Worth reading
50Recurring
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
502500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of Treasury Shares Through a Third-Party Allotment
Who receives how much502,500Shares
502,500 shares of the Company’s common stock (treasury shares)
Nomura Trust and Banking Co., Ltd. (USS Employee Stock Ownership Plan Dedicated Trust Account)502,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,890.5 per share
Total issue value
¥949,976,250
Amount of funds to be raised
Total payment amount: ¥949,976,250; estimated net proceeds: Not disclosed
発行済株式総数
0.11% (of the number of issued shares and 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.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company’s shares on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,890.5. The deviations from the average closing price were 3.19% for the one-month period from 25 May 2026 to 22 June 2026, 7.60% for the three-month period from 23 March 2026 to 22 June 2026, and 7.29% for the six-month period from 23 December 2025 to 22 June 2026.
Procedures under the Corporate Code of Conduct
Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct a shareholder approval procedure as prescribed in Article 432 of the Tokyo Stock Exchange Securities Listing Regulations. All Audit & Supervisory Board members, including 3 outside Audit & Supervisory Board members, expressed the opinion that the disposal price does not constitute a particularly favorable price and that the Company’s decision-making process was reasonable and lawful.
| 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 | 502,500 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥1,890.5 per share |
| Total issue value | ¥949,976,250 |
| Amount of funds to be raised | Total payment amount: ¥949,976,250; estimated net proceeds: Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | Name Nomura Trust and Banking Co., Ltd. (USS Employee Stock Ownership Plan Dedicated Trust Account) / Number of Shares 502,500 shares |
| Dilution Rate | 0.11% (of the number of issued shares and total voting rights) |
| Total number of issued shares | 474,000,000 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 22 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥1,890.5. The deviations from the average closing price were 3.19% for the one-month period from 25 May 2026 to 22 June 2026, 7.60% for the three-month period from 23 March 2026 to 22 June 2026, and 7.29% for the six-month period from 23 December 2025 to 22 June 2026. |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct a shareholder approval procedure as prescribed in Article 432 of the Tokyo Stock Exchange Securities Listing Regulations. All Audit & Supervisory Board members, including 3 outside Audit & Supervisory Board members, expressed the opinion that the disposal price does not constitute a particularly favorable price and that the Company’s decision-making process was reasonable and lawful. |
Items this document does not state (17)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal 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 provide employees with incentives to enhance corporate value over the medium to long term, expand employee benefits, and raise employee motivation and promote the Company’s sustained development by enabling employees to participate in the capital of the Company as shareholders.
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.