Komori
Share Issuance and Disposal8253Credit Saison Co.,Ltd.Financials (excluding banks)

Notice Regarding the Disposal of Treasury Shares as Stock-Based Compensation for Directors and Executive Officers

The Company resolved to dispose of 49,419 treasury shares to 7 directors and 17 executive officers as restricted stock compensation. The total disposal value is ¥211,859,253, and the shares may not be transferred for a specified period or until the holder ceases to hold the relevant position.

Worth reading
49Recurring
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
49419
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much49,419Shares

49,419 shares of the Company's common stock (treasury shares)

7 directors of the Company (excluding outside directors)24,263 shares
17 executive officers of the Company25,156 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.

¥4,287 per share
Total issue value

¥211,859,253

Amount of funds to be raised
Total amount paid: ¥211,859,253; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims: ¥211,859,253. Monetary remuneration claims for the eligible directors are capped at ¥150 million per year.
発行済株式総数

The total number of issued shares will not increase because this is 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
From 17 July 2026, the payment date, until the date on which the recipient ceases to hold either the position of director or executive officer of the Company
Conditions for lifting transfer restrictions
The holder must continuously hold the position of director or executive officer of the Company from 17 July 2026 until the close of the annual general meeting of shareholders for the fiscal year ending March 2027. For executive officers who do not concurrently serve as directors, the period runs until the close of the Board of Directors meeting immediately following that annual general meeting. If the holder ceases to hold the position due to death, medical treatment, caring for or raising a family member, expiration of the term of office or any other reason deemed justifiable by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
At the expiration of the restricted transfer period or other prescribed time specified in the agreement, the Company will acquire without consideration any allocated shares that remain subject to the transfer restrictions.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 7 / Number of allocated shares 24,263 shares, Category The Company's executive officers / Number of Employees 17 / Number of allocated shares 25,156 shares
Intended allottee's holding policy
From 17 July 2026 (the payment date) until the date on which the holder ceases to hold either the position of director or executive officer of the Company, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the TSE Prime Market on 16 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥4,287. The payment amount was based on the closing price on the immediately preceding business day, with no discount or premium specified.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of49,419 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥4,287 per share
Total issue value¥211,859,253
Amount of funds to be raisedTotal amount paid: ¥211,859,253; estimated net proceeds: Not disclosed
Payment date17 July 2026
Intended allotteeCategory 7 directors of the Company (excluding outside directors) / Number of Shares 24,263 shares, Category 17 executive officers of the Company / Number of Shares 25,156 shares
Intended allottee's holding policyFrom 17 July 2026 (the payment date) until the date on which the holder ceases to hold either the position of director or executive officer of the Company, the shares may not be transferred, pledged or otherwise disposed of.
Total number of issued sharesThe total number of issued shares will not increase because this is a disposal of treasury shares.
Basis for determining the amount to be paidThe closing price of the Company's common stock on the TSE Prime Market on 16 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥4,287. The payment amount was based on the closing price on the immediately preceding business day, with no discount or premium specified.
Transfer restriction periodFrom 17 July 2026, the payment date, until the date on which the recipient ceases to hold either the position of director or executive officer of the Company
Conditions for lifting transfer restrictionsThe holder must continuously hold the position of director or executive officer of the Company from 17 July 2026 until the close of the annual general meeting of shareholders for the fiscal year ending March 2027. For executive officers who do not concurrently serve as directors, the period runs until the close of the Board of Directors meeting immediately following that annual general meeting. If the holder ceases to hold the position due to death, medical treatment, caring for or raising a family member, expiration of the term of office or any other reason deemed justifiable by the Company's Board of Directors, the transfer restrictions will be released for the number of shares corresponding to the period of service.
Reason for acquisition without considerationAt the expiration of the restricted transfer period or other prescribed time specified in the agreement, the Company will acquire without consideration any allocated shares that remain subject to the transfer restrictions.
Categories and Number of Persons CoveredCategory Directors of the Company (excluding outside directors) / Number of Employees 7 / Number of allocated shares 24,263 shares, Category The Company's executive officers / Number of Employees 17 / Number of allocated shares 25,156 shares
Total Stock-Based CompensationTotal monetary remuneration claims: ¥211,859,253. Monetary remuneration claims for the eligible directors are capped at ¥150 million per year.
Items this document does not state (13)
Estimated 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 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 to achieve sustained growth in corporate and shareholder value over the medium to long term, and to further promote the sharing of value with shareholders. The company also took into consideration the purpose of the plan, the company’s performance, the scope of responsibilities of each allottee 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.
Notice Regarding the Disposal of Treasury Shares as Stock-Based Compensation for Directors and Executive Officers | Credit Saison Co.,Ltd. (8253) timely disclosure | Komori