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 treasury shares
3 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors), 6,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,686 per share
Amount of funds to be raised
Total payment amount: ¥16,116,000 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary claims: ¥16,116,000. The annual compensation limit for the eligible directors is ¥20 million or less.
発行済株式総数
The total number of issued shares will not increase because this is 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
15 October 2026 to 1 November 2056 (30 years)
Conditions for lifting transfer restrictions
All transfer restrictions will be lifted upon expiry of the period, provided that the recipient continuously holds one of the following positions during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, employee, adviser, counsellor or other equivalent position at the Company or one of its subsidiaries. In the event of retirement or resignation due to expiry of the term of office, mandatory retirement or another legitimate reason, the restrictions will be lifted based on a prescribed calculation.
Reason for acquisition without consideration
The Company will acquire the relevant shares without consideration if, during the transfer restriction period, the recipient engages in an act violating laws or regulations or otherwise falls under any of the prescribed circumstances set out in the allocation agreement, if there are shares for which the transfer restrictions are not lifted, or if the transfer restrictions are not lifted in connection with a reorganisation or similar transaction.
Categories and Number of Persons Covered
3 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors), 6,000 shares
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 Prime Market on 14 September 2026: ¥2,686. Discount rate and premium rate: not disclosed.
Procedures under the Corporate Code of Conduct
The Board of Directors resolved the matter following consultation with the Compensation Review Committee. Whether independent third-party opinions were obtained and whether shareholder approval was confirmed: 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 | 6,000 treasury shares |
| Issue price and disposal price | ¥2,686 per share |
| Amount of funds to be raised | Total payment amount: ¥16,116,000 (estimated net proceeds: Not disclosed) |
| Payment date | 15 October 2026 |
| Intended allottee | 3 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors), 6,000 shares |
| Total number of issued shares | The total number of issued shares will not increase because this is 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 Prime Market on 14 September 2026: ¥2,686. Discount rate and premium rate: not disclosed. |
| Transfer restriction period | 15 October 2026 to 1 November 2056 (30 years) |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted upon expiry of the period, provided that the recipient continuously holds one of the following positions during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, employee, adviser, counsellor or other equivalent position at the Company or one of its subsidiaries. In the event of retirement or resignation due to expiry of the term of office, mandatory retirement or another legitimate reason, the restrictions will be lifted based on a prescribed calculation. |
| Reason for acquisition without consideration | The Company will acquire the relevant shares without consideration if, during the transfer restriction period, the recipient engages in an act violating laws or regulations or otherwise falls under any of the prescribed circumstances set out in the allocation agreement, if there are shares for which the transfer restrictions are not lifted, or if the transfer restrictions are not lifted in connection with a reorganisation or similar transaction. |
| Categories and Number of Persons Covered | 3 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors), 6,000 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥16,116,000. The annual compensation limit for the eligible directors is ¥20 million or less. |
| Procedures under the Corporate Code of Conduct | The Board of Directors resolved the matter following consultation with the Compensation Review Committee. Whether independent third-party opinions were obtained and whether shareholder approval was confirmed: Not disclosed. |
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution 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 provide an incentive for the sustained enhancement of corporate value and promote value sharing with shareholders, and to further motivate the eligible directors and others.
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.