Worth reading
48Recurring
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
891034
Shares (maximum)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares by third-party allotment (stock grants through the Group Employee Shareholding Association)
Who receives how much891,034Shares
Up to 891,034 common shares of the Company (treasury shares)
大和持株会 (Daiwa Employee Shareholding Association): up to 891,034 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,517 per share
Total issue value
¥1,351,698,578 (maximum)
Amount of funds to be raised
Total payment amount of ¥1,351,698,578 (maximum); estimated net proceeds Not disclosed
Total Stock-Based Compensation
A special incentive payment of ¥100,000 per eligible member. The number of eligible members and the total amount are Not disclosed.
発行済株式総数
0.06% of the total number of shares issued and 0.06% of the total number of 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 of the Company’s Group. The number of employees is Not disclosed.
Payment date
22 July 2026
Basis for determining the amount to be paid
The average closing price of the Company’s common shares on the Tokyo Stock Exchange over the 30 business days through 18 June 2026 was ¥1,517. This represents a discount of 0.85% to the one-month average of ¥1,530, no premium or discount to the three-month average of ¥1,517, and a premium of 0.20% to the six-month average of ¥1,514.
Procedures under the Corporate Code of Conduct
Because the dilution ratio is below 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.
Impact on Business Performance
The Company believes that introducing this plan will contribute to increased corporate value through higher employee motivation across the Group. In light of the scale of dilution resulting from this disposal of treasury shares, the Company considers the impact on the market to be limited.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares by third-party allotment (stock grants through the Group Employee Shareholding Association) |
| Number of shares to be issued or disposed of | Up to 891,034 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,517 per share |
| Total issue value | ¥1,351,698,578 (maximum) |
| Amount of funds to be raised | Total payment amount of ¥1,351,698,578 (maximum); estimated net proceeds Not disclosed |
| Payment date | 22 July 2026 |
| Intended allottee | 大和持株会 (Daiwa Employee Shareholding Association): up to 891,034 shares |
| Dilution Rate | 0.06% of the total number of shares issued and 0.06% of the total number of voting rights |
| Total number of issued shares | 1,569,378,772 shares → Not disclosed |
| Basis for determining the amount to be paid | The average closing price of the Company’s common shares on the Tokyo Stock Exchange over the 30 business days through 18 June 2026 was ¥1,517. This represents a discount of 0.85% to the one-month average of ¥1,530, no premium or discount to the three-month average of ¥1,517, and a premium of 0.20% to the six-month average of ¥1,514. |
| Categories and Number of Persons Covered | Employees of the Company’s Group. The number of employees is Not disclosed. |
| Total Stock-Based Compensation | A special incentive payment of ¥100,000 per eligible member. The number of eligible members and the total amount are Not disclosed. |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is below 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. |
| Impact on Business Performance | The Company believes that introducing this plan will contribute to increased corporate value through higher employee motivation across the Group. In light of the scale of dilution resulting from this disposal of treasury shares, the Company considers the impact on the market to be limited. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / 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 encourage employees who have not yet joined the employee shareholding association to do so, broaden their opportunity to hold the Company’s shares, and heighten their interest in share price appreciation and dividends, as well as their awareness of contributing to higher share prices and increased 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.