Worth reading
52Recurring
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
17945
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares under a performance-linked equity compensation plan
Who receives how much17,945Shares
17,945 common shares of the Company (treasury shares)
5 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors)2,387 shares
13 directors of the Company's subsidiaries (excluding outside directors)8,243 shares
22 executive officers of the Company's subsidiaries7,315 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.
¥6,814 per share
Total issue value
¥122,277,230
Amount of funds to be raised
Total payment amount: ¥122,277,230; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥122,277,230. Annual stock compensation limit: no more than ¥45 million.
発行済株式総数
0.01％
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.
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 23 July 2026 (the payment date) until the date on which the eligible officer retires from all designated positions
Conditions for lifting transfer restrictions
All transfer restrictions on the shares allocated under this plan will be lifted upon expiry of the transfer restriction period. In the event of a corporate reorganization or similar event, the restrictions may be lifted by resolution of the Board of Directors immediately before the business day preceding the effective date.
Reason for acquisition without consideration
Upon expiry of the transfer restriction period, the company will automatically acquire without consideration any allocated shares whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category The Company's directors / Number of Employees 5 / Number of allocated shares 2,387 shares, Category Directors of subsidiaries of the Company / Number of Employees 13 / Number of allocated shares 8,243 shares, Category Executive officers of the Company's subsidiaries / Number of Employees 22 / Number of allocated shares 7,315 shares
Intended allottee's holding policy
Each eligible officer, excluding those who have retired, may not transfer, create a security interest over, or otherwise dispose of the shares from the payment date until the date on which the officer retires from all designated positions.
Payment date
23 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 22 June 2026 was ¥6,814. The premium to the one-month average of ¥6,471.8 was 5.29%, the premium to the three-month average of ¥6,284.8 was 8.42%, and the premium to the six-month average of ¥5,923.1 was 15.04%.
Procedures under the Corporate Code of Conduct
Because the dilution ratio is less than 25% and the transaction does not involve a change in the controlling shareholder, neither obtaining an opinion from an independent third party nor conducting a procedure to confirm shareholders' intentions is required under the Tokyo Stock Exchange's Code of Corporate Conduct.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares under a performance-linked equity compensation plan |
| Number of shares to be issued or disposed of | 17,945 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥6,814 per share |
| Total issue value | ¥122,277,230 |
| Amount of funds to be raised | Total payment amount: ¥122,277,230; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name 5 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors) / Number of Shares 2,387 shares, Name 13 directors of the Company's subsidiaries (excluding outside directors) / Number of Shares 8,243 shares, Name 22 executive officers of the Company's subsidiaries / Number of Shares 7,315 shares |
| Intended allottee's holding policy | Each eligible officer, excluding those who have retired, may not transfer, create a security interest over, or otherwise dispose of the shares from the payment date until the date on which the officer retires from all designated positions. |
| Dilution Rate | 0.01％ |
| Total number of issued shares | Total shares issued as of 31 March 2026 (number: Not disclosed) → 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 22 June 2026 was ¥6,814. The premium to the one-month average of ¥6,471.8 was 5.29%, the premium to the three-month average of ¥6,284.8 was 8.42%, and the premium to the six-month average of ¥5,923.1 was 15.04%. |
| Transfer restriction period | From 23 July 2026 (the payment date) until the date on which the eligible officer retires from all designated positions |
| Conditions for lifting transfer restrictions | All transfer restrictions on the shares allocated under this plan will be lifted upon expiry of the transfer restriction period. In the event of a corporate reorganization or similar event, the restrictions may be lifted by resolution of the Board of Directors immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | Upon expiry of the transfer restriction period, the company will automatically acquire without consideration any allocated shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category The Company's directors / Number of Employees 5 / Number of allocated shares 2,387 shares, Category Directors of subsidiaries of the Company / Number of Employees 13 / Number of allocated shares 8,243 shares, Category Executive officers of the Company's subsidiaries / Number of Employees 22 / Number of allocated shares 7,315 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥122,277,230. Annual stock compensation limit: no more than ¥45 million. |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is less than 25% and the transaction does not involve a change in the controlling shareholder, neither obtaining an opinion from an independent third party nor conducting a procedure to confirm shareholders' intentions is required under the Tokyo Stock Exchange's Code of Corporate Conduct. |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 establish a highly performance-linked compensation plan, provide the eligible officers with an incentive to achieve sustained growth in corporate value, and promote the sharing of value between the eligible officers and 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.