Worth reading
40Recurring
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
3769
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much3,769Shares
3,769 shares of the Company's common stock (treasury shares)
4 directors (excluding outside directors)3,769 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,820 per share
Total issue value
¥10,628,580
Total Stock-Based Compensation
Monetary compensation receivables of up to ¥30 million per year (approved at the annual general meeting of shareholders held on 23 June 2023)
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 17 July 2026 until the eligible directors cease to hold office as directors of the Company
Conditions for lifting transfer restrictions
As a general rule, provided that the eligible director has continuously held office as a director of the Company throughout the service period, the transfer restrictions on all of the shares will be lifted upon expiry of the transfer restriction period. If the eligible director ceases to hold office mid-term due to death 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
If it is determined that an eligible director will cease to hold office as a director of the Company for a reason other than death, expiry of the term of office, retirement age or another valid reason, the Company will acquire all of the shares without consideration. Other applicable events are as stipulated in the allocation agreement. In the event of mid-term departure for a valid reason or a corporate reorganization, among other cases, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted after the restrictions are lifted.
Categories and Number of Persons Covered
4 directors, excluding outside directors; 3,769 shares
Intended allottee's holding policy
From the disposal date until the eligible directors cease to hold office as directors of the Company, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 18 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,820. No discount or premium rate is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 3,769 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,820 per share |
| Total issue value | ¥10,628,580 |
| Payment date | 17 July 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 3,769 shares |
| Intended allottee's holding policy | From the disposal date until the eligible directors cease to hold office as directors of the Company, the shares may not be transferred, pledged or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 18 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,820. No discount or premium rate is stated. |
| Transfer restriction period | From 17 July 2026 until the eligible directors cease to hold office as directors of the Company |
| Conditions for lifting transfer restrictions | As a general rule, provided that the eligible director has continuously held office as a director of the Company throughout the service period, the transfer restrictions on all of the shares will be lifted upon expiry of the transfer restriction period. If the eligible director ceases to hold office mid-term due to death 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 | If it is determined that an eligible director will cease to hold office as a director of the Company for a reason other than death, expiry of the term of office, retirement age or another valid reason, the Company will acquire all of the shares without consideration. Other applicable events are as stipulated in the allocation agreement. In the event of mid-term departure for a valid reason or a corporate reorganization, among other cases, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted after the restrictions are lifted. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors; 3,769 shares |
| Total Stock-Based Compensation | Monetary compensation receivables of up to ¥30 million per year (approved at the annual general meeting of shareholders held on 23 June 2023) |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 an incentive to achieve sustained growth in corporate value and to further promote the sharing of value between the eligible directors and 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.