Worth reading
55In 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
69600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with additional contributions to the Stock Benefit Trusts (BBT and J-ESOP)
発行・処分する株式数69,600Shares
69,600 common shares (treasury shares)
Intended allottee
Japan Custody Bank, Ltd. (Trust E Account)
¥1,246 per share
Amount of funds to be raised
Total payment amount: ¥86,721,600; estimated net proceeds: Not disclosed
Specific use of funds
Acquisition of shares expected to be required for future stock benefits to directors and other eligible persons under the BBT program
Acquisition of shares expected to be required for future stock benefits to employees and other eligible persons under the J-ESOP program
発行済株式総数
1.74% of total shares issued and 1.78% 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
BBT: the Company's directors and executive officers, excluding outside directors and statutory auditors; J-ESOP: the Company's employees and directors and employees of the Company's subsidiaries. Number of eligible persons: Not disclosed
Payment date
27 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, ¥1,246. No discount or premium rate was disclosed.
Most recent equity financing
Timing 2 February 2021 / Type Disposal of treasury shares through a third-party allotment (at the time of introducing J-ESOP) / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with additional contributions to the Stock Benefit Trusts (BBT and J-ESOP) |
| Number of shares to be issued or disposed of | 69,600 common shares (treasury shares) |
| Issue price and disposal price | ¥1,246 per share |
| Amount of funds to be raised | Total payment amount: ¥86,721,600; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Acquisition of shares expected to be required for future stock benefits to directors and other eligible persons under the BBT program / Amount Not disclosed / Scheduled timing of expenditures Not disclosed, Details Acquisition of shares expected to be required for future stock benefits to employees and other eligible persons under the J-ESOP program / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | 27 May 2026 |
| Intended allottee | Japan Custody Bank, Ltd. (Trust E Account) |
| Dilution Rate | 1.74% of total shares issued and 1.78% of total voting rights |
| Total number of issued shares | 3,994,000 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, ¥1,246. No discount or premium rate was disclosed. |
| Categories and Number of Persons Covered | BBT: the Company's directors and executive officers, excluding outside directors and statutory auditors; J-ESOP: the Company's employees and directors and employees of the Company's subsidiaries. Number of eligible persons: Not disclosed |
| Most recent equity financing | Timing 2 February 2021 / Type Disposal of treasury shares through a third-party allotment (at the time of introducing J-ESOP) / Amount Not disclosed |
Items this document does not state (16)
Total issue valueEstimated issuance expensesIntended 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 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.Each trust will acquire the shares expected to be required for future benefits in order to continue the BBT and J-ESOP programs. The number of shares to be disposed of corresponds to the estimated number of shares to be provided over 3 fiscal years from the fiscal year ending March 2026 through the fiscal year ending March 2028 for BBT, and over 5 fiscal years through the fiscal year ending March 2030 for J-ESOP.
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.