Worth reading
46Recurring
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
70000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much70,000Shares
70,000 shares of the Company's common stock (treasury shares)
4 directors (excluding outside directors)52,000 shares
13 executive officers18,000 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.
¥896 per share
Total issue value
¥62,720,000
Amount of funds to be raised
Total payment amount: ¥62,720,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥62,720,000. For directors, approval has been obtained for monetary compensation claims of up to ¥100 million per year in total and the delivery of up to 100,000 shares per year in total.
発行済株式総数
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 10 July 2026 until the date on which the recipient ceases to hold the position of director, Audit & Supervisory Board member, executive officer, director, counselor, adviser, or any other equivalent position at the Company or one of its subsidiaries.
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds the position of director, Audit & Supervisory Board member, executive officer, director, counselor, adviser, or any other equivalent position at the Company or one of its subsidiaries throughout the restriction period, all of the allocated shares held at the end of the restriction period will have their transfer restrictions lifted. If the date of lifting the restrictions falls within 3 months after the end of a fiscal year, the restrictions will be lifted after 3 months have elapsed from the end of that fiscal year.
Reason for acquisition without consideration
The Company will acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the restriction period, as well as the prescribed shares if an event resulting in acquisition without consideration specified in the allocation agreement occurs during the restriction period.
Categories and Number of Persons Covered
4 directors (excluding outside directors): 52,000 shares; 13 executive officers: 18,000 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restrictions will be lifted at the end of the restriction period if certain conditions are met.
Payment date
10 July 2026
Basis for determining the amount to be paid
The closing price on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate was stated.
Impact on Business Performance
No information is provided regarding the impact on financial results
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 70,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥896 per share |
| Total issue value | ¥62,720,000 |
| Amount of funds to be raised | Total payment amount: ¥62,720,000; estimated net proceeds: Not disclosed |
| Payment date | 10 July 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 52,000 shares, Name 13 executive officers / Number of Shares 18,000 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restrictions will be lifted at the end of the restriction period if certain conditions are met. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate was stated. |
| Transfer restriction period | From 10 July 2026 until the date on which the recipient ceases to hold the position of director, Audit & Supervisory Board member, executive officer, director, counselor, adviser, or any other equivalent position at the Company or one of its subsidiaries. |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds the position of director, Audit & Supervisory Board member, executive officer, director, counselor, adviser, or any other equivalent position at the Company or one of its subsidiaries throughout the restriction period, all of the allocated shares held at the end of the restriction period will have their transfer restrictions lifted. If the date of lifting the restrictions falls within 3 months after the end of a fiscal year, the restrictions will be lifted after 3 months have elapsed from the end of that fiscal year. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the restriction period, as well as the prescribed shares if an event resulting in acquisition without consideration specified in the allocation agreement occurs during the restriction period. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors): 52,000 shares; 13 executive officers: 18,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥62,720,000. For directors, approval has been obtained for monetary compensation claims of up to ¥100 million per year in total and the delivery of up to 100,000 shares per year in total. |
| Impact on Business Performance | No information is provided regarding the impact on financial results |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures 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 incentives for the sustainable enhancement of corporate value and promote value sharing with shareholders, taking into consideration the Company's performance, the scope of the recipients' responsibilities, and other relevant circumstances.
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.