Komori
Share Issuance and Disposal278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Notice of Completion of Exercise of the 20th Stock Acquisition Rights (with Exercise Price Adjustment Clause) and Monthly Exercise Status

Exercise of all of the 20th Series Stock Acquisition Rights was completed on 27 August 2026, and 148,300 new shares were issued during August. The number of unexercised stock acquisition rights decreased from 1,483 to 0.

Worth reading
70In focus
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
148300
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Exercise status report for stock acquisition rights with an exercise price adjustment clause

Who receives how much

New shares 148,300 shares / Treasury shares 0 shares

Mizuho Securities Co., Ltd. (third-party allotment on 6 July 2026)

The lower thin line represents the existing number of shares to which these shares will be added.

Amount of funds to be raised

The amount attributable solely to the 20th Series Stock Acquisition Rights is Not disclosed. Cumulative proceeds from the 18th through 20th Series Stock Acquisition Rights were ¥7,607,579,100, including the total issue price of the stock acquisition rights.

Existing Shares and Increase
+1.52%Rate of increase
10,397,100 shares10,545,400Shares

1.52% (148,300 shares delivered across all series / 9,775,900 listed shares outstanding as of the payment date for the issuance)

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
¥15,000 on 26 August and ¥16,197 on 27 August. The stock acquisition rights have terms for adjustment to the exercise price, but the lower limit of the adjustment is Not disclosed.
Number of Stock Acquisition Rights
Total issued: 2,133 rights (1,483 exercised during the relevant month, or 69.53% of the total issued). Unexercised rights at the end of the relevant month: 0.
Offering structure
Underwriter / lead underwriter
Mizuho Securities Co., Ltd.
Procedures under the Corporate Code of Conduct
Describes compliance with exercise restrictions under Article 434 of the Tokyo Stock Exchange's Securities Listing Regulations and the Japan Securities Dealers Association's Rules Concerning the Handling of Third-Party Allotments and Other Matters
Most recent equity financing
Timing 6 July 2026 / Type 18th through 20th Series Stock Acquisition Rights (Stages 1, 2 and 3, with terms for adjustment to the exercise price) / Amount Cumulative proceeds of ¥7,607,579,100, including the total issue price of the stock acquisition rights., Timing 6 July 2026 / Type 23rd and 24th Series Stock Acquisition Rights (fixed exercise price) / Amount Cumulative proceeds of ¥40,948,600, including the total issue price of the stock acquisition rights.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalExercise status report for stock acquisition rights with an exercise price adjustment clause
Number of shares to be issued or disposed ofNew shares 148,300 shares / Treasury shares 0 shares
Amount of funds to be raisedThe amount attributable solely to the 20th Series Stock Acquisition Rights is Not disclosed. Cumulative proceeds from the 18th through 20th Series Stock Acquisition Rights were ¥7,607,579,100, including the total issue price of the stock acquisition rights.
Intended allotteeMizuho Securities Co., Ltd. (third-party allotment on 6 July 2026)
Dilution Rate1.52% (148,300 shares delivered across all series / 9,775,900 listed shares outstanding as of the payment date for the issuance)
Total number of issued shares10,397,100 shares (as of the end of the month preceding the relevant month; 0 treasury shares) → 10,545,400 shares (the number of shares at the end of the preceding month plus 148,300 shares delivered during the relevant month)
Exercise price¥15,000 on 26 August and ¥16,197 on 27 August. The stock acquisition rights have terms for adjustment to the exercise price, but the lower limit of the adjustment is Not disclosed.
Number of Stock Acquisition RightsTotal issued: 2,133 rights (1,483 exercised during the relevant month, or 69.53% of the total issued). Unexercised rights at the end of the relevant month: 0.
Underwriter / lead underwriterMizuho Securities Co., Ltd.
Procedures under the Corporate Code of ConductDescribes compliance with exercise restrictions under Article 434 of the Tokyo Stock Exchange's Securities Listing Regulations and the Japan Securities Dealers Association's Rules Concerning the Handling of Third-Party Allotments and Other Matters
Most recent equity financingTiming 6 July 2026 / Type 18th through 20th Series Stock Acquisition Rights (Stages 1, 2 and 3, with terms for adjustment to the exercise price) / Amount Cumulative proceeds of ¥7,607,579,100, including the total issue price of the stock acquisition rights., Timing 6 July 2026 / Type 23rd and 24th Series Stock Acquisition Rights (fixed exercise price) / Amount Cumulative proceeds of ¥40,948,600, including the total issue price of the stock acquisition rights.
Items this document does not state (17)
Issue price and disposal priceTotal issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended 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 CompensationOverallotmentStock Split RatioMajor 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 report the completion of exercise of all of the 20th Series Stock Acquisition Rights and the monthly exercise status for August 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 of Completion of Exercise of the 20th Stock Acquisition Rights (with Exercise Price Adjustment Clause) and Monthly Exercise Status | Terra Drone Corporation (278A) timely disclosure | Komori