Komori
Share Issuance and Disposal3641PAPYLESS CO.,LTD.Information and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares in Connection with the Continuation of the Share-Based Compensation Plan for Officers and the Introduction of a Share Incentive Plan for Employees

The company resolved to dispose of 380,000 treasury shares to the trust account in order to continue the share-based compensation plan for officers and introduce a share incentive plan for employees.

Worth reading
56In focus
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
380000
shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares in connection with the share-based compensation plan for officers and the share incentive plan for employees

発行・処分する株式数

A total of 380,000 shares of our common stock (180,000 shares for officers and 200,000 shares for employees)

Intended allottee
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))
¥955 per share
発行済株式総数

3.68% of the total number of issued shares as of 30 September 2026 and 4.89% of 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
180,000 shares for officers and 200,000 shares for employees. Number of people: Not disclosed
Payment date
1 December 2026
Basis for determining the amount to be paid
The closing price of ¥955 on the Tokyo Stock Exchange on 12 November 2026, the business day immediately preceding the date of the Board of Directors resolution. The closing price on the preceding business day represents the most recent market value and was judged to be highly objective and reasonable. No discount or premium.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares in connection with the share-based compensation plan for officers and the share incentive plan for employees
Number of shares to be issued or disposed ofA total of 380,000 shares of our common stock (180,000 shares for officers and 200,000 shares for employees)
Issue price and disposal price¥955 per share
Payment date1 December 2026
Intended allotteeSumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))
Dilution Rate3.68% of the total number of issued shares as of 30 September 2026 and 4.89% of the total number of voting rights
Basis for determining the amount to be paidThe closing price of ¥955 on the Tokyo Stock Exchange on 12 November 2026, the business day immediately preceding the date of the Board of Directors resolution. The closing price on the preceding business day represents the most recent market value and was judged to be highly objective and reasonable. No discount or premium.
Categories and Number of Persons Covered180,000 shares for officers and 200,000 shares for employees. Number of people: Not disclosed
Items this document does not state (20)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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 clarify the linkage between the compensation of directors and employees and the value of our shares, thereby contributing to the enhancement of corporate value over the medium to long term. The number of shares to be disposed of corresponds to the expected number of shares to be delivered, taking into account changes in the positions and composition of officers and the positions of employees.

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 in Connection with the Continuation of the Share-Based Compensation Plan for Officers and the Introduction of a Share Incentive Plan for Employees | PAPYLESS CO.,LTD. (3641) timely disclosure | Komori