Worth reading
49Recurring
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
550000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as share-based compensation (Employee Incentive Plan (RS Trust))
発行・処分する株式数550,000Shares
550,000 treasury shares
Intended allottee
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))
¥2,637.5 per share
発行済株式総数
0.09% (based on 580,129,069 issued shares as of 31 December 2025), and 0.10% of the total number of 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
Employees of the Company and its subsidiaries. The breakdown by category of recipients and allocated shares is not disclosed.
Payment date
19 May 2026
Basis for determining the amount to be paid
The closing price on the Tokyo Stock Exchange on 30 March 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥2,637.5. No discount or premium was stated.
Procedures under the Corporate Code of Conduct
The Company's Audit and Supervisory Committee (4 members, 3 of whom are outside directors) expressed the opinion that the basis for calculating the disposal price is reasonable, that the price does not constitute a disposal price particularly favorable to the planned recipient, and that the disposal is lawful. The trust administrator is an independent third party unaffiliated with the Company and its officers.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as share-based compensation (Employee Incentive Plan (RS Trust)) |
| Number of shares to be issued or disposed of | 550,000 treasury shares |
| Issue price and disposal price | ¥2,637.5 per share |
| Payment date | 19 May 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) |
| Dilution Rate | 0.09% (based on 580,129,069 issued shares as of 31 December 2025), and 0.10% of the total number of voting rights |
| Total number of issued shares | 580,129,069 shares (as of 31 December 2025) → Not disclosed |
| Basis for determining the amount to be paid | The closing price on the Tokyo Stock Exchange on 30 March 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥2,637.5. No discount or premium was stated. |
| Categories and Number of Persons Covered | Employees of the Company and its subsidiaries. The breakdown by category of recipients and allocated shares is not disclosed. |
| Procedures under the Corporate Code of Conduct | The Company's Audit and Supervisory Committee (4 members, 3 of whom are outside directors) expressed the opinion that the basis for calculating the disposal price is reasonable, that the price does not constitute a disposal price particularly favorable to the planned recipient, and that the disposal is lawful. The trust administrator is an independent third party unaffiliated with the Company and its officers. |
Items this document does not state (18)
Total issue valueAmount 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 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.To clarify the linkage between employee compensation and the value of the Company's shares and, over the medium to long term, contribute to enhancing corporate value. The number of shares also corresponds to the number expected to be delivered to employees during the extended trust period.
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.