Worth reading
54Recurring
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
1614300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of Treasury Shares Through a Third-Party Allotment
Who receives how much1,614,300Shares
1,614,300 common shares (treasury shares)
Japan Master Trust Bank, Ltd. (Executive Compensation BIP Trust Account): 1,614,300 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥4,591 per share
Total issue value
¥7,411,251,300
Amount of funds to be raised
Total payment amount: ¥7,411,251,300; estimated net proceeds: Not disclosed
発行済株式総数
0.94% of the total number of issued shares; 0.99% of the total number of voting rights as of 30 June 2026
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
Eligible directors. The number of eligible directors and the breakdown of allocated shares are Not disclosed.
Intended allottee's holding policy
The shares will be delivered to the eligible directors in accordance with the share-based compensation rules. The disposal shares are not expected to enter the stock market all at once.
Payment date
20 August 2026
Basis for determining the amount to be paid
The closing price of the Company’s shares on the Tokyo Stock Exchange on 29 July 2026 was ¥4,591. No discount or premium applies.
Procedures under the Corporate Code of Conduct
Because the dilution rate is less than 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions are not required. The Audit and Supervisory Committee confirmed that the disposal price does not constitute a particularly favorable price.
| 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 | 1,614,300 common shares (treasury shares) |
| Issue price and disposal price | ¥4,591 per share |
| Total issue value | ¥7,411,251,300 |
| Amount of funds to be raised | Total payment amount: ¥7,411,251,300; estimated net proceeds: Not disclosed |
| Payment date | 20 August 2026 |
| Intended allottee | Japan Master Trust Bank, Ltd. (Executive Compensation BIP Trust Account): 1,614,300 shares |
| Intended allottee's holding policy | The shares will be delivered to the eligible directors in accordance with the share-based compensation rules. The disposal shares are not expected to enter the stock market all at once. |
| Dilution Rate | 0.94% of the total number of issued shares; 0.99% of the total number of voting rights as of 30 June 2026 |
| Total number of issued shares | 171,268,593 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 29 July 2026 was ¥4,591. No discount or premium applies. |
| Categories and Number of Persons Covered | Eligible directors. The number of eligible directors and the breakdown of allocated shares are Not disclosed. |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is less than 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions are not required. The Audit and Supervisory Committee confirmed that the disposal price does not constitute a particularly favorable price. |
Items this document does not state (15)
Estimated 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 RatioMost 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 increase the eligible directors’ motivation to contribute to the enhancement of corporate value and share price over the medium to long term, strengthen competitiveness in recruiting and retaining diverse and talented personnel, promote a shared awareness of interests with shareholders, and enhance incentives to increase corporate value.
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.