Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
0.59
% (dilution rate relative to the total number of issued shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as stock-based compensation (employee incentive plan)
Who receives how much80,000Shares
80,000 shares of the Company’s common stock (treasury shares)
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))80,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥635 per share
Total issue value
¥50,800,000
発行済株式総数
0.59% (relative to the total number of issued shares), 0.63% (relative to the total number of 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
Designated employees are eligible. The number of eligible employees and the breakdown of shares allocated are Not disclosed.
Intended allottee's holding policy
The shares will be held in trust for delivery to employees who meet the beneficiary requirements, in accordance with the Share Delivery Rules under this plan.
Payment date
25 August 2026
Basis for determining the amount to be paid
The closing price of ¥635 on the Tokyo Stock Exchange on 6 August 2026, the business day immediately preceding the date of the Board of Directors’ resolution. There is no discount or premium to the closing price on the immediately preceding business day.
Procedures under the Corporate Code of Conduct
An independent third-party trust administrator, independent of the Company and its officers, will be appointed.
Most recent equity financing
Timing Related to the disclosure dated 5 February 2024 / Type Employee incentive plan / Amount Not disclosed
Impact on Business Performance
The Company believes that this plan will contribute to increasing its corporate value over the medium to long term. The Company also considers the impact of this disposal of treasury shares on the trading market to be minor.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as stock-based compensation (employee incentive plan) |
| Number of shares to be issued or disposed of | 80,000 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥635 per share |
| Total issue value | ¥50,800,000 |
| Payment date | 25 August 2026 |
| Intended allottee | Name Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) / Number of Shares 80,000 shares |
| Intended allottee's holding policy | The shares will be held in trust for delivery to employees who meet the beneficiary requirements, in accordance with the Share Delivery Rules under this plan. |
| Dilution Rate | 0.59% (relative to the total number of issued shares), 0.63% (relative to the total number of voting rights) |
| Total number of issued shares | 13,490,000 shares (as of 31 March 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥635 on the Tokyo Stock Exchange on 6 August 2026, the business day immediately preceding the date of the Board of Directors’ resolution. There is no discount or premium to the closing price on the immediately preceding business day. |
| Categories and Number of Persons Covered | Designated employees are eligible. The number of eligible employees and the breakdown of shares allocated are Not disclosed. |
| Procedures under the Corporate Code of Conduct | An independent third-party trust administrator, independent of the Company and its officers, will be appointed. |
| Most recent equity financing | Timing Related to the disclosure dated 5 February 2024 / Type Employee incentive plan / Amount Not disclosed |
| Impact on Business Performance | The Company believes that this plan will contribute to increasing its corporate value over the medium to long term. The Company also considers the impact of this disposal of treasury shares on the trading market to be minor. |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor 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 strengthen investment in human capital, enhance employee engagement, employees’ sense of belonging and awareness of participation in management, and awareness of performance and share price appreciation, thereby increasing 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.