Worth reading
48Recurring
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
28800
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much28,800Shares
28,800 shares of the Company's common stock (treasury shares)
5 of the Company's directors (excluding Outside Directors)23,000 shares
3 executive officers of the Company3,300 shares
1 of the Company's Audit & Supervisory Board Members2,500 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.
¥386 per share
Total issue value
¥11,116,800
Amount of funds to be raised
Total payment amount: ¥11,116,800. Approximate net proceeds: Not disclosed
Total Stock-Based Compensation
¥11,116,800 in monetary compensation receivables
発行済株式総数
No increase, as this is a disposal of treasury shares
As this is a disposal of treasury shares and does not increase the total number of issued shares, the dilution rate is Not disclosed
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 until the date on which the eligible officer ceases to hold any position as a director, employee (including executive officers) or Audit & Supervisory Board Member of the Company
Conditions for lifting transfer restrictions
Provided that the eligible officer continuously holds any position as a director, employee (including an executive officer) or Audit & Supervisory Board Member of the Company from 24 July 2026 through 1 July 2027, all of the allocated shares will be released from the transfer restrictions on the expiration date of the transfer restriction period. If the eligible officer ceases to hold the position due to expiration of the term of office, death or any other reason deemed legitimate by the Board of Directors, the restrictions will be released for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any allocated shares that remain subject to transfer restrictions when the transfer restriction period expires.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 23,000 shares, Category Executive officers / Number of Employees 3 / Number of allocated shares 3,300 shares, Category Statutory Auditors / Number of Employees 1 / Number of allocated shares 2,500 shares
Intended allottee's holding policy
From 24 July 2026 until the date on which the eligible officer ceases to hold any position as a director, employee (including executive officers) or Audit & Supervisory Board Member of the Company, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥386. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
At the 65th Annual General Meeting of Shareholders held on 29 June 2022, approval was obtained for the monetary compensation receivables to be granted as restricted stock and the maximum number of shares. This disposal is based on a resolution of the Board of Directors and consultation among the Audit & Supervisory Board Members.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 28,800 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥386 per share |
| Total issue value | ¥11,116,800 |
| Amount of funds to be raised | Total payment amount: ¥11,116,800. Approximate net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category 5 of the Company's directors (excluding Outside Directors) / Number of Shares 23,000 shares, Category 3 executive officers of the Company / Number of Shares 3,300 shares, Category 1 of the Company's Audit & Supervisory Board Members / Number of Shares 2,500 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which the eligible officer ceases to hold any position as a director, employee (including executive officers) or Audit & Supervisory Board Member of the Company, the shares may not be transferred, pledged or otherwise disposed of. |
| Dilution Rate | As this is a disposal of treasury shares and does not increase the total number of issued shares, the dilution rate is Not disclosed |
| Total number of issued shares | No increase, as this is a disposal of treasury shares |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥386. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 until the date on which the eligible officer ceases to hold any position as a director, employee (including executive officers) or Audit & Supervisory Board Member of the Company |
| Conditions for lifting transfer restrictions | Provided that the eligible officer continuously holds any position as a director, employee (including an executive officer) or Audit & Supervisory Board Member of the Company from 24 July 2026 through 1 July 2027, all of the allocated shares will be released from the transfer restrictions on the expiration date of the transfer restriction period. If the eligible officer ceases to hold the position due to expiration of the term of office, death or any other reason deemed legitimate by the Board of Directors, the restrictions will be released for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares that remain subject to transfer restrictions when the transfer restriction period expires. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 23,000 shares, Category Executive officers / Number of Employees 3 / Number of allocated shares 3,300 shares, Category Statutory Auditors / Number of Employees 1 / Number of allocated shares 2,500 shares |
| Total Stock-Based Compensation | ¥11,116,800 in monetary compensation receivables |
| Procedures under the Corporate Code of Conduct | At the 65th Annual General Meeting of Shareholders held on 29 June 2022, approval was obtained for the monetary compensation receivables to be granted as restricted stock and the maximum number of shares. This disposal is based on a resolution of the Board of Directors and consultation among the Audit & Supervisory Board Members. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 incentives for the sustainable enhancement of corporate value and further align the interests of the recipients with those of 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.