Worth reading
72In focus
Scored from 2 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
24
Yen reductionWording
Definitive
How definitive the wording is.Details of issuance or disposal
Revision of the exercise price of stock acquisition rights with an exercise-price revision provision
発行・処分する株式数
Number of underlying shares: 130,000,000 shares (1,300,000 stock acquisition rights)
Terms of the stock acquisition rights
Exercise price
Before revision: 54 yen; after revision: 30 yen. Revision provision: applicable. Minimum exercise price: 30 yen
Number of Stock Acquisition Rights
Total issued: 1,300,000; outstanding and unexercised: 1,300,000
Basis for determining the amount to be paid
An amount equivalent to 90% of the closing price of 28 yen on the trading day immediately preceding the resolution date. The minimum exercise price was set at 30 yen.
Most recent equity financing
Timing 26 December 2025 / Type Issuance of the Twelfth Series of Stock Acquisition Rights / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Revision of the exercise price of stock acquisition rights with an exercise-price revision provision |
| Number of shares to be issued or disposed of | Number of underlying shares: 130,000,000 shares (1,300,000 stock acquisition rights) |
| Basis for determining the amount to be paid | An amount equivalent to 90% of the closing price of 28 yen on the trading day immediately preceding the resolution date. The minimum exercise price was set at 30 yen. |
| Exercise price | Before revision: 54 yen; after revision: 30 yen. Revision provision: applicable. Minimum exercise price: 30 yen |
| Number of Stock Acquisition Rights | Total issued: 1,300,000; outstanding and unexercised: 1,300,000 |
| Most recent equity financing | Timing 26 December 2025 / Type Issuance of the Twelfth Series of Stock Acquisition Rights / Amount Not disclosed |
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 sharesExercise 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 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 revision provision for the exercise price stipulated in Item (1) of Paragraph 10 of the Issuance Terms was applied. The amount equivalent to 90% of the closing price of 28 yen on the immediately preceding trading day, or 26 yen, was below the minimum exercise price of 30 yen.
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.