The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Notice Concerning the Adjustment of the Exercise Prices of the 13th Series Stock Acquisition Rights (with an Exercise Price Adjustment Clause) and the 14th Series Stock Acquisition Rights, the Adjustment of the Conversion Price of the 4th Series Unsecured Convertible Bonds with Stock Acquisition Rights, and the Change in the Planned Expenditure Amount for the 14th Series Stock Acquisition Rights
Open the original documentPages 2 and 3, 2. Reasons for the Adjustment of the Exercise Price or Conversion Price; page 5, (Regarding Future Capital Policy)
The Company planned to acquire and cancel all of the 13th Series Stock Acquisition Rights on 24 August 2026
The Company plans to acquire the 13th Series Stock Acquisition Rights on 24 August 2026 and cancel them on 25 August 2026 after completing the prescribed procedures
The Companies Act contains no clear provisions concerning the time at which the payment for a third-party allotment and the subsequent acquisition and cancellation or redemption (or set-off) become effective. Since the specific timing relationship is not clear under the law in this matter either, the Company decided to adjust the exercise price or conversion price in accordance with the issuance terms as a conservative measure, taking into account the possibility that the effects could remain in force until the acquisition and cancellation or redemption (or set-off) have been completed.
| Item | Details |
|---|---|
| Disclosure subject to correction | Notice Concerning the Adjustment of the Exercise Prices of the 13th Series Stock Acquisition Rights (with an Exercise Price Adjustment Clause) and the 14th Series Stock Acquisition Rights, the Adjustment of the Conversion Price of the 4th Series Unsecured Convertible Bonds with Stock Acquisition Rights, and the Change in the Planned Expenditure Amount for the 14th Series Stock Acquisition Rights |
| Original disclosure date | 7 August 2026 |
| Location of correction | Pages 2 and 3, 2. Reasons for the Adjustment of the Exercise Price or Conversion Price; page 5, (Regarding Future Capital Policy) |
| Details of correction | The Company planned to acquire and cancel all of the 13th Series Stock Acquisition Rights on 24 August 2026 → The Company plans to acquire the 13th Series Stock Acquisition Rights on 24 August 2026 and cancel them on 25 August 2026 after completing the prescribed procedures |
| Reason for correction | The Companies Act contains no clear provisions concerning the time at which the payment for a third-party allotment and the subsequent acquisition and cancellation or redemption (or set-off) become effective. Since the specific timing relationship is not clear under the law in this matter either, the Company decided to adjust the exercise price or conversion price in accordance with the issuance terms as a conservative measure, taking into account the possibility that the effects could remain in force until the acquisition and cancellation or redemption (or set-off) have been completed. |
Items this document does not state (1)
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 Company states that the Companies Act contains no clear provisions concerning the time at which the acquisition and cancellation or redemption and set-off become effective following payment for a third-party allotment, and that the specific timing relationship is therefore not clear under the law. The Company adopted a conservative approach in light of the possibility that the rights could remain effective.