Worth reading
32Immaterial
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
4348500000
¥Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Acquisition through the disposal of treasury shares under the employee stock compensation plan
Who receives how much1,300,000Shares
1,300,000 treasury shares
Sumitomo Mitsui Trust Bank, Limited (trustee; re-trustee: Custody Bank of Japan, Ltd.) / 1,300,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
Categories and Number of Persons Covered
Employees meeting the beneficiary requirements (breakdown of the number of people and shares allocated: not disclosed)
Intended allottee's holding policy
The shares will be held in the trust for delivery to employees who meet the beneficiary eligibility requirements, but the holding policy and lock-up arrangements are not disclosed
Payment date
18 August 2026 (scheduled)
Procedures under the Corporate Code of Conduct
The trust administrator is an independent third party unaffiliated with the Company and its officers
Most recent equity financing
Timing 14 May 2024 / Type Introducing a Share-Based Compensation Plan for Employees / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Acquisition through the disposal of treasury shares under the employee stock compensation plan |
| Number of shares to be issued or disposed of | 1,300,000 treasury shares |
| Payment date | 18 August 2026 (scheduled) |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (trustee; re-trustee: Custody Bank of Japan, Ltd.) / 1,300,000 shares |
| Intended allottee's holding policy | The shares will be held in the trust for delivery to employees who meet the beneficiary eligibility requirements, but the holding policy and lock-up arrangements are not disclosed |
| Categories and Number of Persons Covered | Employees meeting the beneficiary requirements (breakdown of the number of people and shares allocated: not disclosed) |
| Procedures under the Corporate Code of Conduct | The trust administrator is an independent third party unaffiliated with the Company and its officers |
| Most recent equity financing | Timing 14 May 2024 / Type Introducing a Share-Based Compensation Plan for Employees / Amount Not disclosed |
Items this document does not state (20)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise 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 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.To continue the employee stock compensation plan, the Company will extend the trust period and additionally contribute funds to the trust for the trustee to acquire additional Company shares.
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.