Worth reading
47Recurring
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
6100
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,100Shares
6,100 treasury shares
5 of the Company's executive directors6,100 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,840 per share
Total issue value
¥17,324,000
Amount of funds to be raised
Total payment amount: ¥17,324,000 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Monetary remuneration claims totaling ¥17,324,000
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 24 July 2026 (the payment date) until the date on which the recipient ceases to hold the position of director of the Company
Conditions for lifting transfer restrictions
Provided that the recipient continuously remains a director of the Company from 24 July 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027, the transfer restrictions will be lifted on all of the allocated shares upon expiry of the restricted transfer period. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service.
Reason for acquisition without consideration
At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
5 of the Company's executive directors, totaling 6,100 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The restricted transfer period runs from 24 July 2026 until the date on which the recipient ceases to be a director of the Company.
Payment date
24 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 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,840. No discount or premium rate was 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 | 6,100 treasury shares |
| Issue price and disposal price | ¥2,840 per share |
| Total issue value | ¥17,324,000 |
| Amount of funds to be raised | Total payment amount: ¥17,324,000 (estimated net proceeds: Not disclosed) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 5 of the Company's executive directors / Number of Shares 6,100 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The restricted transfer period runs from 24 July 2026 until the date on which the recipient ceases to be a 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 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,840. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 (the payment date) until the date on which the recipient ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously remains a director of the Company from 24 July 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027, the transfer restrictions will be lifted on all of the allocated shares upon expiry of the restricted transfer period. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 of the Company's executive directors, totaling 6,100 shares |
| Total Stock-Based Compensation | Monetary remuneration claims totaling ¥17,324,000 |
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 provide executive directors with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The Company also took into consideration the purpose of the plan, the Company's performance and the responsibilities of each eligible director.
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.