Worth reading
60In 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
6390000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposition of treasury shares in connection with an additional contribution to the stock benefit trust (BBT and J-ESOP)
Who receives how much
6,390,000 common shares (1,190,000 shares for the BBT Trust and 5,200,000 shares for the J-ESOP Trust)
Japan Custody Bank, Ltd. (Trust E Account)6,390,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,389 per share
Amount of funds to be raised
Aggregate payment amount: ¥15,265,710,000; estimated net proceeds: Not disclosed
Specific use of funds
Additional trust funding for the BBT TrustAmount ¥2,842,910,000 / Scheduled timing of expenditures 28 May 2026
Additional trust funding for the J-ESOP TrustAmount ¥12,422,800,000 / Scheduled timing of expenditures 28 May 2026
発行済株式総数
2.17% of total shares issued and 2.45% 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
Eligible officers (the Company's directors, excluding outside directors, and executive officers, as well as the directors and executive officers of three operating companies) and all employees of the Company and its group subsidiaries who meet certain requirements. The number of eligible persons and the number of shares allocated by category are Not disclosed.
Intended allottee's holding policy
The trust account will hold and dispose of the Company's shares in operating the BBT and J-ESOP schemes.
Payment date
28 May 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, ¥2,389. No discount or premium rate was stated.
Most recent equity financing
Timing 9 August 2023 / Type Disposal of Treasury Shares Through Third-Party Allotment / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposition of treasury shares in connection with an additional contribution to the stock benefit trust (BBT and J-ESOP) |
| Number of shares to be issued or disposed of | 6,390,000 common shares (1,190,000 shares for the BBT Trust and 5,200,000 shares for the J-ESOP Trust) |
| Issue price and disposal price | ¥2,389 per share |
| Amount of funds to be raised | Aggregate payment amount: ¥15,265,710,000; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Additional trust funding for the BBT Trust / Amount ¥2,842,910,000 / Scheduled timing of expenditures 28 May 2026, Details Additional trust funding for the J-ESOP Trust / Amount ¥12,422,800,000 / Scheduled timing of expenditures 28 May 2026 |
| Payment date | 28 May 2026 |
| Intended allottee | Name Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 6,390,000 shares |
| Intended allottee's holding policy | The trust account will hold and dispose of the Company's shares in operating the BBT and J-ESOP schemes. |
| Dilution Rate | 2.17% of total shares issued and 2.45% of total voting rights |
| Total number of issued shares | 294,845,024 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 date of the Board of Directors' resolution, ¥2,389. No discount or premium rate was stated. |
| Categories and Number of Persons Covered | Eligible officers (the Company's directors, excluding outside directors, and executive officers, as well as the directors and executive officers of three operating companies) and all employees of the Company and its group subsidiaries who meet certain requirements. The number of eligible persons and the number of shares allocated by category are Not disclosed. |
| Most recent equity financing | Timing 9 August 2023 / Type Disposal of Treasury Shares Through Third-Party Allotment / Amount Not disclosed |
Items this document does not state (15)
Total issue valueEstimated 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 ConductMajor 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 continue the BBT and J-ESOP schemes, each trust will acquire the shares expected to be required for future benefits, and the trust account will be able to hold and dispose of the Company's shares for the operation of the schemes.
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.