Worth reading
42Recurring
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
524300
decrease in sharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares through a third-party allotment (restricted stock for the employee stock ownership association)
Who receives how much214,000Shares
214,000 shares of the Company's common stock (treasury shares)
Toyo Seikan Group Holdings, Ltd. Employee Investment Association, 214,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,830 per share
Total issue value
¥819,620,000
Categories and Number of Persons Covered
Employees of the Company and its subsidiaries (number of people: Not disclosed)
Payment date
14 May 2026
Procedures under the Corporate Code of Conduct
Filing of an extraordinary report under the Financial Instruments and Exchange Act
Impact on Business Performance
There will be no impact on the Company's consolidated results for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares through a third-party allotment (restricted stock for the employee stock ownership association) |
| Number of shares to be issued or disposed of | 214,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,830 per share |
| Total issue value | ¥819,620,000 |
| Payment date | 14 May 2026 |
| Intended allottee | Toyo Seikan Group Holdings, Ltd. Employee Investment Association, 214,000 shares |
| Categories and Number of Persons Covered | Employees of the Company and its subsidiaries (number of people: Not disclosed) |
| Procedures under the Corporate Code of Conduct | Filing of an extraordinary report under the Financial Instruments and Exchange Act |
| Impact on Business Performance | There will be no impact on the Company's consolidated results for the fiscal year ending March 2027. |
Items this document does not state (19)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise 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.The number of members of the employee stock ownership association who agreed to the restricted stock grant program for employees of the Company and its subsidiaries through the association was determined.
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.