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
12368
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much12,368Shares
12,368 treasury shares
4 directors, excluding outside directors; 12,368 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,021 per share
Total issue value
¥24,995,728
Amount of funds to be raised
Total payment amount: ¥24,995,728; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥24,995,728 (annual compensation limit under the plan: ¥25 million or less)
発行済株式総数
No increase, as this is a disposal of treasury shares
As this is a disposal of treasury shares, the total number of issued shares will not increase
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 6 October 2026 until the date on which the holder ceases to be a director of the Company
Conditions for lifting transfer restrictions
The holder must continuously remain a director of the Company during the service provision period from 26 August 2026 until the date of the Company's annual general meeting of shareholders held in 2027. If the holder ceases to be a director due to death, expiration of the term of office or another reason deemed legitimate by the Company's Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
4 directors, excluding outside directors; 12,368 shares
Intended allottee's holding policy
From 6 October 2026 until the date on which the holder ceases to be a director of the Company, the shares may not be transferred, pledged or otherwise disposed of. The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted when the restriction period expires.
Payment date
6 October 2026
Basis for determining the amount to be paid
¥2,021, the simple average closing price of the Company's common shares on the Tokyo Stock Exchange during the most recent one-month period from 10 August 2026 to 7 September 2026. Discount/premium rate: Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 12,368 treasury shares |
| Issue price and disposal price | ¥2,021 per share |
| Total issue value | ¥24,995,728 |
| Amount of funds to be raised | Total payment amount: ¥24,995,728; estimated net proceeds: Not disclosed |
| Payment date | 6 October 2026 |
| Intended allottee | 4 directors, excluding outside directors; 12,368 shares |
| Intended allottee's holding policy | From 6 October 2026 until the date on which the holder ceases to be a director of the Company, the shares may not be transferred, pledged or otherwise disposed of. The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted when the restriction period expires. |
| Dilution Rate | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Total number of issued shares | No increase, as this is a disposal of treasury shares |
| Basis for determining the amount to be paid | ¥2,021, the simple average closing price of the Company's common shares on the Tokyo Stock Exchange during the most recent one-month period from 10 August 2026 to 7 September 2026. Discount/premium rate: Not disclosed. |
| Transfer restriction period | From 6 October 2026 until the date on which the holder ceases to be a director of the Company |
| Conditions for lifting transfer restrictions | The holder must continuously remain a director of the Company during the service provision period from 26 August 2026 until the date of the Company's annual general meeting of shareholders held in 2027. If the holder ceases to be a director due to death, expiration of the term of office or another reason deemed legitimate by the Company's Board of Directors, the transfer restrictions will be lifted for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors; 12,368 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥24,995,728 (annual compensation limit under the plan: ¥25 million or less) |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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 directors with an incentive to sustainably enhance corporate value and shareholder value over the medium to long term and to promote value sharing with shareholders. The decision also took into account the purpose of the plan, the Company's performance and the responsibilities of each eligible officer.
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.