Komori
Share Issuance and Disposal1885TOA CORPORATIONConstruction and Materials

Notice concerning the disposal of treasury shares by third-party allotment in connection with additional contributions to the Stock Benefit Trust (BBT) and Stock Benefit Trust (J-ESOP)

The Company resolved to dispose of 1.7 million treasury shares through a third-party allotment to the trust account to fund future share deliveries in order to continue BBT and J-ESOP. The allocation comprises 900,000 shares for 37 directors and executive officers and 800,000 shares for 1,866 employees. The actual number of shares delivered will vary depending on performance, length of service and other factors.

Worth reading
63In focus
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
1700000
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares through a third-party allotment

Who receives how much

普通株式1,700,000株(取締役および執行役員分900,000株、従業員分800,000株)

Japan Custody Bank, Ltd. (Trust E Account)1,700,000 shares
当社の取締役および執行役員37名900,000 shares
当社の従業員1,866名800,000 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

1株につき4,070円
Total issue value6,919,000,000Yen
Amount of funds to be raised
払込金額の総額6,919,000,000円、差引手取概算額 Not disclosed
Specific use of funds
Additional contribution to the BBT TrustAmount 3,663,000,000円 / Scheduled timing of expenditures 18 March 2026
Additional contribution to the J-ESOP TrustAmount 3,056,000,000円 / Scheduled timing of expenditures 18 March 2026
発行済株式総数

発行済株式総数に対して1.93%、総議決権個数に対して2.11%

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
取締役および執行役員37名・900,000株、従業員1,866名・800,000株
Payment date
18 March 2026
Basis for determining the amount to be paid
取締役会決議日の直前営業日の東京証券取引所における終値4,070円。直近1か月間の終値平均3,715円に対して109.56%、直近3か月間の終値平均3,207円に対して126.91%、直近6か月間の終値平均2,708円に対して150.30%。
Procedures under the Corporate Code of Conduct
希薄化率が25%未満で、支配株主の異動を伴わないため、独立第三者からの意見入手および株主の意思確認手続は不要。なお、監査等委員会は特に有利な処分価額に該当しない旨の意見を表明。
Most recent equity financing
Timing 2023年2月8日 / Type J-ESOP制度導入および第三者割当による自己株式の処分 / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares through a third-party allotment
Number of shares to be issued or disposed of普通株式1,700,000株(取締役および執行役員分900,000株、従業員分800,000株)
Issue price and disposal price1株につき4,070円
Total issue value6,919,000,000円
Amount of funds to be raised払込金額の総額6,919,000,000円、差引手取概算額 Not disclosed
Specific use of fundsDetails Additional contribution to the BBT Trust / Amount 3,663,000,000円 / Scheduled timing of expenditures 18 March 2026, Details Additional contribution to the J-ESOP Trust / Amount 3,056,000,000円 / Scheduled timing of expenditures 18 March 2026
Payment date18 March 2026
Intended allotteeName Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 1,700,000 shares, Name 当社の取締役および執行役員37名 / Number of Shares 900,000 shares, Name 当社の従業員1,866名 / Number of Shares 800,000 shares
Dilution Rate発行済株式総数に対して1.93%、総議決権個数に対して2.11%
Total number of issued shares87,978,516 shares → Not disclosed
Basis for determining the amount to be paid取締役会決議日の直前営業日の東京証券取引所における終値4,070円。直近1か月間の終値平均3,715円に対して109.56%、直近3か月間の終値平均3,207円に対して126.91%、直近6か月間の終値平均2,708円に対して150.30%。
Categories and Number of Persons Covered取締役および執行役員37名・900,000株、従業員1,866名・800,000株
Procedures under the Corporate Code of Conduct希薄化率が25%未満で、支配株主の異動を伴わないため、独立第三者からの意見入手および株主の意思確認手続は不要。なお、監査等委員会は特に有利な処分価額に該当しない旨の意見を表明。
Most recent equity financingTiming 2023年2月8日 / Type J-ESOP制度導入および第三者割当による自己株式の処分 / Amount Not disclosed
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 RatioMajor 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.

本制度の継続に当たり、将来の給付に必要と見込まれる株式を本信託が取得するため。処分数量は、2026年3月末日で終了する事業年度から2028年3月末日で終了する事業年度までの3事業年度に、取締役等および従業員へ給付すると見込まれる株式数に相当する。

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.
Notice concerning the disposal of treasury shares by third-party allotment in connection with additional contributions to the Stock Benefit Trust (BBT) and Stock Benefit Trust (J-ESOP) | TOA CORPORATION (1885) timely disclosure | Komori