Worth reading
50Recurring
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
10300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much10,300Shares
10,300 common shares (treasury shares)
6 of the Company's directors, excluding outside directors10,300 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,300 per share
Total issue value
¥13,390,000
Amount of funds to be raised
Total payment amount: ¥13,390,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥13,390,000 (within the annual compensation limit of ¥30 million)
Specific use of funds
Not applicable (contribution in kind of monetary compensation receivables granted to the eligible directors)
発行済株式総数
Not applicable (disposal of treasury shares)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
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 24 July 2026 (the payment date) until the date on which the recipient ceases to hold the position of director of the Company
Conditions for lifting transfer restrictions
Subject to the recipient continuously holding the position of director of the Company from 24 July 2026 through 1 July 2027, all of the allocated shares will be released from the transfer restrictions upon expiration of the restricted transfer period. If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed justifiable by the Board of Directors, the restrictions will be lifted on the number of shares corresponding to the recipient's months in office.
Reason for acquisition without consideration
At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
6 directors of the Company (excluding outside directors), 10,300 shares
Intended allottee's holding policy
During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,300. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
At the 73rd Annual General Meeting of Shareholders held on 27 June 2025, approval was obtained for the payment of monetary compensation receivables of up to ¥30 million per year and for the restricted transfer period.
Impact on Business Performance
No impact on performance from this disposal of treasury shares was 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 | 10,300 common shares (treasury shares) |
| Issue price and disposal price | ¥1,300 per share |
| Total issue value | ¥13,390,000 |
| Amount of funds to be raised | Total payment amount: ¥13,390,000; estimated net proceeds: Not disclosed |
| Specific use of funds | Not applicable (contribution in kind of monetary compensation receivables granted to the eligible directors) |
| Payment date | 24 July 2026 |
| Intended allottee | Category 6 of the Company's directors, excluding outside directors / Number of Shares 10,300 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The Company will acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,300. No discount or premium was stated. |
| Transfer restriction period | From 24 July 2026 (the payment date) until the date on which the recipient ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | Subject to the recipient continuously holding the position of director of the Company from 24 July 2026 through 1 July 2027, all of the allocated shares will be released from the transfer restrictions upon expiration of the restricted transfer period. If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed justifiable by the Board of Directors, the restrictions will be lifted on the number of shares corresponding to the recipient's months in office. |
| Reason for acquisition without consideration | At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding outside directors), 10,300 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥13,390,000 (within the annual compensation limit of ¥30 million) |
| Procedures under the Corporate Code of Conduct | At the 73rd Annual General Meeting of Shareholders held on 27 June 2025, approval was obtained for the payment of monetary compensation receivables of up to ¥30 million per year and for the restricted transfer period. |
| Impact on Business Performance | No impact on performance from this disposal of treasury shares was stated |
Items this document does not state (10)
Estimated issuance expensesTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 the Company's corporate value and to further promote value sharing with shareholders. The Company also considered the purpose of the plan, its performance, the scope of each eligible director's responsibilities 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.