Worth reading
47Recurring
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
6907
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much6,907Shares
6,907 common shares (treasury shares)
Directors (excluding directors who are Audit and Supervisory Committee members and outside directors)7 / 6,907 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,352 per share
Amount of funds to be raised
Total payment amount: ¥16,245,264; estimated net proceeds: Not disclosed (the treasury shares will be disposed of through an in-kind contribution of monetary compensation claims)
Total Stock-Based Compensation
Total monetary compensation claims: ¥16,245,264; monetary compensation claims of up to ¥30 million per year
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 August 2026 to 5 August 2076 (50 years)
Conditions for lifting transfer restrictions
The restrictions will be fully lifted upon expiry of the restriction period, provided that the recipient has continuously held a position as either a director or an employee of the Company throughout the restriction period. If the recipient leaves office or retires upon expiry of the term of office, reaching retirement age, or for another legitimate reason, the restrictions will be lifted immediately after the departure or retirement for the number of shares determined based on the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted upon expiry of the restriction period or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares remaining after the transfer restrictions are lifted.
Categories and Number of Persons Covered
Directors (excluding directors who are Audit & Supervisory Committee members and outside directors): 7 people, 6,907 shares
Intended allottee's holding policy
This is a system designed to promote medium- to long-term share ownership. The restriction period runs from 6 August 2026 to 5 August 2076, for 50 years. During this period, the shares may not be transferred, pledged as collateral, or otherwise disposed of.
Payment date
6 August 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 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,352. There is no discount or premium.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 6,907 common shares (treasury shares) |
| Issue price and disposal price | ¥2,352 per share |
| Amount of funds to be raised | Total payment amount: ¥16,245,264; estimated net proceeds: Not disclosed (the treasury shares will be disposed of through an in-kind contribution of monetary compensation claims) |
| Payment date | 6 August 2026 |
| Intended allottee | Name Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 7 / Number of Shares 6,907 shares |
| Intended allottee's holding policy | This is a system designed to promote medium- to long-term share ownership. The restriction period runs from 6 August 2026 to 5 August 2076, for 50 years. During this 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 Standard Market on 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,352. There is no discount or premium. |
| Transfer restriction period | From 6 August 2026 to 5 August 2076 (50 years) |
| Conditions for lifting transfer restrictions | The restrictions will be fully lifted upon expiry of the restriction period, provided that the recipient has continuously held a position as either a director or an employee of the Company throughout the restriction period. If the recipient leaves office or retires upon expiry of the term of office, reaching retirement age, or for another legitimate reason, the restrictions will be lifted immediately after the departure or retirement for the number of shares determined based on the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted upon expiry of the restriction period or when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares remaining after the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | Directors (excluding directors who are Audit & Supervisory Committee members and outside directors): 7 people, 6,907 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥16,245,264; monetary compensation claims of up to ¥30 million per year |
Items this document does not state (15)
Total issue valueEstimated 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.To provide the eligible directors with a medium- to long-term incentive, promote their long-term and stable share ownership, and further align their value with that of shareholders.
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.