Worth reading
42Recurring
Scored from 1 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Adjustment of the conversion price of convertible bonds with stock acquisition rights (CBs)
Terms of the stock acquisition rights
Exercise price
The adjustment formula for the conversion price is provided, but the specific conversion prices before and after the adjustment and the revised floor price are not disclosed
Procedures under the Corporate Code of Conduct
Conv-Ex Advisors Limited has been appointed as the independent financial adviser, and advice will be obtained on the method of adjusting the conversion price, which the company plans to follow
| Item | Details |
|---|---|
| Type of issuance or disposal | Adjustment of the conversion price of convertible bonds with stock acquisition rights (CBs) |
| Exercise price | The adjustment formula for the conversion price is provided, but the specific conversion prices before and after the adjustment and the revised floor price are not disclosed |
| Procedures under the Corporate Code of Conduct | Conv-Ex Advisors Limited has been appointed as the independent financial adviser, and advice will be obtained on the method of adjusting the conversion price, which the company plans to follow |
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 RatioMost 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.The conversion price will be adjusted in accordance with the terms and conditions of the convertible bonds with stock acquisition rights in connection with the planned implementation of the spin-off. The adjustment method is scheduled to be determined in accordance with advice from Conv-Ex Advisors Limited, the independent financial adviser.
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.