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
1.46
Dilution rate (%)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with an employee stock compensation plan
Who receives how much1,300,000Shares
1,300,000 shares of the company's common stock (treasury shares)
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))1,300,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,345 per share
発行済株式総数
1.46% (as a percentage of total issued shares), 1.52% (as a percentage 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
Employees who meet the beneficiary requirements. The number of employees and the number of shares allocated by category were not disclosed.
Intended allottee's holding policy
The shares will be held in trust for the purpose of delivering shares to employees who meet the beneficiary requirements. Lock-up: not disclosed.
Payment date
18 August 2026
Basis for determining the amount to be paid
The closing price of ¥3,345 on the Tokyo Stock Exchange on 29 July 2026, the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate was disclosed.
Procedures under the Corporate Code of Conduct
An independent third party, separate from the company and its officers, will be appointed as trust administrator.
Most recent equity financing
14 May 2024: Notice Regarding the Introduction of an Employee Stock Compensation Plan (detailed amount: not disclosed)
Impact on Business Performance
The company believes that the plan will contribute to increasing its corporate value over the medium to long term. It determined that the impact on the market is limited. The amount of the impact on financial performance was not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with an employee stock compensation plan |
| Number of shares to be issued or disposed of | 1,300,000 shares of the company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,345 per share |
| Payment date | 18 August 2026 |
| Intended allottee | Name Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) / Number of Shares 1,300,000 shares |
| Intended allottee's holding policy | The shares will be held in trust for the purpose of delivering shares to employees who meet the beneficiary requirements. Lock-up: not disclosed. |
| Dilution Rate | 1.46% (as a percentage of total issued shares), 1.52% (as a percentage of total voting rights) |
| Total number of issued shares | 89,234,171 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥3,345 on the Tokyo Stock Exchange on 29 July 2026, the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate was disclosed. |
| Categories and Number of Persons Covered | Employees who meet the beneficiary requirements. The number of employees and the number of shares allocated by category were not disclosed. |
| Procedures under the Corporate Code of Conduct | An independent third party, separate from the company and its officers, will be appointed as trust administrator. |
| Most recent equity financing | 14 May 2024: Notice Regarding the Introduction of an Employee Stock Compensation Plan (detailed amount: not disclosed) |
| Impact on Business Performance | The company believes that the plan will contribute to increasing its corporate value over the medium to long term. It determined that the impact on the market is limited. The amount of the impact on financial performance was not disclosed. |
Items this document does not state (15)
Total issue valueAmount 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 RatioMajor 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 shares corresponds to the number expected to be delivered to employees, and the company believes that the plan will contribute to increasing corporate value over the medium to long term. The company determined that the number of shares to be disposed of and the extent of dilution are reasonable and that the impact on the market is limited.
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.