Worth reading
47Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
150000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with additional contributions to the Stock Benefit Trust (BBT)
Who receives how much150,000Shares
Treasury shares: 150,000 common shares
Japan Custody Bank, Ltd. (Trust E Account)150,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥104 per share
発行済株式総数
0.42% of total shares outstanding and 0.43% 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, including outside directors, and executive officers, as well as directors, excluding outside directors, and executive officers of the Company's subsidiaries covered by the scheme. Number of people and number of shares by category: Not disclosed
Basis for determining the amount to be paid
Based on the average closing price of the Company's common shares on the Tokyo Stock Exchange of ¥104 for the 3-month period from 16 February 2026 to 14 May 2026, with amounts below ¥1 rounded down. No discount or premium.
Most recent equity financing
29 June 2016: Shareholders' meeting resolution regarding the introduction of the Stock Benefit Trust (BBT) (details determined). Amount: Not disclosed, 15 February 2019: Partial amendment to the Stock Benefit Trust (BBT). Amount: Not disclosed, 29 June 2021: Shareholders' meeting resolution regarding procedural amendments to the scheme in connection with revisions to laws and regulations. Amount: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with additional contributions to the Stock Benefit Trust (BBT) |
| Number of shares to be issued or disposed of | Treasury shares: 150,000 common shares |
| Issue price and disposal price | ¥104 per share |
| Intended allottee | Name Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 150,000 shares |
| Dilution Rate | 0.42% of total shares outstanding and 0.43% of total voting rights |
| Total number of issued shares | 35,830,058 shares → 35,830,058 shares |
| Basis for determining the amount to be paid | Based on the average closing price of the Company's common shares on the Tokyo Stock Exchange of ¥104 for the 3-month period from 16 February 2026 to 14 May 2026, with amounts below ¥1 rounded down. No discount or premium. |
| Categories and Number of Persons Covered | The Company's directors, including outside directors, and executive officers, as well as directors, excluding outside directors, and executive officers of the Company's subsidiaries covered by the scheme. Number of people and number of shares by category: Not disclosed |
| Most recent equity financing | 29 June 2016: Shareholders' meeting resolution regarding the introduction of the Stock Benefit Trust (BBT) (details determined). Amount: Not disclosed, 15 February 2019: Partial amendment to the Stock Benefit Trust (BBT). Amount: Not disclosed, 29 June 2021: Shareholders' meeting resolution regarding procedural amendments to the scheme in connection with revisions to laws and regulations. Amount: Not disclosed |
Items this document does not state (19)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyExercise 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 ConductMajor 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 the shares expected to be required for future benefits in order to continue the scheme. The number of shares to be disposed of corresponds to the number expected to be delivered to directors and other officers over the 3 fiscal years from the fiscal year ending March 2026 through the fiscal year ending March 2028.
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.