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
366220
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much366,220Shares
366,220 shares of the Company's common stock (treasury shares)
Managing executive officers of the Company6 / 15,600 shares
The Company's executive officers12 / 15,120 shares
The Company's general managers (employees)49 / 36,750 shares
The Company's senior managers (employees)143 / 71,500 shares
The Company's general employees909 / 227,250 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.
¥1,194 per share
Total issue value
¥437,266,680
Total Stock-Based Compensation
Total monetary compensation receivables: ¥437,266,680
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 12 January 2027 to 11 January 2030
Conditions for lifting transfer restrictions
Provided that the holder continuously remains a director, executive officer or employee of the Company or one of its subsidiaries throughout the restriction period, all of the shares will be released from the restrictions upon expiration of the period. In the event of mandatory retirement or death, the number of shares released and the timing of release will be reasonably adjusted.
Reason for acquisition without consideration
If, during the restriction period, the holder leaves office or employment before the end of the period for any reason other than mandatory retirement or death, the Company will acquire all of the holder's shares without consideration. The Company will also acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the period.
Categories and Number of Persons Covered
Category Managing executive officers of the Company / Number of Employees 6 / Number of allocated shares 15,600 shares, Category The Company's executive officers / Number of Employees 12 / Number of allocated shares 15,120 shares, Category The Company's general managers (employees) / Number of Employees 49 / Number of allocated shares 36,750 shares, Category The Company's senior managers (employees) / Number of Employees 143 / Number of allocated shares 71,500 shares, Category The Company's general employees / Number of Employees 909 / Number of allocated shares 227,250 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, used to create a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way. The holding policy after the restrictions are lifted is Not disclosed.
Payment date
12 January 2027
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 18 August 2026, ¥1,194. No discount or premium rate is 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 | 366,220 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,194 per share |
| Total issue value | ¥437,266,680 |
| Payment date | 12 January 2027 |
| Intended allottee | Name Managing executive officers of the Company / Number of Employees 6 / Number of Shares 15,600 shares, Name The Company's executive officers / Number of Employees 12 / Number of Shares 15,120 shares, Name The Company's general managers (employees) / Number of Employees 49 / Number of Shares 36,750 shares, Name The Company's senior managers (employees) / Number of Employees 143 / Number of Shares 71,500 shares, Name The Company's general employees / Number of Employees 909 / Number of Shares 227,250 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, used to create a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any way. The holding policy after the restrictions are lifted is Not disclosed. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 18 August 2026, ¥1,194. No discount or premium rate is stated. |
| Transfer restriction period | From 12 January 2027 to 11 January 2030 |
| Conditions for lifting transfer restrictions | Provided that the holder continuously remains a director, executive officer or employee of the Company or one of its subsidiaries throughout the restriction period, all of the shares will be released from the restrictions upon expiration of the period. In the event of mandatory retirement or death, the number of shares released and the timing of release will be reasonably adjusted. |
| Reason for acquisition without consideration | If, during the restriction period, the holder leaves office or employment before the end of the period for any reason other than mandatory retirement or death, the Company will acquire all of the holder's shares without consideration. The Company will also acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the period. |
| Categories and Number of Persons Covered | Category Managing executive officers of the Company / Number of Employees 6 / Number of allocated shares 15,600 shares, Category The Company's executive officers / Number of Employees 12 / Number of allocated shares 15,120 shares, Category The Company's general managers (employees) / Number of Employees 49 / Number of allocated shares 36,750 shares, Category The Company's senior managers (employees) / Number of Employees 143 / Number of allocated shares 71,500 shares, Category The Company's general employees / Number of Employees 909 / Number of allocated shares 227,250 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥437,266,680 |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 eligible employees and others with an incentive to achieve sustained growth in the Company's corporate value and to 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.