Komori
Share Issuance and Disposal278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Notice Concerning the Substantial Exercise of the 18th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause)

On 7 July 2026, 300 of the 18th Stock Acquisition Rights (with Clauses for Adjustment of the Exercise Price) were exercised, and 30,000 common shares were delivered. Following the exercise, 1,833 stock acquisition rights remained unexercised.

Worth reading
63In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
300
units
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Significant exercise of stock acquisition rights with an exercise price adjustment clause

発行・処分する株式数30,000Shares

30,000 new shares; no treasury shares transferred

発行済株式総数

Exercise ratio of 14.06% of the total issued rights (for the rights exercised this time)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Terms of the stock acquisition rights
Exercise price
¥9,262 (for the rights exercised on 7 July 2026). Details of the adjustment provisions and the floor are not disclosed
Number of Stock Acquisition Rights
Total issued: 2,133 rights; exercised this time: 300 rights; currently unexercised: 1,833 rights
Most recent equity financing
Stock acquisition rights with clauses for adjustment of the exercise price issued on 6 July 2026 (total issued: 2,133 rights). Amount: not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalSignificant exercise of stock acquisition rights with an exercise price adjustment clause
Number of shares to be issued or disposed of30,000 new shares; no treasury shares transferred
Dilution RateExercise ratio of 14.06% of the total issued rights (for the rights exercised this time)
Total number of issued shares9,827,800 shares (as of the end of the month preceding the relevant month) → Not disclosed
Exercise price¥9,262 (for the rights exercised on 7 July 2026). Details of the adjustment provisions and the floor are not disclosed
Number of Stock Acquisition RightsTotal issued: 2,133 rights; exercised this time: 300 rights; currently unexercised: 1,833 rights
Most recent equity financingStock acquisition rights with clauses for adjustment of the exercise price issued on 6 July 2026 (total issued: 2,133 rights). Amount: not disclosed
Items this document does not state (21)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyBasis for determining the amount to be paidExercise 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.

To announce the substantial exercise of the 18th Stock Acquisition Rights on 7 July 2026.

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.
Notice Concerning the Substantial Exercise of the 18th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause) | Terra Drone Corporation (278A) timely disclosure | Komori