Worth reading
42Recurring
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
150000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much150,000Shares
Treasury shares: 150,000 shares
5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors)150,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥955 per share
Amount of funds to be raised
Total payment amount: ¥143,250,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration receivables: ¥143,250,000. The total annual amount of monetary remuneration receivables related to share-based compensation is capped at ¥300 million.
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 20 August 2026 until the date on which the eligible recipient leaves the position of director, executive officer or employee of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of director, executive officer or employee of the Company until the date of the first annual general meeting of shareholders held after 20 August 2026. If the recipient leaves office or employment for a valid reason, the restrictions will be released on the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month including the date of departure, divided by 12. Separate release conditions apply in the event of a corporate reorganization or similar transaction.
Reason for acquisition without consideration
If, before the day preceding the date of the first annual general meeting of shareholders to be held, the recipient leaves the position of director, executive officer or employee without a valid reason. If any shares remain subject to the transfer restrictions when the transfer restriction period expires. If any shares remain subject to the transfer restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
5 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 150,000 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The shares will be held and maintained in a designated account at Nomura Securities Co., Ltd. until the transfer restrictions are released.
Payment date
20 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 17 July 2026, ¥955. Discount rate/premium rate: 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 | Treasury shares: 150,000 shares |
| Issue price and disposal price | ¥955 per share |
| Amount of funds to be raised | Total payment amount: ¥143,250,000; estimated net proceeds: Not disclosed |
| Payment date | 20 August 2026 |
| Intended allottee | Name 5 directors of the company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 150,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The shares will be held and maintained in a designated account at Nomura Securities Co., Ltd. until the transfer restrictions are released. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 17 July 2026, ¥955. Discount rate/premium rate: Not disclosed. |
| Transfer restriction period | From 20 August 2026 until the date on which the eligible recipient leaves the position of director, executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, executive officer or employee of the Company until the date of the first annual general meeting of shareholders held after 20 August 2026. If the recipient leaves office or employment for a valid reason, the restrictions will be released on the number of shares calculated by multiplying the number of shares held by the number of months from July 2026 through the month including the date of departure, divided by 12. Separate release conditions apply in the event of a corporate reorganization or similar transaction. |
| Reason for acquisition without consideration | If, before the day preceding the date of the first annual general meeting of shareholders to be held, the recipient leaves the position of director, executive officer or employee without a valid reason. If any shares remain subject to the transfer restrictions when the transfer restriction period expires. If any shares remain subject to the transfer restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 150,000 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥143,250,000. The total annual amount of monetary remuneration receivables related to share-based compensation is capped at ¥300 million. |
Items this document does not state (15)
Total issue valueEstimated 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 enable the eligible directors to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to share price appreciation and the enhancement of 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.