Worth reading
46Recurring
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
6000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,000Shares
6,000 shares of the Company's common stock (treasury shares)
4 directors, excluding directors who are Audit and Supervisory Committee members and outside directors1,800 shares
17 executive officers4,200 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.
¥7,490 per share
Total issue value
¥44,940,000
Amount of funds to be raised
Total amount paid in: ¥44,940,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥44,940,000
発行済株式総数
As this is a disposal of treasury shares, explicit statement that no dilution will result from an increase in the total number of issued shares: Not disclosed
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 12 August 2026 until the date on which the eligible officer ceases to be a director, executive officer or councilor of the Company
Conditions for lifting transfer restrictions
The eligible recipient must continuously hold the position of director, executive officer or councilor of the Company throughout the service period. If the recipient ceases to hold the position due to death or another reason deemed justifiable by the Company's Board of Directors, all transfer restrictions will be lifted on the following day. In the event of a reorganization or other similar event, all transfer restrictions will be lifted by resolution of the Board of Directors immediately before the business day preceding the effective date of the reorganization or other event.
Reason for acquisition without consideration
At the end of the restriction period, the Company will automatically acquire without consideration any of the allotted shares for which the restrictions have not been released.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 1,800 shares, Category Executive officers / Number of Employees 17 / Number of allocated shares 4,200 shares
Intended allottee's holding policy
From 12 August 2026 until the date on which the eligible officer ceases to be a director, executive officer or councilor of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of.
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 10 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥7,490. No discount or premium applies.
Procedures under the Corporate Code of Conduct
At the 120th Annual General Meeting of Shareholders held on 29 June 2022, approval was obtained for the restricted stock compensation plan, the transfer restriction period, and a compensation limit of up to 20,000 shares per year and ¥50 million per year.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥7,490 per share |
| Total issue value | ¥44,940,000 |
| Amount of funds to be raised | Total amount paid in: ¥44,940,000; estimated net proceeds: Not disclosed |
| Payment date | 12 August 2026 |
| Intended allottee | Category 4 directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 1,800 shares, Category 17 executive officers / Number of Shares 4,200 shares |
| Intended allottee's holding policy | From 12 August 2026 until the date on which the eligible officer ceases to be a director, executive officer or councilor of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Dilution Rate | As this is a disposal of treasury shares, explicit statement that no dilution will result from an increase in the total number of issued shares: Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 10 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥7,490. No discount or premium applies. |
| Transfer restriction period | From 12 August 2026 until the date on which the eligible officer ceases to be a director, executive officer or councilor of the Company |
| Conditions for lifting transfer restrictions | The eligible recipient must continuously hold the position of director, executive officer or councilor of the Company throughout the service period. If the recipient ceases to hold the position due to death or another reason deemed justifiable by the Company's Board of Directors, all transfer restrictions will be lifted on the following day. In the event of a reorganization or other similar event, all transfer restrictions will be lifted by resolution of the Board of Directors immediately before the business day preceding the effective date of the reorganization or other event. |
| Reason for acquisition without consideration | At the end of the restriction period, the Company will automatically acquire without consideration any of the allotted shares for which the restrictions have not been released. |
| Categories and Number of Persons Covered | Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 1,800 shares, Category Executive officers / Number of Employees 17 / Number of allocated shares 4,200 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥44,940,000 |
| Procedures under the Corporate Code of Conduct | At the 120th Annual General Meeting of Shareholders held on 29 June 2022, approval was obtained for the restricted stock compensation plan, the transfer restriction period, and a compensation limit of up to 20,000 shares per year and ¥50 million per year. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise 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 provide an incentive for the sustainable enhancement of corporate value and promote the sharing of value with 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.
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.