hires of the Group: 20 people, 6,000 shares |
| Total Stock-Based Compensation | (1) ¥141,503,700; (2) monetary claims of ¥3,042,000 |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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 eligible employees with an incentive to pursue long-term and medium-term improvements in corporate value, thereby contributing to the sustainable enhancement of the Company's 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.
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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.