Worth reading
68In 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
1.74
% (as a percentage of shares outstanding)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of Treasury Shares Through a Third-Party Allotment
Who receives how much25,000Shares
25,000 treasury shares
株式会社三好商会25,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,270 per share
Total issue value
¥56,750,000
Amount of funds to be raised
Total payment amount: ¥56,750,000; estimated net proceeds: ¥56,750,000
Estimated issuance expenses
- yen
Specific use of funds
Payment for equipment purchases and other expensesScheduled timing of expenditures By the end of June 2026
発行済株式総数
1.74% of shares outstanding and 1.93% 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.
Offering structure
Major shareholders after the offering
Name 株式会社直木商事 / Shareholding ratio 25.49％Name TAIHEIYO CEMENT CORPORATION / Shareholding ratio 11.88％Name トーヨーアサノ取引先持株会 / Shareholding ratio 6.15％Name 株式会社静岡銀行 / Shareholding ratio 3.88％Name Neturen Co.,Ltd. / Shareholding ratio 2.79％Name SANKYO KASEI CORPORATION / Shareholding ratio 1.87％Name 株式会社三好商会 / Shareholding ratio 1.73％Name 丸幸商事株式会社 / Shareholding ratio 1.73％Name Uematsu Akiko (植松昭子) / Shareholding ratio 1.67％Name Sera Akihiro (世良彰裕) / Shareholding ratio 0.71％
Intended allottee's holding policy
The allottee intends to hold the Company’s shares acquired through this disposal of treasury shares over the medium to long term. The Company plans to obtain a written undertaking covering, among other matters, an obligation to report in writing to the Company if all or any of the shares are transferred within 2 years from the payment date.
Payment date
27 April 2026
Basis for determining the amount to be paid
The price of ¥2,270 represents a 2.99% discount to the closing price of ¥2,340 on the Tokyo Stock Exchange on 8 April 2026. It represents a 1.73% discount to the average price of ¥2,310 for the preceding 1 month, a 5.10% discount to the average price of ¥2,392 for the preceding 3 months, and a 3.90% discount to the average price of ¥2,362 for the preceding 6 months.
Procedures under the Corporate Code of Conduct
Because the dilution ratio is below 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions are not required under the Code of Corporate Conduct.
Impact on Business Performance
The impact of this third-party allotment on the Company’s results of operations will be immaterial.
| 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 | 25,000 treasury shares |
| Issue price and disposal price | ¥2,270 per share |
| Total issue value | ¥56,750,000 |
| Amount of funds to be raised | Total payment amount: ¥56,750,000; estimated net proceeds: ¥56,750,000 |
| Estimated issuance expenses | - yen |
| Specific use of funds | Details Payment for equipment purchases and other expenses / Amount Not disclosed / Scheduled timing of expenditures By the end of June 2026 |
| Payment date | 27 April 2026 |
| Intended allottee | Name 株式会社三好商会 / Number of Shares 25,000 shares |
| Intended allottee's holding policy | The allottee intends to hold the Company’s shares acquired through this disposal of treasury shares over the medium to long term. The Company plans to obtain a written undertaking covering, among other matters, an obligation to report in writing to the Company if all or any of the shares are transferred within 2 years from the payment date. |
| Dilution Rate | 1.74% of shares outstanding and 1.93% of total voting rights |
| Total number of issued shares | 1,440,840 shares → Not disclosed |
| Basis for determining the amount to be paid | The price of ¥2,270 represents a 2.99% discount to the closing price of ¥2,340 on the Tokyo Stock Exchange on 8 April 2026. It represents a 1.73% discount to the average price of ¥2,310 for the preceding 1 month, a 5.10% discount to the average price of ¥2,392 for the preceding 3 months, and a 3.90% discount to the average price of ¥2,362 for the preceding 6 months. |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is below 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions are not required under the Code of Corporate Conduct. |
| Major shareholders after the offering | Name 株式会社直木商事 / Shareholding ratio 25.49％, Name TAIHEIYO CEMENT CORPORATION / Shareholding ratio 11.88％, Name トーヨーアサノ取引先持株会 / Shareholding ratio 6.15％, Name 株式会社静岡銀行 / Shareholding ratio 3.88％, Name Neturen Co.,Ltd. / Shareholding ratio 2.79％, Name SANKYO KASEI CORPORATION / Shareholding ratio 1.87％, Name 株式会社三好商会 / Shareholding ratio 1.73％, Name 丸幸商事株式会社 / Shareholding ratio 1.73％, Name Uematsu Akiko (植松昭子) / Shareholding ratio 1.67％, Name Sera Akihiro (世良彰裕) / Shareholding ratio 0.71％ |
| Impact on Business Performance | The impact of this third-party allotment on the Company’s results of operations will be immaterial. |
Items this document does not state (12)
Exercise 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 financing
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 strengthen the cooperative relationship with 株式会社三好商会, a major business partner, and reinforce sales cooperation across the Kanto region, centered on Kanagawa Prefecture. The funds raised are also scheduled to be used to pay for equipment purchases and other expenses by the end of June 2026.
How to read this page
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