Worth reading
56In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
11849
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares as restricted stock compensation
Who receives how much11,849Shares
11,849 common shares (new shares)
7 directors (excluding outside directors)11,849 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,579 per share
Total issue value
¥30,558,571
Amount of funds to be raised
Total amount paid in: ¥30,558,571 (estimated net proceeds: Not disclosed)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥30,558,571 (total remuneration receivables under the plan: no more than ¥80 million per year)
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
3 years (16 July 2026 to 15 July 2029)
Conditions for lifting transfer restrictions
In principle, the transfer restrictions will be lifted upon expiry of the transfer restriction period, provided that the eligible director has continuously held a position as a director, audit & supervisory board member, executive officer or employee of the Company or one of its subsidiaries throughout the period. In the event of retirement or resignation due to death, expiry of term of office, mandatory retirement or other legitimate reasons, the restrictions will be lifted in proportion to the number of months in office divided by 36. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted in accordance with the prescribed proportion.
Reason for acquisition without consideration
For any allocated shares whose transfer restrictions are not lifted, the Company will automatically acquire the shares without consideration immediately after it is determined that the transfer restrictions will not be lifted.
Categories and Number of Persons Covered
7 directors, excluding outside directors; 11,849 shares allocated
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 16 July 2026 to 15 July 2029.
Payment date
16 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 16 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,579. No discount or premium applies.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 11,849 common shares (new shares) |
| Issue price and disposal price | ¥2,579 per share |
| Total issue value | ¥30,558,571 |
| Amount of funds to be raised | Total amount paid in: ¥30,558,571 (estimated net proceeds: Not disclosed) |
| Payment date | 16 July 2026 |
| Intended allottee | Name 7 directors (excluding outside directors) / Number of Shares 11,849 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 16 July 2026 to 15 July 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 16 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,579. No discount or premium applies. |
| Transfer restriction period | 3 years (16 July 2026 to 15 July 2029) |
| Conditions for lifting transfer restrictions | In principle, the transfer restrictions will be lifted upon expiry of the transfer restriction period, provided that the eligible director has continuously held a position as a director, audit & supervisory board member, executive officer or employee of the Company or one of its subsidiaries throughout the period. In the event of retirement or resignation due to death, expiry of term of office, mandatory retirement or other legitimate reasons, the restrictions will be lifted in proportion to the number of months in office divided by 36. In the event of a corporate reorganization or similar transaction, the restrictions will also be lifted in accordance with the prescribed proportion. |
| Reason for acquisition without consideration | For any allocated shares whose transfer restrictions are not lifted, the Company will automatically acquire the shares without consideration immediately after it is determined that the transfer restrictions will not be lifted. |
| Categories and Number of Persons Covered | 7 directors, excluding outside directors; 11,849 shares allocated |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥30,558,571 (total remuneration receivables under the plan: no more than ¥80 million per year) |
Items this document does not state (14)
Estimated 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 provide incentives for the sustainable enhancement of corporate value and promote value sharing between the eligible directors and shareholders. The Company also took into consideration its performance, the scope of responsibilities of each eligible director and other relevant factors.
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.