Worth reading
45Recurring
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
6152
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares under the Performance Share Unit Plan
Who receives how much6,152Shares
6,152 treasury shares
2 executive officers who are scheduled to retire and do not concurrently serve as directors of the Company6,152 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥20,925 per share
Amount of funds to be raised
Total payment amount of ¥128,730,600; estimated net proceeds Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables of ¥128,730,600
発行済株式総数
As this is a disposal of treasury shares, the total number of issued shares will not increase
Less than 25% (disposal of treasury shares)
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.
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Conditions for lifting transfer restrictions
Continued service throughout the performance evaluation period, the absence of certain misconduct, and other requirements deemed necessary by the Board of Directors. The payout ratio based on the achievement rate of the performance indicators ranges from 60% to 140%.
Stock Split Ratio4 shares for each share, effective 1 October 2023
Categories and Number of Persons Covered
2 executive officers who are scheduled to retire and do not concurrently serve as directors of the Company; 6,152 shares in total
Payment date
7 May 2026
Basis for determining the amount to be paid
The closing price on 30 March 2026 on the Tokyo Stock Exchange Prime Market was ¥20,925. This represented a discount of 13.05% to the one-month average of ¥24,065, 13.71% to the three-month average of ¥24,250, and 3.24% to the six-month average of ¥21,625.
Procedures under the Corporate Code of Conduct
As the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and procedures to confirm shareholder intent are not required
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares under the Performance Share Unit Plan |
| Number of shares to be issued or disposed of | 6,152 treasury shares |
| Issue price and disposal price | ¥20,925 per share |
| Amount of funds to be raised | Total payment amount of ¥128,730,600; estimated net proceeds Not disclosed |
| Payment date | 7 May 2026 |
| Intended allottee | Name 2 executive officers who are scheduled to retire and do not concurrently serve as directors of the Company / Number of Shares 6,152 shares |
| Dilution Rate | Less than 25% (disposal of treasury shares) |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price on 30 March 2026 on the Tokyo Stock Exchange Prime Market was ¥20,925. This represented a discount of 13.05% to the one-month average of ¥24,065, 13.71% to the three-month average of ¥24,250, and 3.24% to the six-month average of ¥21,625. |
| Conditions for lifting transfer restrictions | Continued service throughout the performance evaluation period, the absence of certain misconduct, and other requirements deemed necessary by the Board of Directors. The payout ratio based on the achievement rate of the performance indicators ranges from 60% to 140%. |
| Categories and Number of Persons Covered | 2 executive officers who are scheduled to retire and do not concurrently serve as directors of the Company; 6,152 shares in total |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥128,730,600 |
| Stock Split Ratio | 4 shares for each share, effective 1 October 2023 |
| Procedures under the Corporate Code of Conduct | As the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and procedures to confirm shareholder intent are not required |
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentMost 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 disposal is being made under the Performance Share Unit Plan, which was introduced to promote management initiatives over the medium to long term and advance the sharing of value with shareholders.
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.