Worth reading
45Recurring
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
6705
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,705Shares
6,705 shares of the Company's common stock (treasury shares)
4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors3,608 shares
7 executive officers of the Company who do not concurrently serve as directors of the Company2,453 shares
4 directors of subsidiaries of the Company, excluding directors who concurrently serve as directors or executive officers of the Company and outside directors644 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.
¥1,862 per share
Total issue value
¥12,484,710
Amount of funds to be raised
Total payment amount: ¥12,484,710; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥12,484,710. The total amount of monetary compensation claims for eligible directors is capped at ¥16 million per year.
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 14 August 2026 until the date on which the recipient retires from all positions as a director or executive officer of the Company and as a director of a Company subsidiary
Conditions for lifting transfer restrictions
In principle, the recipient must remain in the prescribed position continuously until the date of the first annual general meeting of shareholders or the end of the fiscal year following the start of the transfer restriction period. If the recipient retires for a legitimate reason, the restrictions will be lifted in part in proportion to the period of service.
Reason for acquisition without consideration
If the recipient retires from the prescribed position before the prescribed period ends, unless the Board of Directors recognizes a legitimate reason; if any shares remain subject to transfer restrictions when the transfer restriction period expires; or if any shares remain subject to transfer restrictions following a corporate reorganization or similar event.
Categories and Number of Persons Covered
Category The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 3,608 shares, Category Executive officers of the Company (executive officers who do not concurrently serve as directors of the Company) / Number of Employees 7 / Number of allocated shares 2,453 shares, Category Directors of the Company's subsidiaries (excluding directors who concurrently serve as directors or executive officers of the Company and outside directors) / Number of Employees 4 / Number of allocated shares 644 shares
Intended allottee's holding policy
Until the transfer restrictions are lifted, the recipients may not transfer the shares to any third party, create a pledge or security interest by way of transfer, make an inter vivos gift, bequeath the shares, or otherwise dispose of them in any way.
Payment date
14 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 24 July 2026, ¥1,862. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
Approval was obtained for partial amendments to the scheme at the 146th Annual General Meeting of Shareholders held on 24 June 2026.
Impact on Business Performance
No impact on financial results from this disposition of treasury shares is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,705 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,862 per share |
| Total issue value | ¥12,484,710 |
| Amount of funds to be raised | Total payment amount: ¥12,484,710; estimated net proceeds: Not disclosed |
| Payment date | 14 August 2026 |
| Intended allottee | Category 4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors / Number of Shares 3,608 shares, Category 7 executive officers of the Company who do not concurrently serve as directors of the Company / Number of Shares 2,453 shares, Category 4 directors of subsidiaries of the Company, excluding directors who concurrently serve as directors or executive officers of the Company and outside directors / Number of Shares 644 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the recipients may not transfer the shares to any third party, create a pledge or security interest by way of transfer, make an inter vivos gift, bequeath the shares, or otherwise dispose of them in any way. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 24 July 2026, ¥1,862. No discount or premium rate is stated. |
| Transfer restriction period | From 14 August 2026 until the date on which the recipient retires from all positions as a director or executive officer of the Company and as a director of a Company subsidiary |
| Conditions for lifting transfer restrictions | In principle, the recipient must remain in the prescribed position continuously until the date of the first annual general meeting of shareholders or the end of the fiscal year following the start of the transfer restriction period. If the recipient retires for a legitimate reason, the restrictions will be lifted in part in proportion to the period of service. |
| Reason for acquisition without consideration | If the recipient retires from the prescribed position before the prescribed period ends, unless the Board of Directors recognizes a legitimate reason; if any shares remain subject to transfer restrictions when the transfer restriction period expires; or if any shares remain subject to transfer restrictions following a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | Category The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 3,608 shares, Category Executive officers of the Company (executive officers who do not concurrently serve as directors of the Company) / Number of Employees 7 / Number of allocated shares 2,453 shares, Category Directors of the Company's subsidiaries (excluding directors who concurrently serve as directors or executive officers of the Company and outside directors) / Number of Employees 4 / Number of allocated shares 644 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥12,484,710. The total amount of monetary compensation claims for eligible directors is capped at ¥16 million per year. |
| Procedures under the Corporate Code of Conduct | Approval was obtained for partial amendments to the scheme at the 146th Annual General Meeting of Shareholders held on 24 June 2026. |
| Impact on Business Performance | No impact on financial results from this disposition of treasury shares is stated. |
Items this document does not state (12)
Estimated 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 offering
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 enable directors and other officers to share with shareholders the benefits and risks of share price movements, and to increase their motivation to contribute to higher share prices and enhanced 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.