Worth reading
42Recurring
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
78229
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much78,229Shares
78,229 common shares of the Company (treasury shares)
4 of the Company's directors, excluding outside directors50,000 shares
2 directors of subsidiaries of the Company28,229 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.
¥1,377 per share
Total issue value
¥107,721,333
Total Stock-Based Compensation
Aggregate monetary compensation claims of ¥107,721,333. Directors' compensation is capped at ¥500 million per year.
発行済株式総数
The total number of shares issued will not increase because this is solely 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 10 June 2026 until the date on which the recipient ceases to serve as a director of the Company or one of its subsidiaries
Conditions for lifting transfer restrictions
The restrictions will be lifted on all of the allocated shares held by the recipient upon expiration of the restriction period. However, if the recipient ceases to serve as a director for a reason deemed valid by the Board of Directors, the restrictions will be lifted immediately after the cessation. In the event of a reorganization or similar transaction, the restrictions will be lifted at the time immediately preceding the business day before the effective date, subject to the prescribed conditions.
Reason for acquisition without consideration
If the recipient ceases to serve as a director of the Company or one of its subsidiaries without a valid reason, if the restrictions have not been lifted upon expiration of the restriction period, or if the restrictions have not been lifted due to a reorganization or similar transaction.
Categories and Number of Persons Covered
4 directors of the Company (excluding outside directors), 50,000 shares; 2 directors of the Company's subsidiaries, 28,229 shares
Intended allottee's holding policy
During the restriction period, the recipients may not transfer, create a pledge or security interest by way of transfer, make a lifetime gift or bequest, or otherwise dispose of the shares in any way. The restriction period runs until the date on which the recipient ceases to serve as a director of the Company or one of its subsidiaries.
Payment date
10 June 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 14 May 2026, ¥1,377. No discount or premium applies.
Procedures under the Corporate Code of Conduct
At the 31st Annual General Meeting of Shareholders held on 30 March 2022, approval was obtained for the introduction of a restricted stock compensation plan and related matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 78,229 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,377 per share |
| Total issue value | ¥107,721,333 |
| Payment date | 10 June 2026 |
| Intended allottee | Name 4 of the Company's directors, excluding outside directors / Number of Shares 50,000 shares, Name 2 directors of subsidiaries of the Company / Number of Shares 28,229 shares |
| Intended allottee's holding policy | During the restriction period, the recipients may not transfer, create a pledge or security interest by way of transfer, make a lifetime gift or bequest, or otherwise dispose of the shares in any way. The restriction period runs until the date on which the recipient ceases to serve as a director of the Company or one of its subsidiaries. |
| Total number of issued shares | The total number of shares issued will not increase because this is solely a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 14 May 2026, ¥1,377. No discount or premium applies. |
| Transfer restriction period | From 10 June 2026 until the date on which the recipient ceases to serve as a director of the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | The restrictions will be lifted on all of the allocated shares held by the recipient upon expiration of the restriction period. However, if the recipient ceases to serve as a director for a reason deemed valid by the Board of Directors, the restrictions will be lifted immediately after the cessation. In the event of a reorganization or similar transaction, the restrictions will be lifted at the time immediately preceding the business day before the effective date, subject to the prescribed conditions. |
| Reason for acquisition without consideration | If the recipient ceases to serve as a director of the Company or one of its subsidiaries without a valid reason, if the restrictions have not been lifted upon expiration of the restriction period, or if the restrictions have not been lifted due to a reorganization or similar transaction. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding outside directors), 50,000 shares; 2 directors of the Company's subsidiaries, 28,229 shares |
| Total Stock-Based Compensation | Aggregate monetary compensation claims of ¥107,721,333. Directors' compensation is capped at ¥500 million per year. |
| Procedures under the Corporate Code of Conduct | At the 31st Annual General Meeting of Shareholders held on 30 March 2022, approval was obtained for the introduction of a restricted stock compensation plan and related matters. |
Items this document does not state (13)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateExercise 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.
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.