{"id":113349,"date":"2026-09-14T13:03:02","date_gmt":"2026-09-14T04:03:02","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3892-20260914-01_wp_stock_option\/"},"modified":"2026-09-21T21:59:19","modified_gmt":"2026-09-21T12:59:19","slug":"3892-20260914-01_wp_stock_option","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3892\/ir\/3892-20260914-01_wp_stock_option\/","title":{"rendered":"Notice of Disposal of Treasury Stock as Stock-based Compensation with Transfer Restrictions"},"content":{"rendered":"<p>As stock-based compensation with transfer restrictions, 6,900 shares are allocated to four directors as cash compensation rights, with total cash compensation rights of 10,681,200 yen, a transfer restriction period of 20 years, and the start of the period on 2026\/10\/1, with conditions for transfer restriction\u89e3\u9664 at the end of the period.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3892","jir_company_name":"Okayama Paper Industries Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/3892-20260914-01.pdf","jir_short_summary":"As stock-based compensation with transfer restrictions, 6,900 shares are allocated to four directors as cash compensation rights, with total cash compensation rights of 10,681,200 yen, a transfer restriction period of 20 years, and the start of the period on 2026\/10\/1, with conditions for transfer restriction\u89e3\u9664 at the end of the period.","jir_summary":"### Outline of the system\nThe company has decided to implement a treasury stock allocation as stock-based compensation, paying cash remuneration rights to four directors and allocating transfer-restricted stock via in-kind contribution. The transfer restriction period is 20 years, and the four recipients are directors who are not Audit & Supervisory Committee members or outside directors.\n\n### Grant agreement and conditions\nDetails include the transfer restriction period for the allocated shares from 2026\/10\/1 to 2046\/9\/30, handling upon departure, conditions for\u89e3\u9664 of transfer restrictions, treatment in case of organizational restructuring, and opening of stock management accounts.","jir_financial_highlights":"Transfer-restricted stock allocation shares: 6,900 shares (Unknown)\nCash remuneration rights: 10,681,200 yen (Unknown)\nShare price baseline: 1,548 yen (Unknown)","jir_category":"","jir_hashtags":"#Okamapaper_treasury_stock_disposal, #Transfer-restricted_stock_compensation","jir_key_figures":"6,900 shares: allocated shares\n10,681,200 yen: total cash remuneration rights\n1,548 yen: share price baseline (basis for disposal price)","jir_meta_title":"Okamapaper Treasury Stock Disposal via Transfer-Restricted Stock Compensation\uff5cOctober 2026","jir_meta_description":"Okamapaper resolved to allocate treasury stock to four directors as transfer-restricted stock-based compensation. Total cash remuneration rights amount to 10,681,200 yen, allocated shares are 6,900, and transfer restriction period is 20 years. Share price baseline is 1,548 yen.","jir_og_title":"Okamapaper Decision on Treasury Stock Disposal\uff5cOctober 2026","jir_og_description":"Allocate 6,900 shares as stock-based compensation with transfer restrictions, total of 10,681,200 yen. Transfer restriction period is 20 years; share price baseline is 1,548 yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59085,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"stock_option","footnotes":""},"sector":[],"importance":[],"class_list":["post-113349","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Disposal of Treasury Stock as Stock-based Compensation with Transfer Restrictions - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3892\/ir\/3892-20260914-01_wp_stock_option\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3892\/ir\/3892-20260914-01_wp_stock_option\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3892\/ir\/3892-20260914-01_wp_stock_option\/\",\"name\":\"Notice of Disposal of Treasury Stock as Stock-based Compensation with Transfer Restrictions - 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