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
10000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much
10,000 common shares of the Company (4,000 shares for 4 directors and 6,000 shares for 6 executive officers)
4 directors of the Company (excluding outside directors)4,000 shares
6 executive officers of the Company6,000 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.
¥1,491 per share
Total issue value
¥14,910,000
Amount of funds to be raised
Total payment amount: ¥14,910,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥14,910,000 (¥5,964,000 for directors and ¥8,946,000 for executive officers). The annual compensation limit for directors is ¥30 million or less.
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 24 July 2026, the payment date, until the date on which the eligible director ceases to hold the position of director of the Company. Substantially the same applies to executive officers.
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted when the restriction period expires, provided that the eligible director continuously holds the position of director from 24 July 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the director ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or another time specified in the agreement, the Company will acquire without consideration any shares allotted under this issue that remain subject to the transfer restrictions.
Categories and Number of Persons Covered
4 directors, excluding outside directors, and 4,000 shares; 6 executive officers and 6,000 shares
Intended allottee's holding policy
From 24 July 2026 until the date on which the eligible director ceases to hold the position of director of the Company, transfers, the creation of security interests and other dispositions will be prohibited. The Company will enter into substantially similar agreements with the executive officers.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, the business day before the date of the Board of Directors' resolution, was ¥1,491. No discount or premium is stated.
Impact on Business Performance
No disclosure has been made regarding the impact on financial results: 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 | 10,000 common shares of the Company (4,000 shares for 4 directors and 6,000 shares for 6 executive officers) |
| Issue price and disposal price | ¥1,491 per share |
| Total issue value | ¥14,910,000 |
| Amount of funds to be raised | Total payment amount: ¥14,910,000; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name 4 directors of the Company (excluding outside directors) / Number of Shares 4,000 shares, Name 6 executive officers of the Company / Number of Shares 6,000 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which the eligible director ceases to hold the position of director of the Company, transfers, the creation of security interests and other dispositions will be prohibited. The Company will enter into substantially similar agreements with the executive officers. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, the business day before the date of the Board of Directors' resolution, was ¥1,491. No discount or premium is stated. |
| Transfer restriction period | From 24 July 2026, the payment date, until the date on which the eligible director ceases to hold the position of director of the Company. Substantially the same applies to executive officers. |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted when the restriction period expires, provided that the eligible director continuously holds the position of director from 24 July 2026 through the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027. If the director ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or another time specified in the agreement, the Company will acquire without consideration any shares allotted under this issue that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors, and 4,000 shares; 6 executive officers and 6,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥14,910,000 (¥5,964,000 for directors and ¥8,946,000 for executive officers). The annual compensation limit for directors is ¥30 million or less. |
| Impact on Business Performance | No disclosure has been made regarding the impact on financial results: Not disclosed |
Items this document does not state (13)
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 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 sustained enhancement of the Company's Group's corporate value and shareholder value over the medium to long term, and to 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.