Worth reading
42Recurring
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
4400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much4,400Shares
4,400 common shares (treasury shares)
3 of the Company's directors, excluding directors serving as Audit & Supervisory Committee Members and outside directors4,400 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,960 per share
Total issue value
¥17,424,000
Total Stock-Based Compensation
Monetary claims of up to ¥100 million per year (total monetary claims related to this disposal: ¥17,424,000)
発行済株式総数
No increase (disposal of treasury shares)
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 17 July 2026 until the later of the time immediately after the eligible individual's position as an officer or employee of the Company or its subsidiaries ends, or 1 July 2027
Conditions for lifting transfer restrictions
The individual must continuously hold a position as an officer or employee of the Company or its subsidiaries from the date on which duties commence until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter. In the event of departure or retirement for a valid reason, a certain number of shares will be released from the transfer restrictions; in the event of death or similar circumstances, the shares will be acquired without consideration.
Reason for acquisition without consideration
If the individual commits a violation of laws or regulations or otherwise falls under certain circumstances stipulated in the restricted stock allotment agreement during the restricted transfer period, if any shares remain subject to the transfer restrictions, in the event of departure or retirement due to death, and in certain cases of corporate reorganization or similar transactions.
Stock Split Ratio3 shares for each share, effective 1 April 2024
Categories and Number of Persons Covered
3 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors), 4,400 shares
Intended allottee's holding policy
During the restricted transfer period, transfers to third parties, the creation of pledges or security interests by way of transfer, gifts during the donor's lifetime, bequests and any other dispositions are prohibited.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,960. It was determined that this did not constitute a particularly favorable price.
Procedures under the Corporate Code of Conduct
The matter was referred to the Nomination and 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 | 4,400 common shares (treasury shares) |
| Issue price and disposal price | ¥3,960 per share |
| Total issue value | ¥17,424,000 |
| Payment date | 17 July 2026 |
| Intended allottee | Name 3 of the Company's directors, excluding directors serving as Audit & Supervisory Committee Members and outside directors / Number of Shares 4,400 shares |
| Intended allottee's holding policy | During the restricted transfer period, transfers to third parties, the creation of pledges or security interests by way of transfer, gifts during the donor's lifetime, bequests and any other dispositions are prohibited. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | No increase (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 Prime Market on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,960. It was determined that this did not constitute a particularly favorable price. |
| Transfer restriction period | From 17 July 2026 until the later of the time immediately after the eligible individual's position as an officer or employee of the Company or its subsidiaries ends, or 1 July 2027 |
| Conditions for lifting transfer restrictions | The individual must continuously hold a position as an officer or employee of the Company or its subsidiaries from the date on which duties commence until immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter. In the event of departure or retirement for a valid reason, a certain number of shares will be released from the transfer restrictions; in the event of death or similar circumstances, the shares will be acquired without consideration. |
| Reason for acquisition without consideration | If the individual commits a violation of laws or regulations or otherwise falls under certain circumstances stipulated in the restricted stock allotment agreement during the restricted transfer period, if any shares remain subject to the transfer restrictions, in the event of departure or retirement due to death, and in certain cases of corporate reorganization or similar transactions. |
| Categories and Number of Persons Covered | 3 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors), 4,400 shares |
| Total Stock-Based Compensation | Monetary claims of up to ¥100 million per year (total monetary claims related to this disposal: ¥17,424,000) |
| Stock Split Ratio | 3 shares for each share, effective 1 April 2024 |
| Procedures under the Corporate Code of Conduct | The matter was referred to the Nomination and Compensation Committee for consultation. |
Items this document does not state (11)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentMost 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 an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders. The measure is also intended to further increase the motivation of each eligible director.
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.