Worth reading
37Immaterial
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
300000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Stock acquisition rights to be issued as tax-qualified stock options
発行・処分する株式数
Up to 300,000 common shares (up to 3,000 stock acquisition rights, with 100 shares per right)
Intended allottee
Employees of the company and its subsidiaries (number of employees and number of shares allocated to each: Not disclosed)
The stock acquisition rights will be issued at no cost.
Amount of funds to be raised
No payment is required for the stock acquisition rights. Estimated net proceeds: Not disclosed
Terms of the stock acquisition rights
Exercise price
Initial exercise price: the closing price on the allocation date × 1.1. Adjustment provisions and adjustment floor: Not disclosed
Exercise period
Within the 10-year period beginning on the day following the date that is 2 years after the date of the resolution approving the allocation of the stock acquisition rights, as determined by the company's Board of Directors.
Number of Stock Acquisition Rights
Maximum total number to be issued: 3,000. Number of unexercised rights outstanding: Not disclosed
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Conditions for lifting transfer restrictions
40% will vest after 1 year has elapsed from the employment commencement date. The remaining 60% will vest if operating income in the consolidated income statement for the fiscal year of the company's business is positive.
Categories and Number of Persons Covered
Employees of the company and its subsidiaries. Number of employees and number of shares allocated: Not disclosed
Basis for determining the amount to be paid
The exercise price will be the amount obtained by multiplying the closing price of the company's common stock in regular trading on the Tokyo Stock Exchange on the date of allocation by 1.1, with fractions of less than ¥1 rounded up.
Procedures under the Corporate Code of Conduct
The proposal will be submitted to the 27th Annual General Meeting of Shareholders scheduled for 28 May 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Stock acquisition rights to be issued as tax-qualified stock options |
| Number of shares to be issued or disposed of | Up to 300,000 common shares (up to 3,000 stock acquisition rights, with 100 shares per right) |
| Issue price and disposal price | The stock acquisition rights will be issued at no cost. |
| Amount of funds to be raised | No payment is required for the stock acquisition rights. Estimated net proceeds: Not disclosed |
| Intended allottee | Employees of the company and its subsidiaries (number of employees and number of shares allocated to each: Not disclosed) |
| Basis for determining the amount to be paid | The exercise price will be the amount obtained by multiplying the closing price of the company's common stock in regular trading on the Tokyo Stock Exchange on the date of allocation by 1.1, with fractions of less than ¥1 rounded up. |
| Exercise price | Initial exercise price: the closing price on the allocation date × 1.1. Adjustment provisions and adjustment floor: Not disclosed |
| Exercise period | Within the 10-year period beginning on the day following the date that is 2 years after the date of the resolution approving the allocation of the stock acquisition rights, as determined by the company's Board of Directors. |
| Number of Stock Acquisition Rights | Maximum total number to be issued: 3,000. Number of unexercised rights outstanding: Not disclosed |
| Conditions for lifting transfer restrictions | 40% will vest after 1 year has elapsed from the employment commencement date. The remaining 60% will vest if operating income in the consolidated income statement for the fiscal year of the company's business is positive. |
| Categories and Number of Persons Covered | Employees of the company and its subsidiaries. Number of employees and number of shares allocated: Not disclosed |
| Procedures under the Corporate Code of Conduct | The proposal will be submitted to the 27th Annual General Meeting of Shareholders scheduled for 28 May 2026. |
Items this document does not state (16)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodReason for acquisition without considerationTotal 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 purpose is to motivate and boost employees' morale toward improving consolidated performance, secure and retain talented personnel, and contribute to enhancing corporate value over the medium to long term.
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.