Worth reading
37Immaterial
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
3810
Shares (maximum)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares through a third-party allotment (stock grant through the employee shareholding association)
発行・処分する株式数3,810Shares
3,810 shares of the Company's common stock (maximum)
Intended allottee
西川ゴム工業 Employee Shareholding Association
¥3,210 per share
Total issue value
¥12,230,100 (maximum)
Total Stock-Based Compensation
The amount of the special incentive payment is Not disclosed
発行済株式総数
0.01% of total shares issued and 0.01% of total voting rights (both based on the maximum number of shares)
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
Employees who are members of the employee shareholding association. The number of employees is Not disclosed
Intended allottee's holding policy
Members may freely withdraw their allocated shares to securities accounts held in their individual names. Other holding policies and lock-up arrangements are Not disclosed
Payment date
2 July 2026
Basis for determining the amount to be paid
The closing price of ¥3,210 on the Tokyo Stock Exchange Standard Market on 13 May 2026, the business day preceding the date of the Board of Directors' resolution. This represented a discount of 1.23% to the one-month average of ¥3,250, a discount of 14.35% to the three-month average of ¥3,748, and a discount of 9.07% to the six-month average of ¥3,530.
Procedures under the Corporate Code of Conduct
Because the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders' intentions are not required.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares through a third-party allotment (stock grant through the employee shareholding association) |
| Number of shares to be issued or disposed of | 3,810 shares of the Company's common stock (maximum) |
| Issue price and disposal price | ¥3,210 per share |
| Total issue value | ¥12,230,100 (maximum) |
| Payment date | 2 July 2026 |
| Intended allottee | 西川ゴム工業 Employee Shareholding Association |
| Intended allottee's holding policy | Members may freely withdraw their allocated shares to securities accounts held in their individual names. Other holding policies and lock-up arrangements are Not disclosed |
| Dilution Rate | 0.01% of total shares issued and 0.01% of total voting rights (both based on the maximum number of shares) |
| Total number of issued shares | 37,000,000 shares as of 1 April 2026 → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥3,210 on the Tokyo Stock Exchange Standard Market on 13 May 2026, the business day preceding the date of the Board of Directors' resolution. This represented a discount of 1.23% to the one-month average of ¥3,250, a discount of 14.35% to the three-month average of ¥3,748, and a discount of 9.07% to the six-month average of ¥3,530. |
| Categories and Number of Persons Covered | Employees who are members of the employee shareholding association. The number of employees is Not disclosed |
| Total Stock-Based Compensation | The amount of the special incentive payment is Not disclosed |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders' intentions are not required. |
Items this document does not state (15)
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 considerationUnderwriter / 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.The Company will grant a special incentive payment to members of the employee shareholding association to increase their motivation to contribute to enhancing corporate value and encourage further enrollment in the association.
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.