Worth reading
38Recurring
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
40200
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much40,200Shares
40,200 common shares of the Company (treasury shares)
9 employees of the Company's subsidiaries, 40,200 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,000 per share (if the closing price on the Tokyo Stock Exchange on the trading day immediately preceding the date on which the terms are determined is higher, the price will be based on that closing price, rounded up to the nearest ¥0.1)
Total issue value
¥80,400,000 (current estimate)
Total Stock-Based Compensation
The amount of monetary compensation claims is Not disclosed. The total disposal amount is ¥80,400,000 (current estimate).
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
Scheme A: From 31 August 2026 through 30 August 2036 (10 years). Scheme B: From 31 August 2026 until the later of the retirement or resignation date and the date on which the specified annual securities report or other document is filed.
Conditions for lifting transfer restrictions
Under both Schemes A and B, the recipient must continuously hold the position of director, executive officer, or employee of the Company's group for the specified period. In the event of retirement or resignation for a valid reason, or death, the transfer restrictions will be lifted for the number of shares corresponding to the number of months of service.
Reason for acquisition without consideration
Scheme A: If the recipient retires or resigns from the position of director, executive officer, or employee of the Company's group without a valid reason, or if any shares remain subject to transfer restrictions when the restrictions are lifted. Scheme B: If any shares remain subject to transfer restrictions when the restrictions are lifted. Any shares still subject to transfer restrictions will also be acquired by the Company without consideration in the event of a corporate reorganization.
Categories and Number of Persons Covered
9 employees of the Company's subsidiaries, 40,200 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos, or otherwise disposed of. Under Scheme A, the transfer restriction period runs from 31 August 2026 through 30 August 2036. Under Scheme B, it runs until the later of the retirement or resignation date and the date on which the specified annual securities report or other document is filed.
Payment date
31 August 2026
Basis for determining the amount to be paid
The price will be based on the higher of the Tokyo Stock Exchange closing price of ¥2,000 on 5 August 2026 and the Tokyo Stock Exchange closing price on 13 August 2026, the trading day immediately preceding the date on which the terms are determined, rounded up to the nearest ¥0.1. No discount or premium rate is stated.
Impact on Business Performance
No information was provided regarding the impact on financial results.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 40,200 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,000 per share (if the closing price on the Tokyo Stock Exchange on the trading day immediately preceding the date on which the terms are determined is higher, the price will be based on that closing price, rounded up to the nearest ¥0.1) |
| Total issue value | ¥80,400,000 (current estimate) |
| Payment date | 31 August 2026 |
| Intended allottee | 9 employees of the Company's subsidiaries, 40,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos, or otherwise disposed of. Under Scheme A, the transfer restriction period runs from 31 August 2026 through 30 August 2036. Under Scheme B, it runs until the later of the retirement or resignation date and the date on which the specified annual securities report or other document is filed. |
| Basis for determining the amount to be paid | The price will be based on the higher of the Tokyo Stock Exchange closing price of ¥2,000 on 5 August 2026 and the Tokyo Stock Exchange closing price on 13 August 2026, the trading day immediately preceding the date on which the terms are determined, rounded up to the nearest ¥0.1. No discount or premium rate is stated. |
| Transfer restriction period | Scheme A: From 31 August 2026 through 30 August 2036 (10 years). Scheme B: From 31 August 2026 until the later of the retirement or resignation date and the date on which the specified annual securities report or other document is filed. |
| Conditions for lifting transfer restrictions | Under both Schemes A and B, the recipient must continuously hold the position of director, executive officer, or employee of the Company's group for the specified period. In the event of retirement or resignation for a valid reason, or death, the transfer restrictions will be lifted for the number of shares corresponding to the number of months of service. |
| Reason for acquisition without consideration | Scheme A: If the recipient retires or resigns from the position of director, executive officer, or employee of the Company's group without a valid reason, or if any shares remain subject to transfer restrictions when the restrictions are lifted. Scheme B: If any shares remain subject to transfer restrictions when the restrictions are lifted. Any shares still subject to transfer restrictions will also be acquired by the Company without consideration in the event of a corporate reorganization. |
| Categories and Number of Persons Covered | 9 employees of the Company's subsidiaries, 40,200 shares |
| Total Stock-Based Compensation | The amount of monetary compensation claims is Not disclosed. The total disposal amount is ¥80,400,000 (current estimate). |
| Impact on Business Performance | No information was provided regarding the impact on financial results. |
Items this document does not state (14)
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 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 foster an increased awareness of participation in management through ownership of the Company's shares, promote sustained growth in corporate value, and facilitate the sharing of value with shareholders over the medium to long term. The disposal price will also be set on fair terms reflecting any increase in the share price, taking existing shareholders' interests into consideration.
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.