Worth reading
49Recurring
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
12000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much12,000Shares
12,000 treasury shares
7 directors of the Company (excluding outside directors)12,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,727 per share
Amount of funds to be raised
Total payment amount: ¥20,724,000 (no estimated net proceeds stated)
Total Stock-Based Compensation
Total monetary receivables: ¥20,724,000 (annual compensation limit: ¥100 million or less)
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 until the later of the point immediately after the eligible person retires or resigns from the designated position at the Company or one of its subsidiaries, or the point at which the Company's semiannual report for the fiscal year including the disposal date is filed.
Conditions for lifting transfer restrictions
Provided that the eligible person continuously holds a designated position at the Company or one of its subsidiaries from the disposal date until immediately before the conclusion of the first annual general meeting of shareholders held thereafter, all transfer restrictions will be lifted upon expiry of the transfer restriction period. In the event of retirement or resignation for a valid reason, the restrictions will be lifted in proportion to the number of months served.
Reason for acquisition without consideration
If an eligible person commits a violation of laws or regulations during the transfer restriction period or falls under any other specified event stipulated in the allocation agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted.
Categories and Number of Persons Covered
7 directors of the Company (excluding outside directors), 12,000 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,727. No discount or premium applies.
Procedures under the Corporate Code of Conduct
The matter was referred to the Compensation Committee for consultation.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 12,000 treasury shares |
| Issue price and disposal price | ¥1,727 per share |
| Amount of funds to be raised | Total payment amount: ¥20,724,000 (no estimated net proceeds stated) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 7 directors of the Company (excluding outside directors) / Number of Shares 12,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,727. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026 until the later of the point immediately after the eligible person retires or resigns from the designated position at the Company or one of its subsidiaries, or the point at which the Company's semiannual report for the fiscal year including the disposal date is filed. |
| Conditions for lifting transfer restrictions | Provided that the eligible person continuously holds a designated position at the Company or one of its subsidiaries from the disposal date until immediately before the conclusion of the first annual general meeting of shareholders held thereafter, all transfer restrictions will be lifted upon expiry of the transfer restriction period. In the event of retirement or resignation for a valid reason, the restrictions will be lifted in proportion to the number of months served. |
| Reason for acquisition without consideration | If an eligible person commits a violation of laws or regulations during the transfer restriction period or falls under any other specified event stipulated in the allocation agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted. |
| Categories and Number of Persons Covered | 7 directors of the Company (excluding outside directors), 12,000 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥20,724,000 (annual compensation limit: ¥100 million or less) |
| Procedures under the Corporate Code of Conduct | The matter was referred to the Compensation Committee for consultation. |
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 incentives to pursue the sustained enhancement of corporate value and promote value sharing with shareholders, as well as to provide them with medium- to long-term incentives.
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.