Worth reading
47Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
20
¥ million (annual maximum total compensation)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance or disposal of common shares as restricted stock compensation
発行・処分する株式数10,000Shares
Up to 10,000 shares per year
Intended allottee
Eligible directors (excluding outside directors). The Company also plans to introduce a similar plan for directors and other officers of its subsidiaries.
Total Stock-Based Compensation
Up to ¥20 million per year (excluding the employee portion of salaries paid to directors who concurrently serve as employees)
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
A specified period (number of years, start date and end date: Not disclosed)
Reason for acquisition without consideration
The Company will acquire these shares without consideration if certain events occur.
Categories and Number of Persons Covered
Eligible directors (excluding outside directors): number of people and number of shares allocated: Not disclosed. A similar plan is also expected to be introduced for executive officers and directors and executive officers of subsidiaries: number of people and number of shares allocated: Not disclosed.
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, creation of security interests and any other disposition will be prohibited, and the shares are expected to be managed in a dedicated account.
Basis for determining the amount to be paid
The Board of Directors will determine the amount based on the closing price of the Company's common shares on the Tokyo Stock Exchange on the business day preceding each Board resolution date, within a range that does not result in an amount particularly favorable to the eligible directors.
Procedures under the Corporate Code of Conduct
The proposal will be submitted for approval at the 79th Annual General Meeting of Shareholders, scheduled for 26 June 2026, as a condition to implementation.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance or disposal of common shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Up to 10,000 shares per year |
| Intended allottee | Eligible directors (excluding outside directors). The Company also plans to introduce a similar plan for directors and other officers of its subsidiaries. |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, creation of security interests and any other disposition will be prohibited, and the shares are expected to be managed in a dedicated account. |
| Basis for determining the amount to be paid | The Board of Directors will determine the amount based on the closing price of the Company's common shares on the Tokyo Stock Exchange on the business day preceding each Board resolution date, within a range that does not result in an amount particularly favorable to the eligible directors. |
| Transfer restriction period | A specified period (number of years, start date and end date: Not disclosed) |
| Reason for acquisition without consideration | The Company will acquire these shares without consideration if certain events occur. |
| Categories and Number of Persons Covered | Eligible directors (excluding outside directors): number of people and number of shares allocated: Not disclosed. A similar plan is also expected to be introduced for executive officers and directors and executive officers of subsidiaries: number of people and number of shares allocated: Not disclosed. |
| Total Stock-Based Compensation | Up to ¥20 million per year (excluding the employee portion of salaries paid to directors who concurrently serve as employees) |
| Procedures under the Corporate Code of Conduct | The proposal will be submitted for approval at the 79th Annual General Meeting of Shareholders, scheduled for 26 June 2026, as a condition to implementation. |
Items this document does not state (18)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsUnderwriter / 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 an incentive to achieve sustained growth in corporate value and further promote value sharing 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.