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
5000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much5,000Shares
5,000 shares of the Company's common stock (treasury shares)
4 directors (excluding outside directors)3,600 shares
5 executive officers who do not concurrently serve as directors1,400 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.
¥3,460 per share
Total issue value
¥17,300,000
Amount of funds to be raised
Total payment amount: ¥17,300,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary receivables: ¥17,300,000
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 21 August 2026 through 20 August 2056 (30 years)
Conditions for lifting transfer restrictions
The eligible directors and others must remain continuously in an eligible position at the Company or one of its subsidiaries during the transfer restriction period, and the transfer restriction period must expire. If an eligible director or other person leaves office or employment upon expiration of the term of office, reaching mandatory retirement age, death or for another legitimate reason, the transfer restriction will be lifted immediately after the departure with respect to the number of shares corresponding to the period of service.
Reason for acquisition without consideration
The Company will acquire without consideration any shares for which the transfer restriction has not been lifted when the transfer restriction period expires or when the holder leaves office or employment. The Company will also acquire without consideration any shares whose transfer restriction remains in place if an eligible director or other person engages in misconduct or falls under any other specified circumstances.
Categories and Number of Persons Covered
4 directors (excluding outside directors): 3,600 shares; 5 executive officers who do not concurrently serve as directors: 1,400 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to third parties, pledged as collateral or otherwise disposed of in any manner. The transfer restriction period will run from 21 August 2026 through 20 August 2056.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 23 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,460. No discount or premium was stated.
Impact on Business Performance
No impact on business performance was 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 | 5,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,460 per share |
| Total issue value | ¥17,300,000 |
| Amount of funds to be raised | Total payment amount: ¥17,300,000; estimated net proceeds: Not disclosed |
| Payment date | 21 August 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 3,600 shares, Name 5 executive officers who do not concurrently serve as directors / Number of Shares 1,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged as collateral or otherwise disposed of in any manner. The transfer restriction period will run from 21 August 2026 through 20 August 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 23 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,460. No discount or premium was stated. |
| Transfer restriction period | From 21 August 2026 through 20 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | The eligible directors and others must remain continuously in an eligible position at the Company or one of its subsidiaries during the transfer restriction period, and the transfer restriction period must expire. If an eligible director or other person leaves office or employment upon expiration of the term of office, reaching mandatory retirement age, death or for another legitimate reason, the transfer restriction will be lifted immediately after the departure with respect to the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares for which the transfer restriction has not been lifted when the transfer restriction period expires or when the holder leaves office or employment. The Company will also acquire without consideration any shares whose transfer restriction remains in place if an eligible director or other person engages in misconduct or falls under any other specified circumstances. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors): 3,600 shares; 5 executive officers who do not concurrently serve as directors: 1,400 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥17,300,000 |
| Impact on Business Performance | No impact on business performance was stated |
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 further enhance the motivation of the eligible directors and others, achieve sustained growth in corporate value, and share 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.