Worth reading
50Recurring
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
8266
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much
New shares: 8,266 shares; cancellation of treasury shares: 8,266 shares
16 executive directors of the Company and its subsidiary TV Asahi Corporation: 8,266 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,070 per share
Total issue value
¥25,376,620
Amount of funds to be raised
Total amount paid in: ¥25,376,620; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration receivables: ¥25,376,620. Annual remuneration limit: ¥100 million or less.
発行済株式総数
8,266 new shares will be issued and 8,266 treasury shares will be cancelled on the same day
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
24 July 2026 to 23 July 2056 (30 years)
Conditions for lifting transfer restrictions
All of the allocated shares held at the end of the period will be released from the transfer restrictions, provided that the holder has continuously remained a director of the Company or one of its subsidiaries through the date of the first annual general meeting of shareholders of the Company held after 24 July 2026. In the event of retirement for a valid reason, the restrictions will be released according to the number of months in office.
Reason for acquisition without consideration
If the holder retires as a director of the Company or one of its subsidiaries without a valid reason before the date of the first annual general meeting of shareholders of the Company held after 24 July 2026. If any shares remain subject to the transfer restrictions at the end of the restriction period. If the holder retires due to a corporate reorganization or similar event and any shares remain subject to the transfer restrictions as of the business day preceding the effective date.
Categories and Number of Persons Covered
16 executive directors of the Company and TV Asahi Corporation: 8,266 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to a third party, pledged, subject to a security interest by way of transfer, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 24 July 2026 to 23 July 2056.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, ¥3,070. Discount/premium: approximately 0% (the same as the closing price)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | New shares: 8,266 shares; cancellation of treasury shares: 8,266 shares |
| Issue price and disposal price | ¥3,070 per share |
| Total issue value | ¥25,376,620 |
| Amount of funds to be raised | Total amount paid in: ¥25,376,620; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | 16 executive directors of the Company and its subsidiary TV Asahi Corporation: 8,266 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, subject to a security interest by way of transfer, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 24 July 2026 to 23 July 2056. |
| Total number of issued shares | 8,266 new shares will be issued and 8,266 treasury shares will be cancelled on the same day |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 25 June 2026, ¥3,070. Discount/premium: approximately 0% (the same as the closing price) |
| Transfer restriction period | 24 July 2026 to 23 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | All of the allocated shares held at the end of the period will be released from the transfer restrictions, provided that the holder has continuously remained a director of the Company or one of its subsidiaries through the date of the first annual general meeting of shareholders of the Company held after 24 July 2026. In the event of retirement for a valid reason, the restrictions will be released according to the number of months in office. |
| Reason for acquisition without consideration | If the holder retires as a director of the Company or one of its subsidiaries without a valid reason before the date of the first annual general meeting of shareholders of the Company held after 24 July 2026. If any shares remain subject to the transfer restrictions at the end of the restriction period. If the holder retires due to a corporate reorganization or similar event and any shares remain subject to the transfer restrictions as of the business day preceding the effective date. |
| Categories and Number of Persons Covered | 16 executive directors of the Company and TV Asahi Corporation: 8,266 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥25,376,620. Annual remuneration limit: ¥100 million or less. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 enable the executive directors to share with shareholders the benefits and risks of fluctuations in the share price and to increase their motivation to contribute to higher share prices and enhanced corporate value. The transfer restriction period will be set at 30 years, as long as possible, to achieve the purpose of this plan over the longest possible period.
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.