Worth reading
47Recurring
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
43500
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares under an employee incentive plan (share grant ESOP trust)
Who receives how much43,500Shares
43,500 common shares (treasury shares)
The Master Trust Bank of Japan, Ltd. (ESOP Trust Account for Share Grants)43,500 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥913 per share
発行済株式総数
0.09% of the total number of issued shares (0.10% of the 443,243 total voting rights as of 30 June 2026)
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
The Company’s and its Group employees (the breakdown of the number of employees and shares allocated is Not disclosed)
Intended allottee's holding policy
The shares will be granted to employees in accordance with the share grant rules. The disposal shares are not expected to be released into the stock market all at once.
Payment date
19 November 2026
Basis for determining the amount to be paid
The closing price of ¥913 on the Tokyo Stock Exchange on 29 October 2026, the business day preceding the date of the Board of Directors’ resolution. As this was the market price immediately preceding the transaction, it was considered highly objective and reasonable. No discount or premium.
Procedures under the Corporate Code of Conduct
Because the dilution rate is less than 25% and there will be no change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholder intent as stipulated in Article 432 of the Tokyo Stock Exchange’s Rules for Listing of Securities. All 3 members of the Audit and Supervisory Committee, including 2 outside directors, expressed the opinion that the basis for calculating the disposal price was reasonable and that the disposal price did not constitute a particularly favorable disposal price.
Impact on Business Performance
To increase awareness of improving medium- to long-term performance and raising the share price, thereby enhancing corporate value over the medium to long term. The impact on the stock market is minor. The impact in monetary terms is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares under an employee incentive plan (share grant ESOP trust) |
| Number of shares to be issued or disposed of | 43,500 common shares (treasury shares) |
| Issue price and disposal price | ¥913 per share |
| Payment date | 19 November 2026 |
| Intended allottee | Name The Master Trust Bank of Japan, Ltd. (ESOP Trust Account for Share Grants) / Number of Shares 43,500 shares |
| Intended allottee's holding policy | The shares will be granted to employees in accordance with the share grant rules. The disposal shares are not expected to be released into the stock market all at once. |
| Dilution Rate | 0.09% of the total number of issued shares (0.10% of the 443,243 total voting rights as of 30 June 2026) |
| Basis for determining the amount to be paid | The closing price of ¥913 on the Tokyo Stock Exchange on 29 October 2026, the business day preceding the date of the Board of Directors’ resolution. As this was the market price immediately preceding the transaction, it was considered highly objective and reasonable. No discount or premium. |
| Categories and Number of Persons Covered | The Company’s and its Group employees (the breakdown of the number of employees and shares allocated is Not disclosed) |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is less than 25% and there will be no change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholder intent as stipulated in Article 432 of the Tokyo Stock Exchange’s Rules for Listing of Securities. All 3 members of the Audit and Supervisory Committee, including 2 outside directors, expressed the opinion that the basis for calculating the disposal price was reasonable and that the disposal price did not constitute a particularly favorable disposal price. |
| Impact on Business Performance | To increase awareness of improving medium- to long-term performance and raising the share price, thereby enhancing corporate value over the medium to long term. The impact on the stock market is minor. The impact in monetary terms is Not disclosed. |
Items this document does not state (17)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise 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.To enhance the welfare benefits available to the Company’s and its Group employees, foster a stronger sense of affiliation with the Company and participation in management, and increase awareness of improving medium- to long-term performance and raising the share price, thereby enhancing corporate value over the medium to long term.
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.