Worth reading
27Immaterial
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
53
Exercise price per stock acquisition rightWording
Definitive
How definitive the wording is.Details of issuance or disposal
Progress report on the adjustment to the exercise price of stock acquisition rights with an exercise price adjustment clause
発行・処分する株式数
Not disclosed (the number of shares underlying these stock acquisition rights is 18,700,000, and the number of shares underlying the unexercised portion is 450,000)
Terms of the stock acquisition rights
Exercise price
¥38.0 before adjustment and ¥91.0 after adjustment. An adjustment clause applies. The minimum exercise price is ¥62. The exercise price will be adjusted on 15 June 2028 and 15 June 2030 based on the closing price on the immediately preceding trading day. If the closing price is below the minimum exercise price, the exercise price will be adjusted to the minimum exercise price.
Number of Stock Acquisition Rights
Total issued: 187,000; exercised: 182,500; remaining unexercised: 4,500
Basis for determining the amount to be paid
Not disclosed (the exercise price is adjusted to the closing price on the immediately preceding trading day)
Most recent equity financing
14th Series Stock Acquisition Rights (with an exercise price adjustment clause) issued on 15 December 2023
| Item | Details |
|---|---|
| Type of issuance or disposal | Progress report on the adjustment to the exercise price of stock acquisition rights with an exercise price adjustment clause |
| Number of shares to be issued or disposed of | Not disclosed (the number of shares underlying these stock acquisition rights is 18,700,000, and the number of shares underlying the unexercised portion is 450,000) |
| Basis for determining the amount to be paid | Not disclosed (the exercise price is adjusted to the closing price on the immediately preceding trading day) |
| Exercise price | ¥38.0 before adjustment and ¥91.0 after adjustment. An adjustment clause applies. The minimum exercise price is ¥62. The exercise price will be adjusted on 15 June 2028 and 15 June 2030 based on the closing price on the immediately preceding trading day. If the closing price is below the minimum exercise price, the exercise price will be adjusted to the minimum exercise price. |
| Number of Stock Acquisition Rights | Total issued: 187,000; exercised: 182,500; remaining unexercised: 4,500 |
| Most recent equity financing | 14th Series Stock Acquisition Rights (with an exercise price adjustment clause) issued on 15 December 2023 |
Items this document does not state (22)
Issue 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 sharesExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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 exercise price adjustment provision set forth in the issuance terms was applied, and the exercise price was adjusted to the ¥91 closing price on the trading day immediately preceding 15 June 2026. Because the ¥91 closing price exceeded the minimum exercise price of ¥62, the post-adjustment exercise price became ¥91.
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.