The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Notice Regarding the Adjustment of the Exercise Price of the 9th Series Stock Acquisition Rights and the Conversion Price of the 1st Series Unsecured Convertible Bonds with Stock Acquisition Rights
Open the original documentTable of pre-adjustment and post-adjustment exercise (conversion) prices (Ninth Series Stock Acquisition Rights and First Series Unsecured Convertible Bonds with Stock Acquisition Rights)
Ninth Series Stock Acquisition Rights: ¥643; First Series Unsecured Convertible Bonds with Stock Acquisition Rights: ¥643
Ninth Series Stock Acquisition Rights: ¥641.60; First Series Unsecured Convertible Bonds with Stock Acquisition Rights: ¥641.60
We understand that, even if there were errors in the number of shares delivered in the past, the dilution ratio would be no more than 0.04% and would not have a material impact on the Company's share value or business performance.
It was discovered that the dividend from retained earnings paid at the end of the fiscal year ended July 2024 qualified as a “special dividend” under the exercise price adjustment provisions and conversion price adjustment provisions.
| Item | Details |
|---|---|
| Disclosure subject to correction | Notice Regarding the Adjustment of the Exercise Price of the 9th Series Stock Acquisition Rights and the Conversion Price of the 1st Series Unsecured Convertible Bonds with Stock Acquisition Rights |
| Original disclosure date | 13 October 2026 |
| Location of correction | Table of pre-adjustment and post-adjustment exercise (conversion) prices (Ninth Series Stock Acquisition Rights and First Series Unsecured Convertible Bonds with Stock Acquisition Rights) |
| Details of correction | Ninth Series Stock Acquisition Rights: ¥643; First Series Unsecured Convertible Bonds with Stock Acquisition Rights: ¥643 → Ninth Series Stock Acquisition Rights: ¥641.60; First Series Unsecured Convertible Bonds with Stock Acquisition Rights: ¥641.60 |
| Reason for correction | It was discovered that the dividend from retained earnings paid at the end of the fiscal year ended July 2024 qualified as a “special dividend” under the exercise price adjustment provisions and conversion price adjustment provisions. |
| Impact on Business Performance | We understand that, even if there were errors in the number of shares delivered in the past, the dilution ratio would be no more than 0.04% and would not have a material impact on the Company's share value or business performance. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.It was discovered that the dividend from retained earnings paid at the end of the fiscal year ended July 2024 qualified as a “special dividend” as defined in the terms of issue, requiring correction of the pre-adjustment exercise price and conversion price.