Worth reading
43Recurring
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
242500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as a restricted stock incentive
Who receives how much242,500Shares
242,500 common shares of the Company (treasury shares)
The Company's employees276 / 138,000 shares
Employees of the company's subsidiaries209 / 104,500 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.
¥715 per share; provided, however, that if the closing price on the previous trading day, 25 May 2026, exceeds ¥715, the applicable price will be that closing price
Total issue value
¥173,387,500 (estimated amount; subject to change on the pricing determination date)
Amount of funds to be raised
Total payment amount of ¥173,387,500 (estimated amount). The approximate net proceeds are Not disclosed
Total Stock-Based Compensation
Total monetary claims of ¥173,387,500
発行済株式総数
No increase (disposal of treasury shares)
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 the payment date until the later of the date on which the recipient leaves their position as an employee of the Company Group, the date on which they leave their position due to death, or the date on which the prescribed securities report or semi-annual report is submitted
Conditions for lifting transfer restrictions
If the recipient leaves their position as an employee of the Company Group or leaves their position due to death, the transfer restrictions will be lifted on all of the allocated shares held by the recipient at that time. In the event of a corporate reorganization or other similar event, the restrictions may be lifted in full by resolution of the Board of Directors.
Reason for acquisition without consideration
If the recipient leaves their employment or otherwise departs during the transfer restriction period without a valid reason, or if the transfer restrictions have not been lifted when the transfer restriction period ends, the Company will acquire the shares without consideration.
Categories and Number of Persons Covered
Category The Company's employees / Number of Employees 276 / Number of allocated shares 138,000 shares, Category Employees of the company's subsidiaries / Number of Employees 209 / Number of allocated shares 104,500 shares
Intended allottee's holding policy
Transfers and other dispositions will be prohibited until the later of the date on which the recipient leaves their position as an employee of the Company Group and the date on which the prescribed securities report or other relevant filing is submitted. The shares will be held and maintained in a designated account until the transfer restrictions are lifted.
Payment date
1 December 2026
Basis for determining the amount to be paid
The higher of the closing price of ¥715 on 12 May 2026 and the closing price on the previous trading day, 25 May 2026. The deviations from the average closing prices were -0.28% versus the one-month average of ¥717, -7.86% versus the three-month average of ¥776, and -8.45% versus the six-month average of ¥781.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as a restricted stock incentive |
| Number of shares to be issued or disposed of | 242,500 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥715 per share; provided, however, that if the closing price on the previous trading day, 25 May 2026, exceeds ¥715, the applicable price will be that closing price |
| Total issue value | ¥173,387,500 (estimated amount; subject to change on the pricing determination date) |
| Amount of funds to be raised | Total payment amount of ¥173,387,500 (estimated amount). The approximate net proceeds are Not disclosed |
| Payment date | 1 December 2026 |
| Intended allottee | Category The Company's employees / Number of Employees 276 / Number of Shares 138,000 shares, Category Employees of the company's subsidiaries / Number of Employees 209 / Number of Shares 104,500 shares |
| Intended allottee's holding policy | Transfers and other dispositions will be prohibited until the later of the date on which the recipient leaves their position as an employee of the Company Group and the date on which the prescribed securities report or other relevant filing is submitted. The shares will be held and maintained in a designated account until the transfer restrictions are lifted. |
| Total number of issued shares | No increase (disposal of treasury shares) |
| Basis for determining the amount to be paid | The higher of the closing price of ¥715 on 12 May 2026 and the closing price on the previous trading day, 25 May 2026. The deviations from the average closing prices were -0.28% versus the one-month average of ¥717, -7.86% versus the three-month average of ¥776, and -8.45% versus the six-month average of ¥781. |
| Transfer restriction period | From the payment date until the later of the date on which the recipient leaves their position as an employee of the Company Group, the date on which they leave their position due to death, or the date on which the prescribed securities report or semi-annual report is submitted |
| Conditions for lifting transfer restrictions | If the recipient leaves their position as an employee of the Company Group or leaves their position due to death, the transfer restrictions will be lifted on all of the allocated shares held by the recipient at that time. In the event of a corporate reorganization or other similar event, the restrictions may be lifted in full by resolution of the Board of Directors. |
| Reason for acquisition without consideration | If the recipient leaves their employment or otherwise departs during the transfer restriction period without a valid reason, or if the transfer restrictions have not been lifted when the transfer restriction period ends, the Company will acquire the shares without consideration. |
| Categories and Number of Persons Covered | Category The Company's employees / Number of Employees 276 / Number of allocated shares 138,000 shares, Category Employees of the company's subsidiaries / Number of Employees 209 / Number of allocated shares 104,500 shares |
| Total Stock-Based Compensation | Total monetary claims of ¥173,387,500 |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 support employees in building personal assets, provide them with an incentive to sustainably enhance the corporate value of the Company Group, foster a stronger awareness of their participation in management, and promote the sharing of value with shareholders over the medium to long term.
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.