Worth reading
26Immaterial
Scored from 1 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
23.81
Average closing price over 21 trading days (¥)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Activation of the mandatory exercise provision relating to paid stock options (23rd Series Stock Acquisition Rights)
発行・処分する株式数
Common shares underlying the rights: 3,811,000 (38,110 stock acquisition rights)
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥60 per share. A mandatory exercise provision applies if the average closing price over 21 trading days falls below 40% of the exercise price. The floor under the adjustment provision is Not disclosed.
Exercise period
14 May 2027–13 May 2031
Number of Stock Acquisition Rights
Initially issued: 38,110; remaining at activation: 38,110
Impact on Business Performance
As of now, no payment or issuance of new shares in connection with the exercise of these stock acquisition rights has occurred.
| Item | Details |
|---|---|
| Type of issuance or disposal | Activation of the mandatory exercise provision relating to paid stock options (23rd Series Stock Acquisition Rights) |
| Number of shares to be issued or disposed of | Common shares underlying the rights: 3,811,000 (38,110 stock acquisition rights) |
| Exercise price | Initial exercise price: ¥60 per share. A mandatory exercise provision applies if the average closing price over 21 trading days falls below 40% of the exercise price. The floor under the adjustment provision is Not disclosed. |
| Exercise period | 14 May 2027–13 May 2031 |
| Number of Stock Acquisition Rights | Initially issued: 38,110; remaining at activation: 38,110 |
| Impact on Business Performance | As of now, no payment or issuance of new shares in connection with the exercise of these stock acquisition rights has occurred. |
Items this document does not state (22)
Issue 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 paidTransfer 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 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.The average closing price for the most recent 21 trading days, including the current day, fell below ¥24, which is 40% of the initial exercise price of ¥60.
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.