Worth reading
43Recurring
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
15500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much15,500Shares
15,500 shares of the Company's common stock (treasury shares)
Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors)4 / 15,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,130 per share
Total issue value
¥17,515,000
Total Stock-Based Compensation
¥17,515,000 in monetary compensation receivables (the annual compensation limit under this plan is ¥40,000,000 or less)
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 23 July 2026 until the date on which the holder ceases to hold the position of director of the Company
Conditions for lifting transfer restrictions
Provided that the holder continuously remains a director from 23 July 2026 through 1 July 2027, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period. If the holder ceases to hold the position due to death, expiration of the term of office or another reason deemed legitimate by the Board of Directors, the number of shares corresponding to the holder's months in office will be released from the transfer restrictions.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or other time specified in the agreement, the Company will acquire without consideration any shares that remain subject to the transfer restrictions.
Categories and Number of Persons Covered
4 directors (excluding directors who are Audit & Supervisory Committee members and outside directors), 15,500 shares
Intended allottee's holding policy
The shares may not be transferred, pledged or otherwise disposed of from 23 July 2026 until the date on which the holder ceases to hold the position of director of the Company.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,130. There was no discount or premium.
Procedures under the Corporate Code of Conduct
Approval was obtained at the 78th Annual General Meeting of Shareholders held on 25 June 2025 for the restricted stock compensation plan and the applicable compensation limit and other 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 | 15,500 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,130 per share |
| Total issue value | ¥17,515,000 |
| Payment date | 23 July 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of Shares 15,500 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged or otherwise disposed of from 23 July 2026 until the date on which the holder ceases to hold the position of director of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,130. There was no discount or premium. |
| Transfer restriction period | From 23 July 2026 until the date on which the holder ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | Provided that the holder continuously remains a director from 23 July 2026 through 1 July 2027, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period. If the holder ceases to hold the position due to death, expiration of the term of office or another reason deemed legitimate by the Board of Directors, the number of shares corresponding to the holder's months in office will be released from the transfer restrictions. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or other time specified in the agreement, the Company will acquire without consideration any shares that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | 4 directors (excluding directors who are Audit & Supervisory Committee members and outside directors), 15,500 shares |
| Total Stock-Based Compensation | ¥17,515,000 in monetary compensation receivables (the annual compensation limit under this plan is ¥40,000,000 or less) |
| Procedures under the Corporate Code of Conduct | Approval was obtained at the 78th Annual General Meeting of Shareholders held on 25 June 2025 for the restricted stock compensation plan and the applicable compensation limit and other matters. |
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 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 sustained enhancement of corporate value and promote the sharing of value with shareholders. The Company also took into consideration its performance, the scope of responsibilities of each eligible director and other relevant circumstances.
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.