Worth reading
62In 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
168000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares (additional contribution to the Share-Based Benefit Trust (BBT))
Who receives how much168,000Shares
168,000 common shares (treasury shares)
Japan Custody Bank, Ltd. (Trust E Account)168,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥888 per share
Total issue value
Total issue amount ¥149,184,000
Amount of funds to be raised
Total payment amount ¥149,184,000; estimated net proceeds Not disclosed
Specific use of funds
Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continuesAmount Total issue amount ¥149,184,000 / Scheduled timing of expenditures 25 November 2026
発行済株式総数
0.73% of total issued shares and 0.82% 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.
Categories and Number of Persons Covered
The company's directors, excluding outside directors and Audit & Supervisory Board members, and executive officers. Number Not disclosed.
Intended allottee's holding policy
The trust account will hold and dispose of the company's shares to administer the plan. The shares will be used for benefit payments to directors and other eligible persons.
Payment date
25 November 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 board resolution date was ¥888. No discount or premium.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares (additional contribution to the Share-Based Benefit Trust (BBT)) |
| Number of shares to be issued or disposed of | 168,000 common shares (treasury shares) |
| Issue price and disposal price | ¥888 per share |
| Total issue value | Total issue amount ¥149,184,000 |
| Amount of funds to be raised | Total payment amount ¥149,184,000; estimated net proceeds Not disclosed |
| Specific use of funds | Details Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continues / Amount Total issue amount ¥149,184,000 / Scheduled timing of expenditures 25 November 2026 |
| Payment date | 25 November 2026 |
| Intended allottee | Name Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 168,000 shares |
| Intended allottee's holding policy | The trust account will hold and dispose of the company's shares to administer the plan. The shares will be used for benefit payments to directors and other eligible persons. |
| Dilution Rate | 0.73% of total issued shares and 0.82% of total voting rights |
| Total number of issued shares | 22,890,829 shares → 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 board resolution date was ¥888. No discount or premium. |
| Categories and Number of Persons Covered | The company's directors, excluding outside directors and Audit & Supervisory Board members, and executive officers. Number Not disclosed. |
Items this document does not state (15)
Estimated issuance expensesExercise 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 make an additional contribution for the trust to acquire shares expected to be needed for future benefit payments, and to hold and dispose of the company's shares as necessary to administer the plan.
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.