Exercise status and outlook for stock acquisition rights
Saikaya Department Store Co.,Ltd. (a consolidated subsidiary of the filing company)
First Series Stock Acquisition Rights issued by Saikaya Department Store Co.,Ltd. through a third-party allotment, with an exercise price adjustment clause
The number of tradable shares was extremely low, making it necessary to increase the number of tradable shares in order to meet the continued listing criterion for the market capitalization of tradable shares. In addition, the company's share price has remained below initial expectations.
Related procedures
Tokyo Stock Exchange (reference to the continued listing criteria)
Provided that the share price does not fall below the minimum exercise price of ¥210 by 24 July 2026, the exercise and market sale of stock acquisition rights covering 986,000 shares are expected to be largely complete, and additional exercise and market sales are expected to be limited from August 2026 onward.
| Item | Details |
|---|---|
| Event name | Exercise status and outlook for stock acquisition rights |
| Date of occurrence | 28 May 2026 (the date on which the exercise status and outlook were disclosed) |
| Date recognized / date notice received | 28 May 2026 |
| Subject Entity | Saikaya Department Store Co.,Ltd. (a consolidated subsidiary of the filing company) |
| Target Locations / Products | First Series Stock Acquisition Rights issued by Saikaya Department Store Co.,Ltd. through a third-party allotment, with an exercise price adjustment clause |
| Cause | The number of tradable shares was extremely low, making it necessary to increase the number of tradable shares in order to meet the continued listing criterion for the market capitalization of tradable shares. In addition, the company's share price has remained below initial expectations. |
| Court or authority | Tokyo Stock Exchange (reference to the continued listing criteria) |
| Outlook | Provided that the share price does not fall below the minimum exercise price of ¥210 by 24 July 2026, the exercise and market sale of stock acquisition rights covering 986,000 shares are expected to be largely complete, and additional exercise and market sales are expected to be limited from August 2026 onward. |
Items this document does not state (17)
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 increase the number of tradable shares and raise the market capitalization of tradable shares in order to meet the Tokyo Stock Exchange's continued listing criteria. As the share price has remained below initial expectations, the company is providing an update on the progress and outlook for the exercise and market sale of the stock acquisition rights.