Worth reading
51Recurring
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
53000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much53,000Shares
53,000 shares of the company's common stock (treasury shares)
Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members)3 / 26,100 shares
The Company's executive officers2 / 9,000 shares
Directors of subsidiaries of the Company4 / 17,900 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.
¥926 per share
Total issue value
¥49,078,000
Amount of funds to be raised
Total amount paid: ¥49,078,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary receivables: ¥49,078,000 (including ¥24,168,600 for the eligible 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
5 years (17 July 2026 to 17 July 2031)
Conditions for lifting transfer restrictions
Subject to the recipient continuously holding one of the following positions throughout the transfer restriction period—director, executive officer, Audit & Supervisory Board member, employee, adviser or an equivalent position at the company or one of its subsidiaries—the transfer restrictions will be lifted in whole or in part upon expiry of the transfer restriction period. Treatment in the event of retirement or resignation due to expiry of the term of office or other legitimate reasons is as stated in the main text.
Reason for acquisition without consideration
If a recipient retires or resigns for a reason other than expiry of the term of office or another legitimate reason, or in other cases where the transfer restrictions are not lifted, the company will automatically acquire the shares for no consideration.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 26,100 shares, Category The Company's executive officers / Number of Employees 2 / Number of allocated shares 9,000 shares, Category Directors of subsidiaries of the Company / Number of Employees 4 / Number of allocated shares 17,900 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of.
Payment date
17 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 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥926. No discount or premium was indicated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 53,000 shares of the company's common stock (treasury shares) |
| Issue price and disposal price | ¥926 per share |
| Total issue value | ¥49,078,000 |
| Amount of funds to be raised | Total amount paid: ¥49,078,000; estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of Shares 26,100 shares, Name The Company's executive officers / Number of Employees 2 / Number of Shares 9,000 shares, Name Directors of subsidiaries of the Company / Number of Employees 4 / Number of Shares 17,900 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the company's common stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥926. No discount or premium was indicated. |
| Transfer restriction period | 5 years (17 July 2026 to 17 July 2031) |
| Conditions for lifting transfer restrictions | Subject to the recipient continuously holding one of the following positions throughout the transfer restriction period—director, executive officer, Audit & Supervisory Board member, employee, adviser or an equivalent position at the company or one of its subsidiaries—the transfer restrictions will be lifted in whole or in part upon expiry of the transfer restriction period. Treatment in the event of retirement or resignation due to expiry of the term of office or other legitimate reasons is as stated in the main text. |
| Reason for acquisition without consideration | If a recipient retires or resigns for a reason other than expiry of the term of office or another legitimate reason, or in other cases where the transfer restrictions are not lifted, the company will automatically acquire the shares for no consideration. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 26,100 shares, Category The Company's executive officers / Number of Employees 2 / Number of allocated shares 9,000 shares, Category Directors of subsidiaries of the Company / Number of Employees 4 / Number of allocated shares 17,900 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥49,078,000 (including ¥24,168,600 for the eligible 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 increase the motivation and morale of the recipients to contribute to improved business performance and enhanced corporate value, to increase their motivation to contribute to the sustainable enhancement of the corporate value of the entire Group, and to reduce the administrative burden associated with the share-based compensation plan.
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.