Worth reading
50Recurring
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
0.11
% (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 in connection with the continuation of the stock-based compensation plan
発行・処分する株式数11,100Shares
11,100 common shares of the company (treasury shares)
Intended allottee
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))
¥4,650 per share
発行済株式総数
0.11% (of the total number of issued shares as of 30 September 2026); 0.12% (of the total number of voting rights as of the same date)
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, full-time directors of the company’s subsidiaries, and the company’s employees (the number of shares allocated by headcount and category is Not disclosed)
Intended allottee's holding policy
The shares will be transferred to the trust established for the introduction of this plan and distributed to beneficiaries in accordance with the share distribution rules.
Payment date
1 December 2026
Basis for determining the amount to be paid
The closing price of ¥4,650 on the Tokyo Stock Exchange on 11 November 2026, the business day immediately preceding the date of the Board of Directors’ resolution. No discount or premium.
Procedures under the Corporate Code of Conduct
As the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholders’ intentions as stipulated in Article 432 of the Tokyo Stock Exchange Securities Listing Regulations.
Impact on Business Performance
The company believes that this plan will contribute to improving corporate value over the medium to long term. It considers the number of shares transferred and the scale of dilution reasonable, and the impact on the secondary market minor.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with the continuation of the stock-based compensation plan |
| Number of shares to be issued or disposed of | 11,100 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥4,650 per share |
| Payment date | 1 December 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) |
| Intended allottee's holding policy | The shares will be transferred to the trust established for the introduction of this plan and distributed to beneficiaries in accordance with the share distribution rules. |
| Dilution Rate | 0.11% (of the total number of issued shares as of 30 September 2026); 0.12% (of the total number of voting rights as of the same date) |
| Total number of issued shares | 10,057,600 shares (as of 30 September 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥4,650 on the Tokyo Stock Exchange on 11 November 2026, the business day immediately preceding the date of the Board of Directors’ resolution. No discount or premium. |
| Categories and Number of Persons Covered | The company’s directors, full-time directors of the company’s subsidiaries, and the company’s employees (the number of shares allocated by headcount and category is Not disclosed) |
| Procedures under the Corporate Code of Conduct | As the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholders’ intentions as stipulated in Article 432 of the Tokyo Stock Exchange Securities Listing Regulations. |
| Impact on Business Performance | The company believes that this plan will contribute to improving corporate value over the medium to long term. It considers the number of shares transferred and the scale of dilution reasonable, and the impact on the secondary market minor. |
Items this document does not state (16)
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 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 strengthen the linkage between the compensation of directors and other officers and share value, share with shareholders the benefits and risks arising from share price fluctuations, and increase awareness of contributing to improved performance over the medium to long term and greater corporate value. In addition, to enhance employee benefits and increase employees’ sense of belonging, awareness of participating in management, and awareness of improving corporate value over the medium to long term.
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.