Worth reading
42Recurring
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
20640
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much20,640Shares
20,640 treasury shares
2 directors (excluding directors who are Audit & Supervisory Committee Members)9,440 shares
7 executive officers11,200 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.
¥2,872 per share
Total issue value
¥59,278,080
Total Stock-Based Compensation
Total monetary compensation claims of ¥59,278,080 (annual limit of ¥120 million for directors)
発行済株式総数
The total number of shares issued will not increase because this is solely a disposal of treasury shares.
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
10 July 2026 to 9 July 2056 (30 years)
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as either a director or an executive officer of the Company throughout the transfer restriction period. In the event of retirement upon expiration of the term of office, mandatory retirement or other legitimate grounds, or death, the restrictions will be lifted immediately after the retirement or other event. The number of shares subject to release will be calculated based on the period of service.
Reason for acquisition without consideration
The Company will acquire without consideration any of the allocated shares for which the transfer restrictions are not lifted. The Company will also acquire the shares without consideration if the recipient holds a position as a director or executive officer immediately before the end of the transfer restriction period.
Categories and Number of Persons Covered
2 directors (excluding directors who are Audit & Supervisory Committee Members), 9,440 shares; 7 executive officers, 11,200 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The Company will acquire without consideration any shares for which the transfer restrictions are not lifted.
Payment date
10 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,872. No discount or premium was stated.
Impact on Business Performance
No impact on performance from this disposal of treasury shares 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 | 20,640 treasury shares |
| Issue price and disposal price | ¥2,872 per share |
| Total issue value | ¥59,278,080 |
| Payment date | 10 July 2026 |
| Intended allottee | Category 2 directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Shares 9,440 shares, Category 7 executive officers / Number of Shares 11,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The Company will acquire without consideration any shares for which the transfer restrictions are not lifted. |
| Total number of issued shares | The total number of shares issued will not increase because this is solely a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,872. No discount or premium was stated. |
| Transfer restriction period | 10 July 2026 to 9 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as either a director or an executive officer of the Company throughout the transfer restriction period. In the event of retirement upon expiration of the term of office, mandatory retirement or other legitimate grounds, or death, the restrictions will be lifted immediately after the retirement or other event. The number of shares subject to release will be calculated based on the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the allocated shares for which the transfer restrictions are not lifted. The Company will also acquire the shares without consideration if the recipient holds a position as a director or executive officer immediately before the end of the transfer restriction period. |
| Categories and Number of Persons Covered | 2 directors (excluding directors who are Audit & Supervisory Committee Members), 9,440 shares; 7 executive officers, 11,200 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥59,278,080 (annual limit of ¥120 million for directors) |
| Impact on Business Performance | No impact on performance from this disposal of treasury shares was stated |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise 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 further sharing of value with shareholders and clarify the incentives for sustainably increasing corporate value, as well as to further enhance the motivation of each executive director and other officers and promote greater 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.
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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.