Worth reading
35Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
3570
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Cancellation of stock acquisition rights issued for consideration to the Company's employees
Terms of the stock acquisition rights
Exercise price
¥1,958 per share. Adjustment provisions: Not disclosed
Exercise period
1 July 2024–2 August 2031
Number of Stock Acquisition Rights
Total issued: 3,570 rights; remaining after cancellation: 0 rights
Reason for acquisition without consideration
It was determined that the exercise conditions would not be met in any fiscal year from the fiscal year ending March 2024 through the fiscal year ending March 2026: net sales of ¥10 billion or more and operating profit of ¥3.5 billion or more, or net sales of ¥10 billion or more and operating profit of ¥4 billion or more.
Categories and Number of Persons Covered
282 of the Company's employees. The allocation corresponds to 357,000 shares.
Impact on Business Performance
The impact of this matter on the Company's results is immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Cancellation of stock acquisition rights issued for consideration to the Company's employees |
| Exercise price | ¥1,958 per share. Adjustment provisions: Not disclosed |
| Exercise period | 1 July 2024–2 August 2031 |
| Number of Stock Acquisition Rights | Total issued: 3,570 rights; remaining after cancellation: 0 rights |
| Reason for acquisition without consideration | It was determined that the exercise conditions would not be met in any fiscal year from the fiscal year ending March 2024 through the fiscal year ending March 2026: net sales of ¥10 billion or more and operating profit of ¥3.5 billion or more, or net sales of ¥10 billion or more and operating profit of ¥4 billion or more. |
| Categories and Number of Persons Covered | 282 of the Company's employees. The allocation corresponds to 357,000 shares. |
| Impact on Business Performance | The impact of this matter on the Company's results is immaterial. |
Items this document does not state (21)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidTransfer 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 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.Based on the figures through the fiscal year ending March 2026, it was determined that the exercise conditions for net sales and operating profit stipulated in the issuance terms would not be met. The Company will therefore cancel the treasury stock acquisition rights acquired without consideration, as they will not be exercised.
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.