Worth reading
70In focus
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
124
¥ reduction (floor exercise price changed from ¥437 to ¥313)Wording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Revision of the floor exercise price for the 10th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause) issued through a third-party allotment
発行・処分する株式数
14,000 stock acquisition rights (100 underlying shares per stock acquisition right), representing 1,400,000 potential shares. As of 30 September 2026, 163,000 shares had been issued upon exercise, leaving 12,370 unexercised stock acquisition rights.
¥565 per stock acquisition right. The exercise price is 93% of the closing price on the trading day immediately preceding the effective date of each exercise request, subject to the floor exercise price.
Specific use of funds
Investments and other expenditures aimed at growing the Group's businesses
発行済株式総数
This revision does not increase the number of shares or potential shares underlying the stock acquisition rights.
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥625. Revised to 93% of the closing price on the trading day immediately preceding the effective date of each exercise request. Floor exercise price: ¥437 before the revision and ¥313 after the revision. The revised floor exercise price of ¥313 is equivalent to 50% of the ¥625 closing price on the trading day immediately preceding the date of the issuance resolution.
Exercise period
From the first banking business day following the allotment date through 23 July 2029
Number of Stock Acquisition Rights
Total issued: 14,000 stock acquisition rights; unexercised balance as of 30 September 2026: 12,370 stock acquisition rights
Procedures under the Corporate Code of Conduct
Revision of the floor exercise price in accordance with the procedures prescribed in the issuance terms
Most recent equity financing
Timing 23 July 2026 / Type Issuance of the 10th Series of Stock Acquisition Rights (with an Exercise Price Adjustment Clause) through a third-party allotment / Amount Not disclosed
Impact on Business Performance
At this time, this does not constitute a revision to the consolidated earnings forecast for the fiscal year ending December 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Revision of the floor exercise price for the 10th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause) issued through a third-party allotment |
| Number of shares to be issued or disposed of | 14,000 stock acquisition rights (100 underlying shares per stock acquisition right), representing 1,400,000 potential shares. As of 30 September 2026, 163,000 shares had been issued upon exercise, leaving 12,370 unexercised stock acquisition rights. |
| Issue price and disposal price | ¥565 per stock acquisition right. The exercise price is 93% of the closing price on the trading day immediately preceding the effective date of each exercise request, subject to the floor exercise price. |
| Specific use of funds | Details Investments and other expenditures aimed at growing the Group's businesses / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Total number of issued shares | This revision does not increase the number of shares or potential shares underlying the stock acquisition rights. |
| Exercise price | Initial exercise price: ¥625. Revised to 93% of the closing price on the trading day immediately preceding the effective date of each exercise request. Floor exercise price: ¥437 before the revision and ¥313 after the revision. The revised floor exercise price of ¥313 is equivalent to 50% of the ¥625 closing price on the trading day immediately preceding the date of the issuance resolution. |
| Exercise period | From the first banking business day following the allotment date through 23 July 2029 |
| Number of Stock Acquisition Rights | Total issued: 14,000 stock acquisition rights; unexercised balance as of 30 September 2026: 12,370 stock acquisition rights |
| Procedures under the Corporate Code of Conduct | Revision of the floor exercise price in accordance with the procedures prescribed in the issuance terms |
| Most recent equity financing | Timing 23 July 2026 / Type Issuance of the 10th Series of Stock Acquisition Rights (with an Exercise Price Adjustment Clause) through a third-party allotment / Amount Not disclosed |
| Impact on Business Performance | At this time, this does not constitute a revision to the consolidated earnings forecast for the fiscal year ending December 2026. |
Items this document does not state (17)
Total issue valueAmount of funds to be raisedEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateBasis for determining the amount to be paidTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor shareholders after the offering
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 market share price had remained below ¥437, making it difficult to raise funds through the exercise of the stock acquisition rights. The floor exercise price was revised to secure the effectiveness and flexibility of fundraising as a means of financing investments in the business at an early stage.
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.