Worth reading
48Recurring
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
26000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much26,000Shares
26,000 common shares (treasury shares)
4 directors (excluding outside directors)15,400 shares
14 executive officers who do not concurrently serve as directors10,600 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.
¥1,579 per share
Total issue value
¥41,054,000
Amount of funds to be raised
Total payment amount: ¥41,054,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥41,054,000
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
16 July 2026 to 15 July 2056 (30 years)
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds one of the following positions during the restricted transfer period: director, executive officer, audit & supervisory board member, executive officer who does not concurrently serve as a director, employee, adviser, counselor or another equivalent position of the Company or one of its subsidiaries, all transfer restrictions on the allocated shares will be lifted upon expiration of the restricted transfer period. In the event of retirement or resignation due to expiration of the term of office, reaching the mandatory retirement age or another valid reason, the restrictions will be lifted for the number of shares corresponding to the period of service.
Reason for acquisition without consideration
The Company will acquire without consideration all shares for which the transfer restrictions are not lifted upon expiration of the restricted transfer period or upon the lifting of the transfer restrictions, as well as all shares held by recipients who retire or leave employment for reasons other than a valid reason.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 15,400 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 14 / Number of allocated shares 10,600 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account at Nomura Securities Co., Ltd.
Payment date
16 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 16 June 2026, which was ¥1,579. The discount rate and premium rate are 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 | 26,000 common shares (treasury shares) |
| Issue price and disposal price | ¥1,579 per share |
| Total issue value | ¥41,054,000 |
| Amount of funds to be raised | Total payment amount: ¥41,054,000; estimated net proceeds: Not disclosed |
| Payment date | 16 July 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 15,400 shares, Name 14 executive officers who do not concurrently serve as directors / Number of Shares 10,600 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account at Nomura Securities Co., Ltd. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 16 June 2026, which was ¥1,579. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | 16 July 2026 to 15 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the following positions during the restricted transfer period: director, executive officer, audit & supervisory board member, executive officer who does not concurrently serve as a director, employee, adviser, counselor or another equivalent position of the Company or one of its subsidiaries, all transfer restrictions on the allocated shares will be lifted upon expiration of the restricted transfer period. In the event of retirement or resignation due to expiration of the term of office, reaching the mandatory retirement age or another valid reason, the restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration all shares for which the transfer restrictions are not lifted upon expiration of the restricted transfer period or upon the lifting of the transfer restrictions, as well as all shares held by recipients who retire or leave employment for reasons other than a valid reason. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 15,400 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 14 / Number of allocated shares 10,600 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥41,054,000 |
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.This was based on the restricted stock compensation plan, which is intended to provide medium- to long-term incentives and align recipients with shareholder value, taking into consideration the purpose of the plan, the Company's business conditions, the scope of the recipients' responsibilities 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.