Worth reading
47Recurring
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
0.89
% (dilution rate relative to the total number of issued shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with the introduction of a stock-based compensation plan
Who receives how much108,000Shares
108,000 shares of the Company’s common stock (treasury shares)
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))108,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥833 per share
Total issue value
¥89,964,000
発行済株式総数
0.89% (relative to the total number of issued shares as of 30 June 2026), 0.91% (relative to the total number of voting rights as of the same date)
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. The number of eligible individuals was not stated. The number of shares allocated is 108,000.
Intended allottee's holding policy
The shares will be held in a trust established for this plan and delivered to beneficiaries in accordance with the share delivery rules.
Payment date
1 September 2026
Basis for determining the amount to be paid
The closing price of ¥833 on the Tokyo Stock Exchange on 13 August 2026, the business day immediately preceding the date of the Board of Directors’ resolution. No discount or premium rate was stated.
Procedures under the Corporate Code of Conduct
Approval was obtained at the 30th Annual General Meeting of Shareholders held on 30 March 2026. An independent third party, unaffiliated with the Company and its officers, is expected to be appointed as trust administrator.
Most recent equity financing
Timing 12 February 2026 / Type Board of Directors’ resolution concerning the introduction of a stock-based compensation plan / Amount Not disclosed
Impact on Business Performance
The Company believes that this plan will contribute to increasing its corporate value over the medium to long term. The Company considers that the impact of this disposal of treasury shares on the secondary market will be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with the introduction of a stock-based compensation plan |
| Number of shares to be issued or disposed of | 108,000 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥833 per share |
| Total issue value | ¥89,964,000 |
| Payment date | 1 September 2026 |
| Intended allottee | Name Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) / Number of Shares 108,000 shares |
| Intended allottee's holding policy | The shares will be held in a trust established for this plan and delivered to beneficiaries in accordance with the share delivery rules. |
| Dilution Rate | 0.89% (relative to the total number of issued shares as of 30 June 2026), 0.91% (relative to the total number of voting rights as of the same date) |
| Total number of issued shares | 12,163,800 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥833 on the Tokyo Stock Exchange on 13 August 2026, the business day immediately preceding the date of the Board of Directors’ resolution. No discount or premium rate was stated. |
| Categories and Number of Persons Covered | The Company’s directors, excluding outside directors. The number of eligible individuals was not stated. The number of shares allocated is 108,000. |
| Procedures under the Corporate Code of Conduct | Approval was obtained at the 30th Annual General Meeting of Shareholders held on 30 March 2026. An independent third party, unaffiliated with the Company and its officers, is expected to be appointed as trust administrator. |
| Most recent equity financing | Timing 12 February 2026 / Type Board of Directors’ resolution concerning the introduction of a stock-based compensation plan / Amount Not disclosed |
| Impact on Business Performance | The Company believes that this plan will contribute to increasing its corporate value over the medium to long term. The Company considers that the impact of this disposal of treasury shares on the secondary market will be immaterial. |
Items this document does not state (14)
Amount of funds to be raisedEstimated 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 RatioMajor 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 clarify the alignment between directors’ compensation and share value and to share with shareholders the benefits and risks arising from share-price fluctuations, thereby raising awareness of improving long-term performance and increasing 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.