Details of issuance or disposal
Share options granted as stock options (Open House Group Co., Ltd. Series 15 Share Options)
Up to 107,200 common shares (1,072 share options, 100 shares per share option)
The specific amounts payable for the share options and upon exercise are Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Share options granted as stock options (Open House Group Co., Ltd. Series 15 Share Options) |
| Number of shares to be issued or disposed of | Up to 107,200 common shares (1,072 share options, 100 shares per share option) |
| Issue price and disposal price | An amount equal to the fair value per share option calculated using the Black-Scholes model on the allotment date, multiplied by the number of shares underlying the share options. The specific amount is Not disclosed |
| Amount of funds to be raised | The specific amounts payable for the share options and upon exercise are Not disclosed |
| Payment date | 5 June 2026 (allotment date of the share options) |
| Intended allottee | Category The Company's employees / Number of Employees 52 / Number of stock acquisition rights 174, Category Directors of the Company's wholly owned subsidiary / Number of Employees 6 / Number of stock acquisition rights 24, Category Executive officers of the Company's wholly owned subsidiaries / Number of Employees 16 / Number of stock acquisition rights 56, Category Employees of the Company's wholly owned subsidiaries / Number of Employees 288 / Number of stock acquisition rights 818 |
| Basis for determining the amount to be paid | The payment amount for the share options will be the fair value per share option calculated using the Black-Scholes model on the allotment date. The exercise price will be the average closing price of the Company's common shares in regular trading on the Tokyo Stock Exchange during the month preceding the month containing the allotment date, multiplied by 1.05. However, if this amount is below the closing price on the allotment date, the exercise price will be the closing price on the allotment date. |
| Exercise price | The average closing price on each trading day during the month preceding the month containing the allotment date multiplied by 1.05. However, if this amount is below the closing price on the allotment date, the exercise price will be the closing price on the allotment date. Adjustment provisions apply in connection with stock splits, reverse stock splits, issuances below market value and other events. The floor is Not disclosed |
| Exercise period | From 6 June 2028 through 15 May 2036 |
| Number of Stock Acquisition Rights | Total number to be issued: 1,072. The number of outstanding unexercised share options is Not disclosed |
| Reason for acquisition without consideration | If a proposal concerning a merger, company split, share exchange, share transfer, certain amendments to the Articles of Incorporation or other specified matters is approved. Also, if a holder of share options ceases to satisfy the exercise conditions. |
| Categories and Number of Persons Covered | 52 Company employees, 174 share options; 6 directors of the Company's wholly owned subsidiaries, 24 share options; 16 executive officers of the Company's wholly owned subsidiaries, 56 share options; 288 employees of the Company's wholly owned subsidiaries, 818 share options |
Items this document does not state (16)
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The reasons the company gives
The company's own explanation, not something inferred from the numbers.To increase motivation to improve the consolidated performance of the Company Group and foster a shared commitment to enhancing shareholder value.