Worth reading
48Recurring
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
150000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with the introduction of a Stock Benefit Trust (J-ESOP-RS)
発行・処分する株式数150,000Shares
150,000 common shares (treasury shares)
Intended allottee
Japan Custody Bank, Ltd. (Trust E Account)
¥3,095 per share
Total issue value
¥464,250,000
発行済株式総数
0.33% of total shares issued and 0.36% of 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.
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Transfer restriction period
For shares delivered to employees while they remain employed, until the employee’s retirement
Reason for acquisition without consideration
The disclosure states that a transfer restriction agreement containing certain provisions for the Company to acquire the shares for no consideration, among other provisions, will be entered into, but the specific acquisition conditions are Not disclosed
Categories and Number of Persons Covered
Employees of the Company and its subsidiaries. The number of employees is Not disclosed.
Intended allottee's holding policy
The shares will be held and disposed of to provide benefits to employees under the plan. Shares delivered to employees while they remain employed will be subject to restrictions on disposal, including transfers, until their retirement.
Payment date
30 October 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors’ resolution was ¥3,095. No discount or premium.
Impact on Business Performance
The measure is expected to heighten employees’ interest in improving the share price and business performance and contribute to their engaging in their duties with greater motivation than before. The financial impact is Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with the introduction of a Stock Benefit Trust (J-ESOP-RS) |
| Number of shares to be issued or disposed of | 150,000 common shares (treasury shares) |
| Issue price and disposal price | ¥3,095 per share |
| Total issue value | ¥464,250,000 |
| Payment date | 30 October 2026 |
| Intended allottee | Japan Custody Bank, Ltd. (Trust E Account) |
| Intended allottee's holding policy | The shares will be held and disposed of to provide benefits to employees under the plan. Shares delivered to employees while they remain employed will be subject to restrictions on disposal, including transfers, until their retirement. |
| Dilution Rate | 0.33% of total shares issued and 0.36% of total voting rights |
| Total number of issued shares | 45,609,761 shares (as of 31 August 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors’ resolution was ¥3,095. No discount or premium. |
| Transfer restriction period | For shares delivered to employees while they remain employed, until the employee’s retirement |
| Reason for acquisition without consideration | The disclosure states that a transfer restriction agreement containing certain provisions for the Company to acquire the shares for no consideration, among other provisions, will be entered into, but the specific acquisition conditions are Not disclosed |
| Categories and Number of Persons Covered | Employees of the Company and its subsidiaries. The number of employees is Not disclosed. |
| Impact on Business Performance | The measure is expected to heighten employees’ interest in improving the share price and business performance and contribute to their engaging in their duties with greater motivation than before. The financial impact is Not disclosed |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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 strengthen the linkage between the share price and business performance and employee compensation, and to enhance employees’ motivation and morale to improve the share price and business performance by sharing the economic benefits with shareholders. In addition, to secure treasury shares equivalent to the number of shares expected to be delivered to employees during the trust period.
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.