Worth reading
40Recurring
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
15700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much15,700Shares
15,700 common shares of the Company (treasury shares)
20 executive officers of the Company15,700 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥4,935 per share
Total issue value
¥77,479,500
Total Stock-Based Compensation
Total monetary compensation receivables: ¥77,479,500
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
11 May 2026 to 10 May 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that the recipient remains in either the position of director or executive officer of the Company continuously from 11 May 2026 until the start date of the first fiscal year commencing thereafter, all of the shares held by the recipient will be released from the restrictions upon expiry of the restricted period. If the recipient leaves the position for a justifiable reason, the restrictions will be released in proportion to the number of months in office.
Reason for acquisition without consideration
If the recipient leaves both the position of director and the position of executive officer before the final day of the first fiscal year commencing thereafter, except where the Board of Directors recognizes a justifiable reason. This also applies to shares for which the transfer restrictions have not been lifted as of the expiry of the restricted period, and shares for which the restrictions have not been lifted as of the business day preceding the effective date of a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
20 executive officers of the Company, 15,700 shares
Intended allottee's holding policy
During the restricted period, the recipients may not transfer the shares to any third party, create a pledge or security interest over them, make a lifetime gift or bequest, or otherwise dispose of them in any manner. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
Payment date
11 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 April 2026, ¥4,935. No discount or premium is stated.
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 | 15,700 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥4,935 per share |
| Total issue value | ¥77,479,500 |
| Payment date | 11 May 2026 |
| Intended allottee | Name 20 executive officers of the Company / Number of Shares 15,700 shares |
| Intended allottee's holding policy | During the restricted period, the recipients may not transfer the shares to any third party, create a pledge or security interest over them, make a lifetime gift or bequest, or otherwise dispose of them in any manner. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 April 2026, ¥4,935. No discount or premium is stated. |
| Transfer restriction period | 11 May 2026 to 10 May 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient remains in either the position of director or executive officer of the Company continuously from 11 May 2026 until the start date of the first fiscal year commencing thereafter, all of the shares held by the recipient will be released from the restrictions upon expiry of the restricted period. If the recipient leaves the position for a justifiable reason, the restrictions will be released in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the recipient leaves both the position of director and the position of executive officer before the final day of the first fiscal year commencing thereafter, except where the Board of Directors recognizes a justifiable reason. This also applies to shares for which the transfer restrictions have not been lifted as of the expiry of the restricted period, and shares for which the restrictions have not been lifted as of the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 20 executive officers of the Company, 15,700 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥77,479,500 |
| 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 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 promote ownership of the Company's shares, share the benefits and risks of share-price fluctuations with shareholders, and increase recipients' motivation to contribute to an increase in the share price and 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.