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
26200
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much26,200Shares
Treasury shares: 26,200 shares
3 of the Company's directors, excluding outside directors: 26,200 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,827 per share
Amount of funds to be raised
Total payment amount: ¥47,867,400; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥47,867,400; the annual maximum amount of compensation is ¥48.0 million
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
30 years (5 August 2026 to 4 August 2056)
Conditions for lifting transfer restrictions
Provided that the recipient remains a director of the Company continuously until the date of the first annual shareholders meeting held after 5 August 2026, all of the allocated shares held at the end of the period will be released from the transfer restrictions. If the recipient resigns for a reason deemed justifiable, the transfer restrictions on the number of shares corresponding to the period of service will be released immediately after resignation.
Reason for acquisition without consideration
If the recipient resigns before the date of the first annual shareholders meeting, unless the Board of Directors recognizes a justifiable reason. This also applies if any shares remain subject to transfer restrictions at the end of the period, or if any shares remain subject to transfer restrictions as a result of a corporate reorganization or similar event.
Categories and Number of Persons Covered
3 Company directors, excluding outside directors: 26,200 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged, granted as security by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 5 August 2026 to 4 August 2056.
Payment date
5 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,827. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | Treasury shares: 26,200 shares |
| Issue price and disposal price | ¥1,827 per share |
| Amount of funds to be raised | Total payment amount: ¥47,867,400; estimated net proceeds: Not disclosed |
| Payment date | 5 August 2026 |
| Intended allottee | 3 of the Company's directors, excluding outside directors: 26,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged, granted as security by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 5 August 2026 to 4 August 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,827. No discount or premium applies. |
| Transfer restriction period | 30 years (5 August 2026 to 4 August 2056) |
| Conditions for lifting transfer restrictions | Provided that the recipient remains a director of the Company continuously until the date of the first annual shareholders meeting held after 5 August 2026, all of the allocated shares held at the end of the period will be released from the transfer restrictions. If the recipient resigns for a reason deemed justifiable, the transfer restrictions on the number of shares corresponding to the period of service will be released immediately after resignation. |
| Reason for acquisition without consideration | If the recipient resigns before the date of the first annual shareholders meeting, unless the Board of Directors recognizes a justifiable reason. This also applies if any shares remain subject to transfer restrictions at the end of the period, or if any shares remain subject to transfer restrictions as a result of a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 3 Company directors, excluding outside directors: 26,200 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥47,867,400; the annual maximum amount of compensation is ¥48.0 million |
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.
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.