Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
19300
Shares (193 stock acquisition rights × 100 shares per right)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as stock compensation-type stock options to executive officers
Who receives how much
19,300 common shares (193 stock acquisition rights, 100 shares per right)
21 executive officers of the company, excluding those concurrently serving as directors: 193 rights
The lower thin line represents the existing number of shares to which these shares will be added.
The payment amount for the stock acquisition rights will be their fair value calculated using the Black-Scholes model on the allocation date. The exercise price will be ¥1 per share.
Total Stock-Based Compensation
Monetary compensation equivalent to the total payment amount for the stock acquisition rights. The amount will be calculated on the allocation date and is therefore not disclosed.
Terms of the stock acquisition rights
Exercise price
The initial exercise price will be ¥1 per share. The adjustment provisions and adjustment floor are not disclosed.
Exercise period
From 4 August 2026 to 3 August 2056
Number of Stock Acquisition Rights
Total to be issued: 193 rights. Number of unexercised rights: not disclosed
Reason for acquisition without consideration
If the rights can no longer be exercised due to the termination of an employment or mandate agreement or for other reasons before exercise, or if a proposal for approval of a corporate reorganization is approved, the company may acquire the unexercised stock acquisition rights without consideration on a date separately determined by the Board of Directors.
Categories and Number of Persons Covered
21 executive officers of the company, excluding those concurrently serving as directors: 193 rights
Payment date
3 August 2026 (allocation date for the stock acquisition rights)
Basis for determining the amount to be paid
The fair value calculated using the Black-Scholes model on the allotment date of the stock acquisition rights. The periods used for the closing price and average share price, and the discount and premium rates, are not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as stock compensation-type stock options to executive officers |
| Number of shares to be issued or disposed of | 19,300 common shares (193 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | The payment amount for the stock acquisition rights will be their fair value calculated using the Black-Scholes model on the allocation date. The exercise price will be ¥1 per share. |
| Payment date | 3 August 2026 (allocation date for the stock acquisition rights) |
| Intended allottee | 21 executive officers of the company, excluding those concurrently serving as directors: 193 rights |
| Basis for determining the amount to be paid | The fair value calculated using the Black-Scholes model on the allotment date of the stock acquisition rights. The periods used for the closing price and average share price, and the discount and premium rates, are not disclosed. |
| Exercise price | The initial exercise price will be ¥1 per share. The adjustment provisions and adjustment floor are not disclosed. |
| Exercise period | From 4 August 2026 to 3 August 2056 |
| Number of Stock Acquisition Rights | Total to be issued: 193 rights. Number of unexercised rights: not disclosed |
| Reason for acquisition without consideration | If the rights can no longer be exercised due to the termination of an employment or mandate agreement or for other reasons before exercise, or if a proposal for approval of a corporate reorganization is approved, the company may acquire the unexercised stock acquisition rights without consideration on a date separately determined by the Board of Directors. |
| Categories and Number of Persons Covered | 21 executive officers of the company, excluding those concurrently serving as directors: 193 rights |
| Total Stock-Based Compensation | Monetary compensation equivalent to the total payment amount for the stock acquisition rights. The amount will be calculated on the allocation date and is therefore not disclosed. |
Items this document does not state (16)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor 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.As part of a review of the executive officer compensation system, to enhance executive officers’ incentive to improve corporate performance and their awareness of shareholder-focused management.
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.