Worth reading
53Recurring
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
37300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of Treasury Shares Through a Third-Party Allotment
Who receives how much37,300Shares
37,300 shares of common stock held as treasury shares
Japan Custody Bank, Ltd. (trust account), 37,300 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥4,455 per share
Total issue value
¥166,171,500
Amount of funds to be raised
Total payment amount: ¥166,171,500; estimated net proceeds: Not disclosed
Specific use of funds
Funds for the trust to additionally acquire the Company's shares (additional contribution to the Stock Benefit Trust for Officers)Amount ¥150,000,000 / Scheduled timing of expenditures 24 August 2026 (scheduled)
発行済株式総数
0.31% (as a percentage of the 12,078,283 issued shares as of 31 March 2026; also 0.31% of the 119,161 total voting rights)
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.
Categories and Number of Persons Covered
Among the Company's directors (excluding outside directors and non-residents of Japan) and executive officers (excluding non-residents of Japan), those who meet the beneficiary eligibility requirements. The breakdown by category of number of people and shares allotted is Not disclosed
Payment date
24 August 2026
Basis for determining the amount to be paid
The closing price of the Company's shares on the Tokyo Stock Exchange on 6 August 2026 was ¥4,455. This was 1.57% below the average closing price of ¥4,526 for the preceding one-month period from 7 July to 6 August 2026, 0.79% above the average of ¥4,420 for the preceding three-month period from 7 May to 6 August 2026, and 5.49% below the average of ¥4,714 for the preceding six-month period from 7 February to 6 August 2026.
Procedures under the Corporate Code of Conduct
As the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and procedures to confirm shareholder intentions are not required. The four Audit & Supervisory Board Members, including 2 outside Audit & Supervisory Board Members, expressed their opinions on the disposal price.
Impact on Business Performance
The Company believes that the program will contribute to improved performance and increased corporate value over the medium to long term. It has determined that the number of shares disposed of and the scale of dilution resulting from this disposal of treasury shares are reasonable and that the impact on the secondary market will be minor.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of Treasury Shares Through a Third-Party Allotment |
| Number of shares to be issued or disposed of | 37,300 shares of common stock held as treasury shares |
| Issue price and disposal price | ¥4,455 per share |
| Total issue value | ¥166,171,500 |
| Amount of funds to be raised | Total payment amount: ¥166,171,500; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Funds for the trust to additionally acquire the Company's shares (additional contribution to the Stock Benefit Trust for Officers) / Amount ¥150,000,000 / Scheduled timing of expenditures 24 August 2026 (scheduled) |
| Payment date | 24 August 2026 |
| Intended allottee | Japan Custody Bank, Ltd. (trust account), 37,300 shares |
| Dilution Rate | 0.31% (as a percentage of the 12,078,283 issued shares as of 31 March 2026; also 0.31% of the 119,161 total voting rights) |
| Total number of issued shares | 12,078,283 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's shares on the Tokyo Stock Exchange on 6 August 2026 was ¥4,455. This was 1.57% below the average closing price of ¥4,526 for the preceding one-month period from 7 July to 6 August 2026, 0.79% above the average of ¥4,420 for the preceding three-month period from 7 May to 6 August 2026, and 5.49% below the average of ¥4,714 for the preceding six-month period from 7 February to 6 August 2026. |
| Categories and Number of Persons Covered | Among the Company's directors (excluding outside directors and non-residents of Japan) and executive officers (excluding non-residents of Japan), those who meet the beneficiary eligibility requirements. The breakdown by category of number of people and shares allotted is Not disclosed |
| Procedures under the Corporate Code of Conduct | As the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and procedures to confirm shareholder intentions are not required. The four Audit & Supervisory Board Members, including 2 outside Audit & Supervisory Board Members, expressed their opinions on the disposal price. |
| Impact on Business Performance | The Company believes that the program will contribute to improved performance and increased corporate value over the medium to long term. It has determined that the number of shares disposed of and the scale of dilution resulting from this disposal of treasury shares are reasonable and that the impact on the secondary market will be minor. |
Items this document does not state (14)
Estimated issuance expensesIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 make an additional contribution to the trust to provide the funds needed for the trust to acquire the shares expected to be required for future benefits. The Company believes that the program will contribute to improved performance and increased corporate value over the medium to long term.
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.