Worth reading
47Recurring
Scored from 3 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
31
Yen/shareWording
Definitive
How definitive the wording is.Details of issuance or disposal
Revision of the conversion price following the issuance, through a third-party allotment, of the 1st Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Subject to a Conversion Price Revision Clause)
Terms of the stock acquisition rights
Exercise price
The conversion price was revised from ¥157 to ¥126. A clause provides for revision to an amount equivalent to 90% of the closing price, with a lower conversion price limit of ¥126.
Most recent equity financing
Timing 1 September 2025 / Type 1st Series Unsecured Convertible Bonds with Stock Acquisition Rights (with conversion price adjustment clauses) / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Revision of the conversion price following the issuance, through a third-party allotment, of the 1st Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Subject to a Conversion Price Revision Clause) |
| Exercise price | The conversion price was revised from ¥157 to ¥126. A clause provides for revision to an amount equivalent to 90% of the closing price, with a lower conversion price limit of ¥126. |
| Most recent equity financing | Timing 1 September 2025 / Type 1st Series Unsecured Convertible Bonds with Stock Acquisition Rights (with conversion price adjustment clauses) / Amount Not disclosed |
Items this document does not state (25)
Number of shares to be issued or disposed ofIssue 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 paidExercise 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 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 was made pursuant to the conversion price revision clause stipulated in the terms of issue of these bonds with stock acquisition rights.
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.