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
0.13
% (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 as stock compensation
Who receives how much42,500Shares
42,500 common shares of the Company (treasury shares)
Sumitomo Mitsui Trust Bank, Limited (Trust Account) (re-trustee: Japan Custody Bank, Ltd. (Trust Account)), 42,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥5,402 per share
Total issue value
¥229,585,000
発行済株式総数
0.13% (based on the total number of issued shares of 32,068,117 as of 31 March 2026; the ratio relative to the 314,919 total voting rights is also 0.13%)
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
Directors and others who meet the beneficiary eligibility requirements (the breakdown by number of recipients and shares allocated is Not disclosed)
Payment date
19 August 2026
Basis for determining the amount to be paid
The closing price on the Tokyo Stock Exchange on 3 August 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥5,402. No discount or premium is stated.
Procedures under the Corporate Code of Conduct
An independent third party, separate from the Company and its officers, will be appointed as trust administrator.
Impact on Business Performance
The Company believes that the plan will contribute to an increase in its corporate value over the medium to long term. It has determined that the number of shares disposed of and the scale of dilution resulting from this disposal of treasury shares are reasonable and that the impact on the secondary market will be minimal.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as stock compensation |
| Number of shares to be issued or disposed of | 42,500 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥5,402 per share |
| Total issue value | ¥229,585,000 |
| Payment date | 19 August 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (Trust Account) (re-trustee: Japan Custody Bank, Ltd. (Trust Account)), 42,500 shares |
| Dilution Rate | 0.13% (based on the total number of issued shares of 32,068,117 as of 31 March 2026; the ratio relative to the 314,919 total voting rights is also 0.13%) |
| Total number of issued shares | 32,068,117 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price on the Tokyo Stock Exchange on 3 August 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥5,402. No discount or premium is stated. |
| Categories and Number of Persons Covered | Directors and others who meet the beneficiary eligibility requirements (the breakdown by number of recipients and shares allocated is Not disclosed) |
| Procedures under the Corporate Code of Conduct | An independent third party, separate from the Company and its officers, will be appointed as trust administrator. |
| Impact on Business Performance | The Company believes that the plan will contribute to an increase in its corporate value over the medium to long term. It has determined that the number of shares disposed of and the scale of dilution resulting from this disposal of treasury shares are reasonable and that the impact on the secondary market will be minimal. |
Items this document does not state (16)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor 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 linkage between the compensation of directors and others and the value of the Company's shares, and to share with shareholders the benefits and risks arising from share price fluctuations, thereby raising awareness of the need to improve performance and increase corporate value over the medium to long term.
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.