Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
285400
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares through a third-party allotment (Stock Benefit Trust (BBT))
発行・処分する株式数285,400Shares
Treasury shares: common shares, 285,400 shares
Intended allottee
Japan Custody Bank, Ltd. (Trust E Account)
¥1,243 per share
Total issue value
¥354,752,200
発行済株式総数
0.48% of total shares issued and 0.49% 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. The number of eligible persons and shares allocated is not stated.
Intended allottee's holding policy
A trust account that will hold and dispose of the Company's shares in operating the plan. No specific holding period or lock-up is stated.
Payment date
31 August 2026
Basis for determining the amount to be paid
The closing price of ¥1,243 on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium is stated.
Most recent equity financing
Timing 12 October 2017 / Type Disposal of Treasury Shares Through a Third-Party Allotment / Amount Not disclosed, Timing 15 May 2025 / Type Resetting of the compensation framework for the Stock Benefit Trust (BBT) / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares through a third-party allotment (Stock Benefit Trust (BBT)) |
| Number of shares to be issued or disposed of | Treasury shares: common shares, 285,400 shares |
| Issue price and disposal price | ¥1,243 per share |
| Total issue value | ¥354,752,200 |
| Payment date | 31 August 2026 |
| Intended allottee | Japan Custody Bank, Ltd. (Trust E Account) |
| Intended allottee's holding policy | A trust account that will hold and dispose of the Company's shares in operating the plan. No specific holding period or lock-up is stated. |
| Dilution Rate | 0.48% of total shares issued and 0.49% of total voting rights |
| Total number of issued shares | 59,662,021 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥1,243 on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium is stated. |
| Categories and Number of Persons Covered | Directors, excluding outside directors. The number of eligible persons and shares allocated is not stated. |
| Most recent equity financing | Timing 12 October 2017 / Type Disposal of Treasury Shares Through a Third-Party Allotment / Amount Not disclosed, Timing 15 May 2025 / Type Resetting of the compensation framework for the Stock Benefit Trust (BBT) / Amount Not disclosed |
Items this document does not state (16)
Amount of funds to be raisedEstimated 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 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.For the trust to acquire the shares expected to be awarded to directors over the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029, in order to continue operating the plan.
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.