Worth reading
50Recurring
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
77005
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much77,005Shares
77,005 common shares of the Company (treasury shares)
7 directors (excluding directors who concurrently serve as executive officers of the Company)13,922 shares
2 executive officers (who concurrently serve as directors of the Company)21,100 shares
10 executive officers41,983 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.
¥835.9 per share
Total issue value
¥64,370,980
Amount of funds to be raised
Total payment amount: ¥64,370,980. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary compensation receivables: ¥64,370,980
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 15 April 2026 through 14 April 2076 (50 years)
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds one of the following positions during the transfer restriction period: director, audit & supervisory board member, executive officer, corporate officer or employee of the Company or one of its subsidiaries, all of the allocated shares will be released from the transfer restrictions on the expiration date of the transfer restriction period. In the event of retirement or resignation due to expiration of the term of office, death or another legitimate reason, the transfer restrictions will be lifted for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
At the end of the transfer restriction period, or immediately after the lifting of the transfer restrictions, the Company will acquire without consideration any allocated shares that remain subject to transfer restrictions.
Categories and Number of Persons Covered
7 directors: 13,922 shares; 2 executive officers: 21,100 shares; 10 corporate officers: 41,983 shares
Intended allottee's holding policy
The shares may not be transferred, pledged as collateral or otherwise disposed of from 15 April 2026 through 14 April 2076. At the end of the transfer restriction period, the transfer restrictions will be lifted if the prescribed conditions are met.
Payment date
15 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 26 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥835.9. 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 | 77,005 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥835.9 per share |
| Total issue value | ¥64,370,980 |
| Amount of funds to be raised | Total payment amount: ¥64,370,980. Estimated net proceeds: Not disclosed |
| Payment date | 15 April 2026 |
| Intended allottee | Name 7 directors (excluding directors who concurrently serve as executive officers of the Company) / Number of Shares 13,922 shares, Name 2 executive officers (who concurrently serve as directors of the Company) / Number of Shares 21,100 shares, Name 10 executive officers / Number of Shares 41,983 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged as collateral or otherwise disposed of from 15 April 2026 through 14 April 2076. At the end of the transfer restriction period, the transfer restrictions will be lifted if the prescribed conditions are met. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 26 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥835.9. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From 15 April 2026 through 14 April 2076 (50 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the following positions during the transfer restriction period: director, audit & supervisory board member, executive officer, corporate officer or employee of the Company or one of its subsidiaries, all of the allocated shares will be released from the transfer restrictions on the expiration date of the transfer restriction period. In the event of retirement or resignation due to expiration of the term of office, death or another legitimate reason, the transfer restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, or immediately after the lifting of the transfer restrictions, the Company will acquire without consideration any allocated shares that remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | 7 directors: 13,922 shares; 2 executive officers: 21,100 shares; 10 corporate officers: 41,983 shares |
| Total Stock-Based Compensation | Monetary compensation receivables: ¥64,370,980 |
Items this document does not state (14)
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 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 directors and corporate officers with incentives to achieve sustained improvement in 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.