Worth reading
35Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10975600
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Cancellation of Warrants with an Exercise Price Adjustment Clause
発行・処分する株式数
10,975,600 underlying shares represented by the 109,756 warrants to be cancelled (100 shares per warrant)
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥261. Adjusted to 93% of the closing price on the trading day preceding each adjustment date. Minimum exercise price: ¥150; no maximum.
Exercise period
13 January 2026 to 10 January 2031
Number of Stock Acquisition Rights
Total issued: 229,885 warrants; unexercised warrants before cancellation: 170,435 (as of 31 August 2026); warrants cancelled: 109,756; unexercised warrants after cancellation: 60,679
Most recent equity financing
Timing 13 January 2026 / Type Issuance of the 10th Series of Warrants (with an Exercise Price Adjustment Clause) / Amount Total issue price: ¥26,436,775
Impact on Business Performance
The Company expects the impact of this cancellation on results for the current fiscal year to be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Cancellation of Warrants with an Exercise Price Adjustment Clause |
| Number of shares to be issued or disposed of | 10,975,600 underlying shares represented by the 109,756 warrants to be cancelled (100 shares per warrant) |
| Exercise price | Initial exercise price: ¥261. Adjusted to 93% of the closing price on the trading day preceding each adjustment date. Minimum exercise price: ¥150; no maximum. |
| Exercise period | 13 January 2026 to 10 January 2031 |
| Number of Stock Acquisition Rights | Total issued: 229,885 warrants; unexercised warrants before cancellation: 170,435 (as of 31 August 2026); warrants cancelled: 109,756; unexercised warrants after cancellation: 60,679 |
| Most recent equity financing | Timing 13 January 2026 / Type Issuance of the 10th Series of Warrants (with an Exercise Price Adjustment Clause) / Amount Total issue price: ¥26,436,775 |
| Impact on Business Performance | The Company expects the impact of this cancellation on results for the current fiscal year to be immaterial. |
Items this document does not state (21)
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 ConductMajor 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 need to raise funds for future business operations has diminished due to changes in the business plan. The cancellation also takes into account the fact that the Company's share price is below the minimum exercise price of these warrants.
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.