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
57769
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much57,769Shares
57,769 common shares of the company (treasury shares)
The company’s directors, excluding directors who are Audit and Supervisory Committee members and outside directors3 / 37,924 shares
Executive officers of the Company5 / 8,505 shares
Directors of the company's subsidiaries4 / 6,480 shares
Executive officers of the company’s subsidiaries3 / 4,860 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.
¥617 per share
Total issue value
¥35,643,473
Amount of funds to be raised
As the entire amount of the monetary compensation receivables will be contributed in kind, the total payment amount is ¥35,643,473 and the estimated net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥35,643,473 (¥23,399,108 for eligible directors, ¥5,247,585 for the company’s executive officers, ¥3,998,160 for directors of the company’s subsidiaries, and ¥2,998,620 for executive officers of the company’s subsidiaries). The annual compensation limit for eligible directors is ¥50 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
From the payment date until the later of the date on which the recipient retires or leaves the position of director or another position designated by the company’s Board of Directors, or the date that is more than 3 months after the end of the fiscal year containing the payment date
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as a director or executive officer of the company or one of its subsidiaries during the service provision period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of retirement or departure for a valid reason, or death, the restrictions will be lifted on the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
If the recipient retires or leaves the position of director or executive officer of the company or one of its subsidiaries during the service provision period without a valid reason, or if any shares remain subject to transfer restrictions when the restrictions are scheduled to be lifted.
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 3 / Number of allocated shares 37,924 shares, Category Executive officers of the Company / Number of Employees 5 / Number of allocated shares 8,505 shares, Category Directors of the company's subsidiaries / Number of Employees 4 / Number of allocated shares 6,480 shares, Category Executive officers of the company’s subsidiaries / Number of Employees 3 / Number of allocated shares 4,860 shares
Intended allottee's holding policy
The recipients will hold and maintain all of the allocated shares in dedicated accounts until the transfer restrictions are lifted.
Payment date
4 August 2026
Basis for determining the amount to be paid
The closing price of the company’s common shares on the Tokyo Stock Exchange on 16 July 2026, ¥617. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
At the annual general meeting of shareholders held on 26 June 2024, the payment of monetary compensation receivables to eligible directors and the upper limit on the total number of shares were approved.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 57,769 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥617 per share |
| Total issue value | ¥35,643,473 |
| Amount of funds to be raised | As the entire amount of the monetary compensation receivables will be contributed in kind, the total payment amount is ¥35,643,473 and the estimated net proceeds are Not disclosed |
| Payment date | 4 August 2026 |
| Intended allottee | Name The company’s directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Employees 3 / Number of Shares 37,924 shares, Name Executive officers of the Company / Number of Employees 5 / Number of Shares 8,505 shares, Name Directors of the company's subsidiaries / Number of Employees 4 / Number of Shares 6,480 shares, Name Executive officers of the company’s subsidiaries / Number of Employees 3 / Number of Shares 4,860 shares |
| Intended allottee's holding policy | The recipients will hold and maintain all of the allocated shares in dedicated accounts until the transfer restrictions are lifted. |
| 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 on 16 July 2026, ¥617. No discount or premium rate was stated. |
| Transfer restriction period | From the payment date until the later of the date on which the recipient retires or leaves the position of director or another position designated by the company’s Board of Directors, or the date that is more than 3 months after the end of the fiscal year containing the payment date |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director or executive officer of the company or one of its subsidiaries during the service provision period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In the event of retirement or departure for a valid reason, or death, the restrictions will be lifted on the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | If the recipient retires or leaves the position of director or executive officer of the company or one of its subsidiaries during the service provision period without a valid reason, or if any shares remain subject to transfer restrictions when the restrictions are scheduled to be lifted. |
| 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 3 / Number of allocated shares 37,924 shares, Category Executive officers of the Company / Number of Employees 5 / Number of allocated shares 8,505 shares, Category Directors of the company's subsidiaries / Number of Employees 4 / Number of allocated shares 6,480 shares, Category Executive officers of the company’s subsidiaries / Number of Employees 3 / Number of allocated shares 4,860 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥35,643,473 (¥23,399,108 for eligible directors, ¥5,247,585 for the company’s executive officers, ¥3,998,160 for directors of the company’s subsidiaries, and ¥2,998,620 for executive officers of the company’s subsidiaries). The annual compensation limit for eligible directors is ¥50 million or less. |
| Procedures under the Corporate Code of Conduct | At the annual general meeting of shareholders held on 26 June 2024, the payment of monetary compensation receivables to eligible directors and the upper limit on the total number of shares were approved. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution 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 enhance the recipients’ awareness of participating in management by having them own the company’s shares, promote the sustained enhancement of corporate value, and advance the sharing of value with shareholders.
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.