Worth reading
43Recurring
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
0.15
% (dilution rate relative to the total number of issued shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as stock compensation
Who receives how much31,700Shares
31,700 common shares (treasury shares)
The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account)31,700 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥5,050 per share
Total issue value
¥160,085,000
発行済株式総数
0.15% of the total number of issued shares and 0.17% of the 187,184 total voting rights as of 31 March 2026
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
Eligible directors and other officers (directors, excluding non-executive directors including outside directors, directors who are Audit and Supervisory Committee members, and non-residents of Japan, and executive officers under mandate, excluding non-residents of Japan). The number of recipients and the number of shares allocated by category are Not disclosed
Intended allottee's holding policy
The shares will be delivered to eligible directors and other officers in accordance with the share delivery rules. The shares are not expected to flow into the stock market all at once.
Basis for determining the amount to be paid
The closing price of ¥5,050 on the Tokyo Stock Exchange on 20 August 2026, the business day preceding the date of the Board of Directors’ resolution. There is no discount or premium.
Procedures under the Corporate Code of Conduct
Because the dilution rate is less than 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions were deemed unnecessary.
Impact on Business Performance
The impact on the stock market is considered minor. The number of shares to be disposed of and the scale of the dilution have been judged reasonable.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as stock compensation |
| Number of shares to be issued or disposed of | 31,700 common shares (treasury shares) |
| Issue price and disposal price | ¥5,050 per share |
| Total issue value | ¥160,085,000 |
| Intended allottee | Name The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account) / Number of Shares 31,700 shares |
| Intended allottee's holding policy | The shares will be delivered to eligible directors and other officers in accordance with the share delivery rules. The shares are not expected to flow into the stock market all at once. |
| Dilution Rate | 0.15% of the total number of issued shares and 0.17% of the 187,184 total voting rights as of 31 March 2026 |
| Basis for determining the amount to be paid | The closing price of ¥5,050 on the Tokyo Stock Exchange on 20 August 2026, the business day preceding the date of the Board of Directors’ resolution. There is no discount or premium. |
| Categories and Number of Persons Covered | Eligible directors and other officers (directors, excluding non-executive directors including outside directors, directors who are Audit and Supervisory Committee members, and non-residents of Japan, and executive officers under mandate, excluding non-residents of Japan). The number of recipients and the number of shares allocated by category are Not disclosed |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is less than 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions were deemed unnecessary. |
| Impact on Business Performance | The impact on the stock market is considered minor. The number of shares to be disposed of and the scale of the dilution have been judged reasonable. |
Items this document does not state (17)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor 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.To clarify the linkage between the compensation of eligible directors and other officers and the company’s performance and share value, promote the sharing of corporate value with shareholders, and increase their motivation to contribute to improved medium- to long-term performance and greater corporate value.
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.