Worth reading
38Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1308000
SharesWording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Off-auction sale of shares
Who receives how much1,308,000Shares
1,308,000 shares (shares scheduled to be sold by existing shareholders)
An unspecified number of investors (limited to 10,000 shares per purchasing customer)
The lower thin line represents the existing number of shares to which these shares will be added.
To be determined based on the closing price or final quote on the day before the off-auction distribution
Basis for determining the amount to be paid
To be determined based on the closing price or final quote on the day before the off-auction distribution
| Item | Details |
|---|---|
| Type of issuance or disposal | Off-auction sale of shares |
| Number of shares to be issued or disposed of | 1,308,000 shares (shares scheduled to be sold by existing shareholders) |
| Issue price and disposal price | To be determined based on the closing price or final quote on the day before the off-auction distribution |
| Intended allottee | An unspecified number of investors (limited to 10,000 shares per purchasing customer) |
| Basis for determining the amount to be paid | To be determined based on the closing price or final quote on the day before the off-auction distribution |
Items this document does not state (23)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer 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 ConductMost recent equity financingMajor 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.The company determined that the transaction would contribute to improving the distribution of its shares and enhancing liquidity, following an indication from shareholders of their intention to sell a certain number of shares. The transaction may be cancelled or postponed due to sudden fluctuations in the share price or other factors.
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.