Worth reading
41Recurring
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
12700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much12,700Shares
12,700 shares of the Company's common stock (treasury shares)
6 directors of the Bank, excluding directors serving as Audit and Supervisory Committee members and outside directors12,700 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,315 per share
Total issue value
¥42,100,500
Amount of funds to be raised
Total payment amount: ¥42,100,500; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary remuneration claims of ¥42,100,500 (this issuance); annual remuneration limit of no more than ¥70 million
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
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
12 August 2026 to 11 August 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that the allottee remains an eligible director throughout the restriction period, all of the allotted shares held at the end of the period will be released from the restrictions. If the allottee ceases to hold the position for a legitimate reason, a portion of the shares will be released in proportion to the number of months in office.
Reason for acquisition without consideration
If the allottee ceases to hold the position of eligible director before the end of the restriction period without a legitimate reason, or if any shares remain subject to the restrictions at the end of the period. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares that remain subject to the restrictions.
Categories and Number of Persons Covered
6 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 12,700 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The restriction period runs from 12 August 2026 to 11 August 2056.
Payment date
12 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 July 2026 was ¥3,315. No discount or premium 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 | 12,700 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,315 per share |
| Total issue value | ¥42,100,500 |
| Amount of funds to be raised | Total payment amount: ¥42,100,500; estimated net proceeds: Not disclosed |
| Payment date | 12 August 2026 |
| Intended allottee | Name 6 directors of the Bank, excluding directors serving as Audit and Supervisory Committee members and outside directors / Number of Shares 12,700 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The restriction period runs from 12 August 2026 to 11 August 2056. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 July 2026 was ¥3,315. No discount or premium was stated. |
| Transfer restriction period | 12 August 2026 to 11 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the allottee remains an eligible director throughout the restriction period, all of the allotted shares held at the end of the period will be released from the restrictions. If the allottee ceases to hold the position for a legitimate reason, a portion of the shares will be released in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the allottee ceases to hold the position of eligible director before the end of the restriction period without a legitimate reason, or if any shares remain subject to the restrictions at the end of the period. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares that remain subject to the restrictions. |
| Categories and Number of Persons Covered | 6 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 12,700 shares |
| Total Stock-Based Compensation | Monetary remuneration claims of ¥42,100,500 (this issuance); annual remuneration limit of no more than ¥70 million |
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 the eligible directors with an incentive to achieve sustained growth in the Company's corporate value and to promote the sharing of value between the eligible directors 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.