Worth reading
39Recurring
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
20000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock compensation-type stock options (stock acquisition rights)
Who receives how much
200 stock acquisition rights, 100 shares per right (maximum 20,000 shares)
5 directors of the company, 200 rights
The lower thin line represents the existing number of shares to which these shares will be added.
Terms of the stock acquisition rights
Exercise price
¥1 per share. The number of shares granted will be adjusted in accordance with stock splits, reverse stock splits and other events, but the adjustment provisions and floor for the exercise price are Not disclosed.
Exercise period
From 1 April 2027 to 31 March 2028
Number of Stock Acquisition Rights
Total issued: 200 rights. Number of unexercised rights: Not disclosed.
Reason for acquisition without consideration
If the rights can no longer be exercised under the exercise conditions before they are exercised. If a merger, company split, share exchange, share transfer, amendment to the Articles of Incorporation or other prescribed proposal is approved.
Categories and Number of Persons Covered
5 directors of the company, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors; 200 rights
Intended allottee's holding policy
The stock acquisition rights may not be transferred to a third party. Any acquisition through a transfer requires approval by the Board of Directors.
Basis for determining the amount to be paid
Calculated by multiplying the fair value per share of the stock options calculated using the Black-Scholes model on the allotment date by the number of shares granted. The periods used for the closing price and average share price, and the discount and premium rates, are Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock compensation-type stock options (stock acquisition rights) |
| Number of shares to be issued or disposed of | 200 stock acquisition rights, 100 shares per right (maximum 20,000 shares) |
| Intended allottee | 5 directors of the company, 200 rights |
| Intended allottee's holding policy | The stock acquisition rights may not be transferred to a third party. Any acquisition through a transfer requires approval by the Board of Directors. |
| Basis for determining the amount to be paid | Calculated by multiplying the fair value per share of the stock options calculated using the Black-Scholes model on the allotment date by the number of shares granted. The periods used for the closing price and average share price, and the discount and premium rates, are Not disclosed. |
| Exercise price | ¥1 per share. The number of shares granted will be adjusted in accordance with stock splits, reverse stock splits and other events, but the adjustment provisions and floor for the exercise price are Not disclosed. |
| Exercise period | From 1 April 2027 to 31 March 2028 |
| Number of Stock Acquisition Rights | Total issued: 200 rights. Number of unexercised rights: Not disclosed. |
| Reason for acquisition without consideration | If the rights can no longer be exercised under the exercise conditions before they are exercised. If a merger, company split, share exchange, share transfer, amendment to the Articles of Incorporation or other prescribed proposal is approved. |
| Categories and Number of Persons Covered | 5 directors of the company, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors; 200 rights |
Items this document does not state (18)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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.To share the risks and benefits of share-price movements with shareholders and increase directors’ motivation to improve performance and enhance 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.