Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
500000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as stock options
Who receives how much500,000Shares
500,000 shares of the Company's common stock
3 directors of the Company3,350
6 Company employees1,200
5 employees of the Company's wholly owned subsidiaries450 rights
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
The share acquisition rights will be issued for no consideration. The exercise price is scheduled to be determined on 27 May 2026.
Terms of the stock acquisition rights
Exercise price
The initial exercise price will be determined on 27 May 2026 as the higher of the average closing price for the preceding month and the closing price on the allotment date. Adjustment provisions apply in the event of a stock split, consolidation or similar event. Floor: Not disclosed
Exercise period
28 June 2027 to 27 June 2035
Number of Stock Acquisition Rights
Total issued: 5,000. Outstanding unexercised: Not disclosed
Reason for acquisition without consideration
If approval or other authorization is granted for a corporate reorganization, if the rights can no longer be exercised, or if a holder of the share acquisition rights requests to waive them
Categories and Number of Persons Covered
Category Directors of the company / Number of Employees 3 / Number of rights allotted 3,350, Category The Company's employees / Number of Employees 6 / Number of rights allotted 1,200, Category Employees of wholly owned subsidiaries of the Company / Number of Employees 5 / Number of rights allotted 450 rights
Intended allottee's holding policy
The acquisition of the stock acquisition rights through a transfer requires approval by resolution of the Company's Board of Directors
Payment date
No monetary payment is required
Basis for determining the amount to be paid
The exercise price will be the higher of the average closing price on each trading day in the month preceding the month containing the allotment date and the closing price on the allotment date. Discount rate/premium rate: Not disclosed
Procedures under the Corporate Code of Conduct
Resolution by the Board of Directors at its meeting held on 25 May 2026, pursuant to the authorization granted at the annual general meeting of shareholders held on 27 June 2025
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as stock options |
| Number of shares to be issued or disposed of | 500,000 shares of the Company's common stock |
| Issue price and disposal price | The share acquisition rights will be issued for no consideration. The exercise price is scheduled to be determined on 27 May 2026. |
| Payment date | No monetary payment is required |
| Intended allottee | Category 3 directors of the Company / Number of units 3,350, Category 6 Company employees / Number of units 1,200, Category 5 employees of the Company's wholly owned subsidiaries / Number of units 450 rights |
| Intended allottee's holding policy | The acquisition of the stock acquisition rights through a transfer requires approval by resolution of the Company's Board of Directors |
| Basis for determining the amount to be paid | The exercise price will be the higher of the average closing price on each trading day in the month preceding the month containing the allotment date and the closing price on the allotment date. Discount rate/premium rate: Not disclosed |
| Exercise price | The initial exercise price will be determined on 27 May 2026 as the higher of the average closing price for the preceding month and the closing price on the allotment date. Adjustment provisions apply in the event of a stock split, consolidation or similar event. Floor: Not disclosed |
| Exercise period | 28 June 2027 to 27 June 2035 |
| Number of Stock Acquisition Rights | Total issued: 5,000. Outstanding unexercised: Not disclosed |
| Reason for acquisition without consideration | If approval or other authorization is granted for a corporate reorganization, if the rights can no longer be exercised, or if a holder of the share acquisition rights requests to waive them |
| Categories and Number of Persons Covered | Category Directors of the company / Number of Employees 3 / Number of rights allotted 3,350, Category The Company's employees / Number of Employees 6 / Number of rights allotted 1,200, Category Employees of wholly owned subsidiaries of the Company / Number of Employees 5 / Number of rights allotted 450 rights |
| Procedures under the Corporate Code of Conduct | Resolution by the Board of Directors at its meeting held on 25 May 2026, pursuant to the authorization granted at the annual general meeting of shareholders held on 27 June 2025 |
Items this document does not state (15)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor 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 stock options will be issued to enhance motivation and morale toward improving the performance of the Company Group and increasing corporate value, among other purposes.
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.