Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
750
Units (stock acquisition rights)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as stock options
発行・処分する株式数
Up to 75,000 common shares of the company (up to 750 share acquisition rights, with 100 shares per right)
Intended allottee
Category Directors of the company / Number of Employees Not disclosed / Number of stock acquisition rights Up to 225 rights (including up to 70 rights for outside directors), Category The company's executive officers and employees, and the directors and employees of its subsidiaries / Number of Employees Not disclosed / Number of stock acquisition rights Not disclosed
The share acquisition rights will be issued at no charge. The exercise price per share will be 1.05 times the average closing price on the Tokyo Stock Exchange during the month preceding the month in which the allotment date falls. However, if this amount is lower than the closing price on the allotment date, the closing price on the allotment date will apply.
Total Stock-Based Compensation
Up to ¥30 million in remuneration and other payments to the company's directors, including up to ¥10 million for outside directors
Terms of the stock acquisition rights
Exercise price
The initial exercise price will be 105% of the average closing price during the month preceding the month in which the allotment date falls. However, the closing price on the allotment date will serve as the floor. Adjustment provisions apply in the event of a share split, share consolidation or similar event.
Exercise period
From the date falling 2 years after the date of the allotment resolution through the date falling 10 years after that resolution date
Number of Stock Acquisition Rights
Up to 750 rights in total. Unexercised balance: Not disclosed
Reason for acquisition without consideration
If a proposal for a merger, company split, share exchange, share transfer, conversion into a company with transfer-restricted shares or similar transaction is approved, or if a holder of the share acquisition rights becomes unable to exercise them because the exercise conditions are no longer satisfied or because of the holder's death
Categories and Number of Persons Covered
The company's directors, the company's executive officers and employees, and the directors and employees of the company's subsidiaries. The number of recipients and the number of shares allocated to each category: Not disclosed. Up to 225 rights will be allocated to the company's directors, including up to 70 rights for outside directors.
Payment date
No monetary payment is required in exchange for the share acquisition rights.
Basis for determining the amount to be paid
The exercise price will be 1.05 times the average closing price of the company's common shares on the Tokyo Stock Exchange on each trading day during the month preceding the month in which the allotment date falls. However, if this amount is lower than the closing price on the allotment date, the closing price on the allotment date will apply.
Procedures under the Corporate Code of Conduct
The proposal will be submitted for approval at the 9th Annual General Meeting of Shareholders, scheduled for 17 June 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as stock options |
| Number of shares to be issued or disposed of | Up to 75,000 common shares of the company (up to 750 share acquisition rights, with 100 shares per right) |
| Issue price and disposal price | The share acquisition rights will be issued at no charge. The exercise price per share will be 1.05 times the average closing price on the Tokyo Stock Exchange during the month preceding the month in which the allotment date falls. However, if this amount is lower than the closing price on the allotment date, the closing price on the allotment date will apply. |
| Payment date | No monetary payment is required in exchange for the share acquisition rights. |
| Intended allottee | Category Directors of the company / Number of Employees Not disclosed / Number of stock acquisition rights Up to 225 rights (including up to 70 rights for outside directors), Category The company's executive officers and employees, and the directors and employees of its subsidiaries / Number of Employees Not disclosed / Number of stock acquisition rights Not disclosed |
| Basis for determining the amount to be paid | The exercise price will be 1.05 times the average closing price of the company's common shares on the Tokyo Stock Exchange on each trading day during the month preceding the month in which the allotment date falls. However, if this amount is lower than the closing price on the allotment date, the closing price on the allotment date will apply. |
| Exercise price | The initial exercise price will be 105% of the average closing price during the month preceding the month in which the allotment date falls. However, the closing price on the allotment date will serve as the floor. Adjustment provisions apply in the event of a share split, share consolidation or similar event. |
| Exercise period | From the date falling 2 years after the date of the allotment resolution through the date falling 10 years after that resolution date |
| Number of Stock Acquisition Rights | Up to 750 rights in total. Unexercised balance: Not disclosed |
| Reason for acquisition without consideration | If a proposal for a merger, company split, share exchange, share transfer, conversion into a company with transfer-restricted shares or similar transaction is approved, or if a holder of the share acquisition rights becomes unable to exercise them because the exercise conditions are no longer satisfied or because of the holder's death |
| Categories and Number of Persons Covered | The company's directors, the company's executive officers and employees, and the directors and employees of the company's subsidiaries. The number of recipients and the number of shares allocated to each category: Not disclosed. Up to 225 rights will be allocated to the company's directors, including up to 70 rights for outside directors. |
| Total Stock-Based Compensation | Up to ¥30 million in remuneration and other payments to the company's directors, including up to ¥10 million for outside directors |
| Procedures under the Corporate Code of Conduct | The proposal will be submitted for approval at the 9th Annual General Meeting of Shareholders, scheduled for 17 June 2026. |
Items this document does not state (15)
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 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.To further increase the motivation and morale of the company's and its subsidiaries' directors, executive officers and employees to improve the performance of the group, and thereby enhance corporate value.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.