Worth reading
63In 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
245000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with an additional contribution to a performance-based stock compensation plan
Who receives how much245,000Shares
Treasury shares: 245,000 common shares
Japan Custody Bank, Ltd. (Trust E Account)245,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,400 per share
Total issue value
¥343,000,000
Amount of funds to be raised
Total payment amount: ¥343,000,000; estimated net proceeds: Not disclosed
Specific use of funds
Additional contribution of cash to the trust, to be used to acquire shares expected to be required for future benefitsAmount ¥343,000,000 / Scheduled timing of expenditures 28 August 2026
発行済株式総数
0.87% of total issued shares and 0.92% 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
The Company's directors, excluding outside directors (number: Not disclosed), and executive officers who do not concurrently serve as directors of the Company (number: Not disclosed)
Intended allottee's holding policy
A trust account that holds and disposes of the Company's shares in operating the plan. Information on medium- to long-term holding or lock-up: Not disclosed
Payment date
28 August 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, ¥1,400. Discount rate/premium rate: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with an additional contribution to a performance-based stock compensation plan |
| Number of shares to be issued or disposed of | Treasury shares: 245,000 common shares |
| Issue price and disposal price | ¥1,400 per share |
| Total issue value | ¥343,000,000 |
| Amount of funds to be raised | Total payment amount: ¥343,000,000; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Additional contribution of cash to the trust, to be used to acquire shares expected to be required for future benefits / Amount ¥343,000,000 / Scheduled timing of expenditures 28 August 2026 |
| Payment date | 28 August 2026 |
| Intended allottee | Name Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 245,000 shares |
| Intended allottee's holding policy | A trust account that holds and disposes of the Company's shares in operating the plan. Information on medium- to long-term holding or lock-up: Not disclosed |
| Dilution Rate | 0.87% of total issued shares and 0.92% of total voting rights |
| Total number of issued shares | 28,296,000 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, ¥1,400. Discount rate/premium rate: Not disclosed |
| Categories and Number of Persons Covered | The Company's directors, excluding outside directors (number: Not disclosed), and executive officers who do not concurrently serve as directors of the Company (number: Not disclosed) |
Items this document does not state (15)
Estimated issuance expensesExercise 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 ConductMost 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.The trust will acquire shares expected to be required for future benefits in order to continue the plan. The shares will also be secured to cover the points expected to be awarded to directors and other eligible persons during the 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.