Worth reading
66In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
63422
unitsWording
Conditional
How definitive the wording is.Details of issuance or disposal
Acquisition and cancellation of share acquisition rights with an exercise price adjustment clause
Who receives how much
6,342,200 shares (63,422 stock acquisition rights subject to acquisition and cancellation)
SBI SECURITIES Co., Ltd. (the allottee at the time of issuance on 20 October 2025)
The lower thin line represents the existing number of shares to which these shares will be added.
Amount of funds to be raised
Approximately ¥1,500 million (funds raised through exercises up to today) / approximate net proceeds: Not disclosed
Specific use of funds
Funds for investment in growth areas
Funds for repayment of borrowings
Terms of the stock acquisition rights
Exercise price
Only the presence of an exercise price adjustment clause is disclosed. The initial exercise price, details of the adjustment clause and floor price are Not disclosed
Number of Stock Acquisition Rights
Total number issued: Not disclosed / unexercised balance: 63,422 rights / after acquisition and cancellation: 0 rights
Reason for acquisition without consideration
Pursuant to the provisions of the third-party allotment agreement, the Company will notify the allottee of its request for acquisition and acquire all unexercised stock acquisition rights
Offering structure
Underwriter / lead underwriter
SBI SECURITIES CO., LTD.
Most recent equity financing
Timing 20 October 2025 / Type Issuance of the 26th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause) / Amount Not disclosed
Impact on Business Performance
The impact of the acquisition and cancellation of these stock acquisition rights on earnings for the current fiscal year is minor.
Acquisition price
¥32,028,110 (¥505 per stock acquisition right)
Acquisition and cancellation date
29 June 2026 (予定)
| Item | Details |
|---|---|
| Type of issuance or disposal | Acquisition and cancellation of share acquisition rights with an exercise price adjustment clause |
| Number of shares to be issued or disposed of | 6,342,200 shares (63,422 stock acquisition rights subject to acquisition and cancellation) |
| Amount of funds to be raised | Approximately ¥1,500 million (funds raised through exercises up to today) / approximate net proceeds: Not disclosed |
| Specific use of funds | Details Funds for investment in growth areas / Amount Not disclosed / Scheduled timing of expenditures Not disclosed, Details Funds for repayment of borrowings / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Intended allottee | SBI SECURITIES Co., Ltd. (the allottee at the time of issuance on 20 October 2025) |
| Exercise price | Only the presence of an exercise price adjustment clause is disclosed. The initial exercise price, details of the adjustment clause and floor price are Not disclosed |
| Number of Stock Acquisition Rights | Total number issued: Not disclosed / unexercised balance: 63,422 rights / after acquisition and cancellation: 0 rights |
| Reason for acquisition without consideration | Pursuant to the provisions of the third-party allotment agreement, the Company will notify the allottee of its request for acquisition and acquire all unexercised stock acquisition rights |
| Underwriter / lead underwriter | SBI SECURITIES CO., LTD. |
| Most recent equity financing | Timing 20 October 2025 / Type Issuance of the 26th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause) / Amount Not disclosed |
| Impact on Business Performance | The impact of the acquisition and cancellation of these stock acquisition rights on earnings for the current fiscal year is minor. |
| Acquisition price | ¥32,028,110 (¥505 per stock acquisition right) |
| Acquisition and cancellation date | 29 June 2026 (予定) |
Items this document does not state (17)
Issue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodTransfer restriction periodConditions for lifting transfer restrictionsCategories and Number of Persons CoveredTotal Stock-Based CompensationOverallotmentStock 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.To improve the supply-demand balance for the shares, take into consideration the impact of dilution on existing shareholders, and optimize the overall capital policy in light of market trends, the share price level and exercise results since issuance.
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.