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
0.3
Dilution rate (percentage of total shares issued, %)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with the introduction of a performance-linked stock compensation plan
Who receives how much129,000Shares
Treasury shares: 129,000 common shares
The Japan Custody Bank, Ltd. (Trust E Account), 129,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,794 per share
Total issue value
¥231,426,000
Amount of funds to be raised
Total payment amount: ¥231,426,000; estimated net proceeds: Not disclosed
発行済株式総数
0.30% of total issued shares and 0.33% 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
Directors, excluding outside directors, and delegated executive officers. Number of eligible persons and shares allocated by category: Not disclosed
Intended allottee's holding policy
The trust will hold and dispose of the Company's shares in operating the plan. The shares will be used to make deliveries to directors and other eligible officers.
Payment date
4 September 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 was ¥1,794. Discount rate/premium rate: Not disclosed
Procedures under the Corporate Code of Conduct
The Company will file an extraordinary report under the Financial Instruments and Exchange Act. A third party with no interest in the Company will be selected as the trust administrator.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with the introduction of a performance-linked stock compensation plan |
| Number of shares to be issued or disposed of | Treasury shares: 129,000 common shares |
| Issue price and disposal price | ¥1,794 per share |
| Total issue value | ¥231,426,000 |
| Amount of funds to be raised | Total payment amount: ¥231,426,000; estimated net proceeds: Not disclosed |
| Payment date | 4 September 2026 |
| Intended allottee | The Japan Custody Bank, Ltd. (Trust E Account), 129,000 shares |
| Intended allottee's holding policy | The trust will hold and dispose of the Company's shares in operating the plan. The shares will be used to make deliveries to directors and other eligible officers. |
| Dilution Rate | 0.30% of total issued shares and 0.33% of total voting rights |
| Total number of issued shares | 43,629,235 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 was ¥1,794. Discount rate/premium rate: Not disclosed |
| Categories and Number of Persons Covered | Directors, excluding outside directors, and delegated executive officers. Number of eligible persons and shares allocated by category: Not disclosed |
| Procedures under the Corporate Code of Conduct | The Company will file an extraordinary report under the Financial Instruments and Exchange Act. A third party with no interest in the Company will be selected as the trust administrator. |
Items this document does not state (15)
Estimated issuance expensesSpecific use of fundsExercise 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 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.Because the filing of the extraordinary report that was required to be submitted was delayed, the waiting period required before the extraordinary report became effective could not be secured. Accordingly, the initial disposal of treasury shares was cancelled and the disposal was redetermined.
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.