Worth reading
38Recurring
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
4778900
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much4,778,900Shares
4,778,900 common shares of the Company (treasury shares)
The Company's directors9 / 3,445,800 shares
The Company's executive officers4 / 1,333,100 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.
¥208.8 per share
Total issue value
¥997,834,320
Total Stock-Based Compensation
Total monetary compensation claims: ¥997,834,320
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 date on which the shares are allocated until the date on which the eligible director or other executive resigns from all positions as an officer or other executive of the Company
Conditions for lifting transfer restrictions
Provided that the recipient has continuously held a position as an officer or other executive of the Company throughout the restricted period, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the restricted period.
Reason for acquisition without consideration
If the recipient resigns from office or leaves the Company without a valid reason before the restricted period expires, if the transfer restrictions remain in place upon expiration of the restricted period, if the Board of Directors determines that the recipient has committed a material violation of laws or regulations, internal rules or the allocation agreement, or if the financial statement figures used as the basis for calculating performance-linked compensation undergo a material revision, correction or similar change, among other cases.
Stock Split Ratio1-for-10 stock split, effective 1 October 2024
Categories and Number of Persons Covered
Category The Company's directors / Number of Employees 9 / Number of allocated shares 3,445,800 shares, Category The Company's executive officers / Number of Employees 4 / Number of allocated shares 1,333,100 shares
Intended allottee's holding policy
During the restricted period, the recipients may not transfer the shares, create security interests over them or otherwise dispose of them. The restricted period runs from the date on which the shares are allocated until the date on which the recipient resigns from all positions as an officer or other executive of the Company.
Payment date
17 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 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥208.8. No discount or premium was applied.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 4,778,900 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥208.8 per share |
| Total issue value | ¥997,834,320 |
| Payment date | 17 July 2026 |
| Intended allottee | Name The Company's directors / Number of Employees 9 / Number of Shares 3,445,800 shares, Name The Company's executive officers / Number of Employees 4 / Number of Shares 1,333,100 shares |
| Intended allottee's holding policy | During the restricted period, the recipients may not transfer the shares, create security interests over them or otherwise dispose of them. The restricted period runs from the date on which the shares are allocated until the date on which the recipient resigns from all positions as an officer or other executive of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥208.8. No discount or premium was applied. |
| Transfer restriction period | From the date on which the shares are allocated until the date on which the eligible director or other executive resigns from all positions as an officer or other executive of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient has continuously held a position as an officer or other executive of the Company throughout the restricted period, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the restricted period. |
| Reason for acquisition without consideration | If the recipient resigns from office or leaves the Company without a valid reason before the restricted period expires, if the transfer restrictions remain in place upon expiration of the restricted period, if the Board of Directors determines that the recipient has committed a material violation of laws or regulations, internal rules or the allocation agreement, or if the financial statement figures used as the basis for calculating performance-linked compensation undergo a material revision, correction or similar change, among other cases. |
| Categories and Number of Persons Covered | Category The Company's directors / Number of Employees 9 / Number of allocated shares 3,445,800 shares, Category The Company's executive officers / Number of Employees 4 / Number of allocated shares 1,333,100 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥997,834,320 |
| Stock Split Ratio | 1-for-10 stock split, effective 1 October 2024 |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 an incentive for the sustainable enhancement of corporate value and to further promote value sharing between the directors and shareholders. The Company also considered the purpose of the plan, the Company's performance, the scope of responsibilities of each eligible director and other executive, and other relevant factors.
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.