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
40500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much40,500Shares
40,500 shares of the Company’s common stock (treasury shares)
5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors)12,000 shares
9 executive officers15,000 shares
18 employees holding positions13,500 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.
¥2,692 per share
Total issue value
¥109,026,000
Amount of funds to be raised
Total amount paid: ¥109,026,000; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims: ¥109,026,000. The total annual amount of remuneration and other compensation for the eligible directors is capped at ¥100 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
For Restricted Stock I and II, from 13 July 2026 until the date on which the recipient ceases to be a director, or a director or executive officer, respectively. For Restricted Stock III, from 13 July 2026 through 22 June 2029.
Conditions for lifting transfer restrictions
For Restricted Stock I, the recipient must remain a director until the first ensuing Annual General Meeting of Shareholders. For Restricted Stock II, the recipient must remain a director or executive officer until that meeting. For Restricted Stock III, the recipient must remain a director, executive officer or employee through 22 June 2029. If the recipient ceases to hold office or employment for a valid reason, the restrictions will be partially lifted in proportion to the number of months in office or employment.
Reason for acquisition without consideration
If the recipient ceases to hold office before the specified first Annual General Meeting of Shareholders without a valid reason, or if any shares remain subject to restrictions when the restricted transfer period expires. Shares for which the restrictions are not lifted in connection with a corporate reorganization or other similar event will also be acquired without consideration.
Stock Split RatioImplemented effective 1 December 2025. Split ratio: not disclosed.
Categories and Number of Persons Covered
5 directors: 12,000 shares; 9 executive officers: 15,000 shares; 18 employees holding positions: 13,500 shares
Intended allottee's holding policy
During the restricted period, the recipients may not transfer the shares to any third party, create a pledge or security interest over them, make a lifetime gift or bequest, or otherwise dispose of them in any manner. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
Payment date
13 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 25 June 2026, ¥2,692. The discount and premium rates are 0%.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 40,500 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥2,692 per share |
| Total issue value | ¥109,026,000 |
| Amount of funds to be raised | Total amount paid: ¥109,026,000; estimated net proceeds: not disclosed |
| Payment date | 13 July 2026 |
| Intended allottee | Category 5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 12,000 shares, Category 9 executive officers / Number of Shares 15,000 shares, Category 18 employees holding positions / Number of Shares 13,500 shares |
| Intended allottee's holding policy | During the restricted period, the recipients may not transfer the shares to any third party, create a pledge or security interest over them, make a lifetime gift or bequest, or otherwise dispose of them in any manner. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 25 June 2026, ¥2,692. The discount and premium rates are 0%. |
| Transfer restriction period | For Restricted Stock I and II, from 13 July 2026 until the date on which the recipient ceases to be a director, or a director or executive officer, respectively. For Restricted Stock III, from 13 July 2026 through 22 June 2029. |
| Conditions for lifting transfer restrictions | For Restricted Stock I, the recipient must remain a director until the first ensuing Annual General Meeting of Shareholders. For Restricted Stock II, the recipient must remain a director or executive officer until that meeting. For Restricted Stock III, the recipient must remain a director, executive officer or employee through 22 June 2029. If the recipient ceases to hold office or employment for a valid reason, the restrictions will be partially lifted in proportion to the number of months in office or employment. |
| Reason for acquisition without consideration | If the recipient ceases to hold office before the specified first Annual General Meeting of Shareholders without a valid reason, or if any shares remain subject to restrictions when the restricted transfer period expires. Shares for which the restrictions are not lifted in connection with a corporate reorganization or other similar event will also be acquired without consideration. |
| Categories and Number of Persons Covered | 5 directors: 12,000 shares; 9 executive officers: 15,000 shares; 18 employees holding positions: 13,500 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥109,026,000. The total annual amount of remuneration and other compensation for the eligible directors is capped at ¥100 million. |
| Stock Split Ratio | Implemented effective 1 December 2025. Split ratio: not disclosed. |
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 increase recipients’ motivation and morale to contribute to enhancing corporate value and to promote the sharing of value with 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.