Worth reading
50Recurring
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
206200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much206,200Shares
206,200 common shares of the Company (treasury shares)
Directors of the Company (excluding outside directors)3 / 99,900 shares
The Company's executive officers6 / 56,100 shares
Employees of the Company18 / 50,200 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.
¥382 per share
Total issue value
¥78,768,400
Amount of funds to be raised
Total amount paid in: ¥78,768,400; estimated net proceeds: Not disclosed (the entire amount of monetary compensation receivables granted to the eligible recipients will be contributed in kind)
Total Stock-Based Compensation
Total monetary compensation receivables of ¥78,768,400 (for directors, within the annual compensation limit of ¥100,000 thousand)
発行済株式総数
Not applicable (disposal of treasury shares only)
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 26 June 2026 until the holder retires or leaves the Company. In principle, the conditions for lifting the restrictions will be assessed after 3 years have elapsed from the payment date.
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted in full upon expiry of the transfer restriction period, provided that the recipient has continuously held one of the positions of director, corporate auditor, executive officer or employee of the Company's group through the date 3 years after the payment date. In the event of retirement or departure upon expiry of the term of office, death or other justifiable reason, the restrictions will be lifted in proportion to the recipient's period of service.
Reason for acquisition without consideration
The Company will acquire without compensation any shares whose transfer restrictions have not been lifted when the transfer restriction period expires, as well as any shares subject to certain events stipulated in the allotment agreement, including retirement or departure during the service provision period for reasons other than a justifiable reason.
Categories and Number of Persons Covered
3 directors of the Company (excluding outside directors), 99,900 shares; 6 executive officers of the Company, 56,100 shares; 18 employees of the Company, 50,200 shares
Intended allottee's holding policy
From 26 June 2026 until the holder retires or leaves the Company, the shares may not be transferred, pledged or otherwise disposed of in any way.
Payment date
26 June 2026
Basis for determining the amount to be paid
The amount is equal to the closing price of ¥382 for the Company's common shares on the Tokyo Stock Exchange Growth Market on 28 May 2026, the business day preceding the date of the Board of Directors' resolution. The discount rate and premium rate are both 0%.
Procedures under the Corporate Code of Conduct
At the 4th Annual General Meeting of Shareholders held on 31 May 2024, approval was granted for the provision of monetary compensation receivables to eligible directors and the issuance or disposal of up to 100,000 common shares per year. This disposal was resolved by the Board of Directors. Acquisition of an opinion from an independent third party: Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 206,200 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥382 per share |
| Total issue value | ¥78,768,400 |
| Amount of funds to be raised | Total amount paid in: ¥78,768,400; estimated net proceeds: Not disclosed (the entire amount of monetary compensation receivables granted to the eligible recipients will be contributed in kind) |
| Payment date | 26 June 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 99,900 shares, Category The Company's executive officers / Number of Employees 6 / Number of Shares 56,100 shares, Category Employees of the Company / Number of Employees 18 / Number of Shares 50,200 shares |
| Intended allottee's holding policy | From 26 June 2026 until the holder retires or leaves the Company, the shares may not be transferred, pledged or otherwise disposed of in any way. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Basis for determining the amount to be paid | The amount is equal to the closing price of ¥382 for the Company's common shares on the Tokyo Stock Exchange Growth Market on 28 May 2026, the business day preceding the date of the Board of Directors' resolution. The discount rate and premium rate are both 0%. |
| Transfer restriction period | From 26 June 2026 until the holder retires or leaves the Company. In principle, the conditions for lifting the restrictions will be assessed after 3 years have elapsed from the payment date. |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted in full upon expiry of the transfer restriction period, provided that the recipient has continuously held one of the positions of director, corporate auditor, executive officer or employee of the Company's group through the date 3 years after the payment date. In the event of retirement or departure upon expiry of the term of office, death or other justifiable reason, the restrictions will be lifted in proportion to the recipient's period of service. |
| Reason for acquisition without consideration | The Company will acquire without compensation any shares whose transfer restrictions have not been lifted when the transfer restriction period expires, as well as any shares subject to certain events stipulated in the allotment agreement, including retirement or departure during the service provision period for reasons other than a justifiable reason. |
| Categories and Number of Persons Covered | 3 directors of the Company (excluding outside directors), 99,900 shares; 6 executive officers of the Company, 56,100 shares; 18 employees of the Company, 50,200 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥78,768,400 (for directors, within the annual compensation limit of ¥100,000 thousand) |
| Procedures under the Corporate Code of Conduct | At the 4th Annual General Meeting of Shareholders held on 31 May 2024, approval was granted for the provision of monetary compensation receivables to eligible directors and the issuance or disposal of up to 100,000 common shares per year. This disposal was resolved by the Board of Directors. Acquisition of an opinion from an independent third party: Not disclosed. |
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 incentives for the sustainable enhancement of corporate value and promote value sharing 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.