Worth reading
44Recurring
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
28100
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares under a post-delivery performance-linked share compensation plan
Who receives how much28,100Shares
28,100 common shares of the Company (treasury shares)
The Company's directors (excluding directors who are Audit & Supervisory Committee Members)3 / 4,900 shares
Directors of the Company's subsidiaries (excluding outside directors)18 / 23,200 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.
¥6,980 per share
Total issue value
¥196,138,000
Amount of funds to be raised
Total payment amount: ¥196,138,000; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables from the eligible recipients)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥196,138,000. The compensation limit is ¥60 million per year, with up to ¥180 million cumulatively over 3 years payable in a lump sum.
発行済株式総数
Less than 25% (specific ratio: Not disclosed)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Categories and Number of Persons Covered
Category The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 3 / Number of allocated shares 4,900 shares, Category Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 18 / Number of allocated shares 23,200 shares
Payment date
25 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 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥6,980. No discount or premium rate is disclosed.
Procedures under the Corporate Code of Conduct
Because the dilution ratio is less than 25% and the transaction will not result in a change in the controlling shareholder, neither an opinion from an independent third party nor a shareholder approval procedure is required under Article 432 of the Tokyo Stock Exchange Listing Regulations. The Audit and Supervisory Committee expressed the opinion that the disposal price, being the closing price on the preceding business day, is lawful and does not constitute a particularly favorable price.
Impact on Business Performance
The specific amount and percentage impact on performance are Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares under a post-delivery performance-linked share compensation plan |
| Number of shares to be issued or disposed of | 28,100 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥6,980 per share |
| Total issue value | ¥196,138,000 |
| Amount of funds to be raised | Total payment amount: ¥196,138,000; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables from the eligible recipients) |
| Payment date | 25 August 2026 |
| Intended allottee | Name The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 3 / Number of Shares 4,900 shares, Name Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 18 / Number of Shares 23,200 shares |
| Dilution Rate | Less than 25% (specific ratio: Not disclosed) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥6,980. No discount or premium rate is disclosed. |
| Categories and Number of Persons Covered | Category The Company's directors (excluding directors who are Audit & Supervisory Committee Members) / Number of Employees 3 / Number of allocated shares 4,900 shares, Category Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 18 / Number of allocated shares 23,200 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥196,138,000. The compensation limit is ¥60 million per year, with up to ¥180 million cumulatively over 3 years payable in a lump sum. |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is less than 25% and the transaction will not result in a change in the controlling shareholder, neither an opinion from an independent third party nor a shareholder approval procedure is required under Article 432 of the Tokyo Stock Exchange Listing Regulations. The Audit and Supervisory Committee expressed the opinion that the disposal price, being the closing price on the preceding business day, is lawful and does not constitute a particularly favorable price. |
| Impact on Business Performance | The specific amount and percentage impact on performance are Not disclosed |
Items this document does not state (15)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 provide incentives for the sustainable enhancement of corporate value and promote value sharing with shareholders. The share compensation will also be granted based on the degree of achievement of performance targets and other factors during the evaluation period.
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.