Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
15356
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much15,356Shares
15,356 common shares
6 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors11,585 shares
9 executive officers of the Company, excluding executive officers who concurrently serve as directors3,771 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.
¥2,056 per share
Total issue value
¥31,571,936
Amount of funds to be raised
Total amount paid: ¥31,571,936; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥31,571,936. The annual compensation limit for monetary compensation receivables to be paid to eligible directors is ¥100 million or less.
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 27 April 2026, the payment date, until the date on which the holder ceases to hold any position as a director or executive officer of the Company
Conditions for lifting transfer restrictions
Subject to the holder continuously remaining a director or executive officer of the Company throughout the service period, all of the shares allotted under this issue will be released from the transfer restrictions on the expiration date of the transfer restriction period. If the holder ceases to hold the position due to death, expiration of the term of office or another reason deemed justified by the Board of Directors, the number of shares corresponding to the holder’s months of service will be released from the transfer restrictions.
Reason for acquisition without consideration
At the expiration of the transfer restriction period or another time specified in the agreement, the Company will acquire without consideration any shares allotted under this issue that remain subject to the transfer restrictions.
Stock Split Ratio2 common shares for each common share, effective 1 January 2021
Categories and Number of Persons Covered
Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 6 / Number of allocated shares 11,585 shares, Category Executive officers of the Company (excluding executive officers who concurrently serve as directors) / Number of Employees 9 in the issuance summary; 6 in the description of the allottees in the body of the notice / Number of allocated shares 3,771 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of.
Payment date
27 April 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on 26 March 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥2,056. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
At the 50th Annual General Meeting of Shareholders held on 27 March 2020, approval was obtained for the payment of monetary compensation receivables of up to ¥100 million per year to eligible directors and for the transfer restriction period.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 15,356 common shares |
| Issue price and disposal price | ¥2,056 per share |
| Total issue value | ¥31,571,936 |
| Amount of funds to be raised | Total amount paid: ¥31,571,936; estimated net proceeds: Not disclosed |
| Payment date | 27 April 2026 |
| Intended allottee | Name 6 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 11,585 shares, Name 9 executive officers of the Company, excluding executive officers who concurrently serve as directors / Number of Shares 3,771 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 26 March 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥2,056. No discount or premium was stated. |
| Transfer restriction period | From 27 April 2026, the payment date, until the date on which the holder ceases to hold any position as a director or executive officer of the Company |
| Conditions for lifting transfer restrictions | Subject to the holder continuously remaining a director or executive officer of the Company throughout the service period, all of the shares allotted under this issue will be released from the transfer restrictions on the expiration date of the transfer restriction period. If the holder ceases to hold the position due to death, expiration of the term of office or another reason deemed justified by the Board of Directors, the number of shares corresponding to the holder’s months of service will be released from the transfer restrictions. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or another time specified in the agreement, the Company will acquire without consideration any shares allotted under this issue that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 6 / Number of allocated shares 11,585 shares, Category Executive officers of the Company (excluding executive officers who concurrently serve as directors) / Number of Employees 9 in the issuance summary; 6 in the description of the allottees in the body of the notice / Number of allocated shares 3,771 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥31,571,936. The annual compensation limit for monetary compensation receivables to be paid to eligible directors is ¥100 million or less. |
| Stock Split Ratio | 2 common shares for each common share, effective 1 January 2021 |
| Procedures under the Corporate Code of Conduct | At the 50th Annual General Meeting of Shareholders held on 27 March 2020, approval was obtained for the payment of monetary compensation receivables of up to ¥100 million per year to eligible directors and for the transfer restriction period. |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentMost 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 incentives for the sustained enhancement of corporate value and shareholder value over the medium to long term and promote value sharing with shareholders. The Company also took into account the purpose of this scheme, the Company’s performance, the scope of responsibilities of each allottee and other relevant circumstances.
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.