Worth reading
43Recurring
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
67000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much67,000Shares
67,000 shares of the Company's common stock (treasury stock)
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)2 / 21,600 shares
The Company's executive officers (excluding those concurrently serving as directors, including executive officers serving under an entrustment-based arrangement)3 / 5,600 shares
Directors of subsidiaries of the Company11 / 33,800 shares
Executive officers of the Company's subsidiaries (excluding those concurrently serving as directors, including executive officers serving under an entrustment-based arrangement)3 / 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.
¥823 per share
Total issue value
¥55,141,000
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
10 August 2026 to 9 August 2056 (30 years)
Conditions for lifting transfer restrictions
Depending on the recipient's category, the recipient must continuously remain in the position of director, executive officer or employee of the Company or the Company's group. Directors of the Company must remain in office until the date of the first annual general meeting of shareholders of the Company to be held thereafter; directors of the Company's group must remain in office until the date of the first annual general meeting of shareholders of the relevant group to be held thereafter; executive officers of the Company must remain in office until the last day of the Company's fiscal year; and executive officers of the Company's group must remain in office until the last day of the relevant group's fiscal year. If the recipient retires from office or employment for a legitimate reason, the number of shares for which the transfer restrictions are lifted will be reasonably determined based on the number of months in office or employment.
Reason for acquisition without consideration
If any shares remain subject to transfer restrictions at the end of the transfer restriction period, or if the recipient retires from office or employment as an officer or employee of the Company's group without a legitimate reason before the prescribed date of the annual general meeting of shareholders or the last day of the fiscal year, the Company will acquire all or part of those shares without consideration. If the recipient retires from office or employment due to a corporate reorganization, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted.
Stock Split Ratio2 shares for each share, effective 1 April 2026
Categories and Number of Persons Covered
2 Company directors: 21,600 shares; 3 Company executive officers: 5,600 shares; 11 directors of the Company's subsidiaries: 33,800 shares; 3 executive officers of the Company's subsidiaries: 6,000 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the allocated shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. During the transfer restriction period, the shares may not be transferred to third parties, pledged or otherwise disposed of in any way.
Payment date
10 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 15 July 2026 was ¥823. No discount or premium applies.
Impact on Business Performance
No impact on financial results from this disposal of treasury shares 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 | 67,000 shares of the Company's common stock (treasury stock) |
| Issue price and disposal price | ¥823 per share |
| Total issue value | ¥55,141,000 |
| Payment date | 10 August 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of Shares 21,600 shares, Category The Company's executive officers (excluding those concurrently serving as directors, including executive officers serving under an entrustment-based arrangement) / Number of Employees 3 / Number of Shares 5,600 shares, Category Directors of subsidiaries of the Company / Number of Employees 11 / Number of Shares 33,800 shares, Category Executive officers of the Company's subsidiaries (excluding those concurrently serving as directors, including executive officers serving under an entrustment-based arrangement) / Number of Employees 3 / Number of Shares 6,000 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the allocated shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. During the transfer restriction period, the shares may not be transferred to third parties, pledged or otherwise disposed of in any way. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 15 July 2026 was ¥823. No discount or premium applies. |
| Transfer restriction period | 10 August 2026 to 9 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | Depending on the recipient's category, the recipient must continuously remain in the position of director, executive officer or employee of the Company or the Company's group. Directors of the Company must remain in office until the date of the first annual general meeting of shareholders of the Company to be held thereafter; directors of the Company's group must remain in office until the date of the first annual general meeting of shareholders of the relevant group to be held thereafter; executive officers of the Company must remain in office until the last day of the Company's fiscal year; and executive officers of the Company's group must remain in office until the last day of the relevant group's fiscal year. If the recipient retires from office or employment for a legitimate reason, the number of shares for which the transfer restrictions are lifted will be reasonably determined based on the number of months in office or employment. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions at the end of the transfer restriction period, or if the recipient retires from office or employment as an officer or employee of the Company's group without a legitimate reason before the prescribed date of the annual general meeting of shareholders or the last day of the fiscal year, the Company will acquire all or part of those shares without consideration. If the recipient retires from office or employment due to a corporate reorganization, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 2 Company directors: 21,600 shares; 3 Company executive officers: 5,600 shares; 11 directors of the Company's subsidiaries: 33,800 shares; 3 executive officers of the Company's subsidiaries: 6,000 shares |
| Stock Split Ratio | 2 shares for each share, effective 1 April 2026 |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTotal Stock-Based CompensationUnderwriter / 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 a medium- to long-term incentive and further promote the sharing of shareholder 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.