Worth reading
32Immaterial
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
7500
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Acquisition and cancellation of the Fifth Series of Stock Acquisition Rights (with an Option to Elect an Exercise Price Adjustment Clause)
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥900 per share. Details of the adjustment clause and the adjustment floor are Not disclosed
Number of Stock Acquisition Rights
Total issued: 7,500 rights; remaining unexercised: 7,500 rights
Most recent equity financing
Timing 8 November 2023 / Type Issuance of the Fifth Series of Stock Acquisition Rights (with an Option to Elect an Exercise Price Adjustment Clause) / Amount Not disclosed
Impact on Business Performance
The impact on the Company's results for the current fiscal year will be minor.
Acquisition price of stock acquisition rights
¥750,000 in total (¥100 per stock acquisition right)
Acquisition and cancellation date
12 June 2026
Number of stock acquisition rights remaining after cancellation
0 rights
| Item | Details |
|---|---|
| Type of issuance or disposal | Acquisition and cancellation of the Fifth Series of Stock Acquisition Rights (with an Option to Elect an Exercise Price Adjustment Clause) |
| Exercise price | The initial exercise price is ¥900 per share. Details of the adjustment clause and the adjustment floor are Not disclosed |
| Number of Stock Acquisition Rights | Total issued: 7,500 rights; remaining unexercised: 7,500 rights |
| Most recent equity financing | Timing 8 November 2023 / Type Issuance of the Fifth Series of Stock Acquisition Rights (with an Option to Elect an Exercise Price Adjustment Clause) / Amount Not disclosed |
| Impact on Business Performance | The impact on the Company's results for the current fiscal year will be minor. |
| Acquisition price of stock acquisition rights | ¥750,000 in total (¥100 per stock acquisition right) |
| Acquisition and cancellation date | 12 June 2026 |
| Number of stock acquisition rights remaining after cancellation | 0 rights |
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue 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 sharesBasis 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 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.This decision was based on a comprehensive assessment that the share price had remained below the initial exercise price of ¥900 per share through mid-May 2026, leaving all of the rights unexercised, as well as market conditions and the short remaining exercise period.
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.