Worth reading
49Recurring
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
190700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares in connection with an additional contribution to the stock compensation plan
Who receives how much190,700Shares
190,700 common shares (treasury shares)
Japan Custody Bank, Ltd. (Trust E Account)190,700 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,512 per share
Total issue value
¥288,338,400
Amount of funds to be raised
Total amount paid: ¥288,338,400; estimated net proceeds: not disclosed
Specific use of funds
Additional contribution to the trust for its acquisition of the shares expected to be required for future benefits as the plan continuesAmount ¥288,338,400 / Scheduled timing of expenditures 21 August 2026
発行済株式総数
0.07% of total issued shares and 0.07% 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 (excluding directors who are Audit and Supervisory Committee members) and executive officers. The breakdown of the number of eligible recipients and shares allocated is not disclosed.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, ¥1,512. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
The Audit and Supervisory Committee expressed the opinion that the disposal price does not constitute a particularly favorable price.
Most recent equity financing
Timing The 99th Annual General Meeting of Shareholders held on 26 June 2020 / Type Introducing a Share-Based Compensation Plan / Amount Not disclosed, Timing The 104th Annual General Meeting of Shareholders held on 27 June 2025 / Type Amendment to the plan / Amount Not disclosed, Timing The 105th Annual General Meeting of Shareholders held on 26 June 2026 / Type Amendment to the plan / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with an additional contribution to the stock compensation plan |
| Number of shares to be issued or disposed of | 190,700 common shares (treasury shares) |
| Issue price and disposal price | ¥1,512 per share |
| Total issue value | ¥288,338,400 |
| Amount of funds to be raised | Total amount paid: ¥288,338,400; estimated net proceeds: not disclosed |
| Specific use of funds | Details Additional contribution to the trust for its acquisition of the shares expected to be required for future benefits as the plan continues / Amount ¥288,338,400 / Scheduled timing of expenditures 21 August 2026 |
| Payment date | 21 August 2026 |
| Intended allottee | Name Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 190,700 shares |
| Dilution Rate | 0.07% of total issued shares and 0.07% of total voting rights |
| Total number of issued shares | 275,760,547 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, ¥1,512. No discount or premium rate is stated. |
| Categories and Number of Persons Covered | The Company's directors (excluding directors who are Audit and Supervisory Committee members) and executive officers. The breakdown of the number of eligible recipients and shares allocated is not disclosed. |
| Procedures under the Corporate Code of Conduct | The Audit and Supervisory Committee expressed the opinion that the disposal price does not constitute a particularly favorable price. |
| Most recent equity financing | Timing The 99th Annual General Meeting of Shareholders held on 26 June 2020 / Type Introducing a Share-Based Compensation Plan / Amount Not disclosed, Timing The 104th Annual General Meeting of Shareholders held on 27 June 2025 / Type Amendment to the plan / Amount Not disclosed, Timing The 105th Annual General Meeting of Shareholders held on 26 June 2026 / Type Amendment to the plan / Amount Not disclosed |
Items this document does not state (14)
Estimated issuance expensesIntended 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 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.The trust will acquire the shares expected to be required for future benefits as the plan continues. The shares for the three fiscal years from the end of March 2027 through the end of March 2029 will also be secured in advance within the trust assets.
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.