Worth reading
47Recurring
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
11837
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares by allocating specified restricted stock
Who receives how much11,837Shares
11,837 common shares (treasury shares)
3 directors (excluding outside directors and directors who are Audit and Supervisory Committee members)7,972 shares
7 executive officers3,865 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.
¥1,776 per share
Total issue value
¥21,022,512
Amount of funds to be raised
Total amount to be paid: ¥21,022,512. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥21,022,512
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
For the recipient directors, from 21 August 2026 until the date on which they cease to hold their positions as directors of the company. For the recipient executive officers, from 21 August 2026 until the date on which they cease to hold their positions as executive officers and employees of the company.
Conditions for lifting transfer restrictions
Subject to the recipient having held the prescribed position throughout the service period, all of the allocated shares will be released from the transfer restrictions on the expiration date of the restriction period. If the recipient ceases to hold the position due to the expiration of the term of office, death or another reason deemed valid by the Board of Directors, the number of shares released will correspond to the number of months in office or employment.
Reason for acquisition without consideration
The company will automatically acquire without consideration any shares that remain subject to transfer restrictions when the restriction period expires or at another time specified in the allocation agreement.
Categories and Number of Persons Covered
Category Directors (excluding outside directors and directors serving as Audit and Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 7,972 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 3,865 shares
Intended allottee's holding policy
The recipient directors may not transfer, create security interests over or otherwise dispose of the shares until the date on which they cease to hold their positions as directors. The recipient executive officers may not do so until the date on which they cease to hold their positions as executive officers and employees.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on 22 July 2026, the business day preceding the date of the Board of Directors' resolution. The discount and premium rates are both 0%.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares by allocating specified restricted stock |
| Number of shares to be issued or disposed of | 11,837 common shares (treasury shares) |
| Issue price and disposal price | ¥1,776 per share |
| Total issue value | ¥21,022,512 |
| Amount of funds to be raised | Total amount to be paid: ¥21,022,512. Estimated net proceeds: Not disclosed |
| Payment date | 21 August 2026 |
| Intended allottee | Category 3 directors (excluding outside directors and directors who are Audit and Supervisory Committee members) / Number of Shares 7,972 shares, Category 7 executive officers / Number of Shares 3,865 shares |
| Intended allottee's holding policy | The recipient directors may not transfer, create security interests over or otherwise dispose of the shares until the date on which they cease to hold their positions as directors. The recipient executive officers may not do so until the date on which they cease to hold their positions as executive officers and employees. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 22 July 2026, the business day preceding the date of the Board of Directors' resolution. The discount and premium rates are both 0%. |
| Transfer restriction period | For the recipient directors, from 21 August 2026 until the date on which they cease to hold their positions as directors of the company. For the recipient executive officers, from 21 August 2026 until the date on which they cease to hold their positions as executive officers and employees of the company. |
| Conditions for lifting transfer restrictions | Subject to the recipient having held the prescribed position throughout the service period, all of the allocated shares will be released from the transfer restrictions on the expiration date of the restriction period. If the recipient ceases to hold the position due to the expiration of the term of office, death or another reason deemed valid by the Board of Directors, the number of shares released will correspond to the number of months in office or employment. |
| Reason for acquisition without consideration | The company will automatically acquire without consideration any shares that remain subject to transfer restrictions when the restriction period expires or at another time specified in the allocation agreement. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors and directors serving as Audit and Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 7,972 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 3,865 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥21,022,512 |
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 an incentive for the sustained improvement of corporate and shareholder value over the medium to long term and to further promote value sharing with shareholders. The company also considered the purpose of this plan, its business performance, the scope of each recipient's responsibilities and other relevant circumstances.
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.