Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
6013
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much6,013Shares
6,013 common shares (new shares)
4 directors, 6,013 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥900 per share
Total issue value
¥5,411,700
Amount of funds to be raised
Total payment amount: ¥5,411,700; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary compensation receivables: ¥5,411,700. The annual compensation limit under the stock compensation plan is ¥100 million, of which ¥50 million is for outside directors.
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 15 October 2026 through 28 September 2065
Conditions for lifting transfer restrictions
During the transfer restriction period, the restrictions on all shares held will be lifted upon expiry of the period or otherwise, provided that the holder has continuously held a position as an eligible officer or employee of the Company or one of its subsidiaries. In the event of retirement for a valid reason or death, the restrictions will be lifted immediately after retirement.
Reason for acquisition without consideration
If the restrictions have not been lifted upon expiry of the transfer restriction period, including in the event of a sentence of imprisonment or more severe punishment, the filing of a petition for commencement of bankruptcy or other proceedings, attachment or other similar action, retirement from an eligible officer or employee position within the Company Group, engagement in a competing business, a material breach of contract or other cases determined appropriate by the Board of Directors.
Categories and Number of Persons Covered
4 directors, 6,013 shares
Intended allottee's holding policy
From the payment date through 28 September 2065, transfers, the creation of security interests and other dispositions will be restricted. The transfer restrictions will be lifted if certain conditions for release are met.
Payment date
15 October 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, 25 September 2026, was ¥900. No discount or premium.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,013 common shares (new shares) |
| Issue price and disposal price | ¥900 per share |
| Total issue value | ¥5,411,700 |
| Amount of funds to be raised | Total payment amount: ¥5,411,700; estimated net proceeds: Not disclosed |
| Payment date | 15 October 2026 |
| Intended allottee | 4 directors, 6,013 shares |
| Intended allottee's holding policy | From the payment date through 28 September 2065, transfers, the creation of security interests and other dispositions will be restricted. The transfer restrictions will be lifted if certain conditions for release are met. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, 25 September 2026, was ¥900. No discount or premium. |
| Transfer restriction period | From 15 October 2026 through 28 September 2065 |
| Conditions for lifting transfer restrictions | During the transfer restriction period, the restrictions on all shares held will be lifted upon expiry of the period or otherwise, provided that the holder has continuously held a position as an eligible officer or employee of the Company or one of its subsidiaries. In the event of retirement for a valid reason or death, the restrictions will be lifted immediately after retirement. |
| Reason for acquisition without consideration | If the restrictions have not been lifted upon expiry of the transfer restriction period, including in the event of a sentence of imprisonment or more severe punishment, the filing of a petition for commencement of bankruptcy or other proceedings, attachment or other similar action, retirement from an eligible officer or employee position within the Company Group, engagement in a competing business, a material breach of contract or other cases determined appropriate by the Board of Directors. |
| Categories and Number of Persons Covered | 4 directors, 6,013 shares |
| Total Stock-Based Compensation | Monetary compensation receivables: ¥5,411,700. The annual compensation limit under the stock compensation plan is ¥100 million, of which ¥50 million is for outside directors. |
Items this document does not state (14)
Estimated 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 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 promote further sharing of value with shareholders and provide directors with incentives to achieve sustained growth in 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.