Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
2.98
% (dilution rate relative to the total number of issued shares)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of paid stock options (stock acquisition rights)
発行・処分する株式数
548,000株（新株予約権5,480個×100株）
Intended allottee
Category 3 directors of the Company / Number of stock acquisition rights 1,700個, Category 当社従業員51名 / Number of stock acquisition rights 3,780個
¥100 per stock acquisition right
Total issue value548,000Yen
Amount of funds to be raised
払込金額の総額548,000円、差引手取概算額 Not disclosed
Total Stock-Based Compensation
Not applicable（報酬としてではなく、個別の投資判断に基づく有償引受け）
Existing Shares and Increase
+2.98%Rate of increase
18,368,340 shares18,916,340Shares
2.98％（発行済株式総数18,368,340株に対して）
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Terms of the stock acquisition rights
Exercise price
当初行使価額1,937円/株。株式分割・株式併合、時価を下回る価額での新株発行・自己株式処分、組織再編等に伴う調整条項あり。修正の下限はNot disclosed
Exercise period
Start Date 1 April 2031 / End date 31 March 2036
Number of Stock Acquisition Rights
発行総数5,480個、未行使残の個数Not disclosed
Reason for acquisition without consideration
合併・会社分割・株式交換等について承認決議がなされた場合、または新株予約権者が行使条件により行使できなくなった場合、当社は本新株予約権を無償取得できる
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Conditions for lifting transfer restrictions
2030年12月期の連結売上高が35,000百万円を超過し、かつEBITDAが10,000百万円を超過した場合に限り、それ以降行使可能。権利行使時に当社または当社関係会社の取締役、監査役または従業員であることも必要（一定の例外あり）
Categories and Number of Persons Covered
Category Directors of the company / Number of Employees 3 / Number of allocated shares Equivalent to 170,000 shares, Category The Company's employees / Number of Employees 51 / Number of allocated shares 378,000株相当
Payment date
19 March 2026
Basis for determining the amount to be paid
新株予約権1個あたり100円。取締役会決議前取引日の終値1,937円/株、株価変動性47.78％、配当利回り1.29％、無リスク利子率2.166％、行使価額1,937円/株、行使期間、業績条件等を前提に、第三者評価機関の株式会社プルータス・コンサルティングがモンテカルロ・シミュレーションで算定した公正価値を参考に決定。ディスカウント率またはプレミアム率はNot disclosed
Procedures under the Corporate Code of Conduct
支配株主と利害関係のない独立役員である取締役監査等委員3名から、少数株主にとって不利益でないことについての意見書を取得。付与対象の取締役3名は取締役会決議に参加していない。第三者評価機関による公正価値評価も実施
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of paid stock options (stock acquisition rights) |
| Number of shares to be issued or disposed of | 548,000株（新株予約権5,480個×100株） |
| Issue price and disposal price | ¥100 per stock acquisition right |
| Total issue value | 548,000円 |
| Amount of funds to be raised | 払込金額の総額548,000円、差引手取概算額 Not disclosed |
| Payment date | 19 March 2026 |
| Intended allottee | Category 3 directors of the Company / Number of stock acquisition rights 1,700個, Category 当社従業員51名 / Number of stock acquisition rights 3,780個 |
| Dilution Rate | 2.98％（発行済株式総数18,368,340株に対して） |
| Total number of issued shares | 18,368,340株 → 18,916,340株（全新株予約権行使時）（2.98％） |
| Basis for determining the amount to be paid | 新株予約権1個あたり100円。取締役会決議前取引日の終値1,937円/株、株価変動性47.78％、配当利回り1.29％、無リスク利子率2.166％、行使価額1,937円/株、行使期間、業績条件等を前提に、第三者評価機関の株式会社プルータス・コンサルティングがモンテカルロ・シミュレーションで算定した公正価値を参考に決定。ディスカウント率またはプレミアム率はNot disclosed |
| Exercise price | 当初行使価額1,937円/株。株式分割・株式併合、時価を下回る価額での新株発行・自己株式処分、組織再編等に伴う調整条項あり。修正の下限はNot disclosed |
| Exercise period | Start Date 1 April 2031 / End date 31 March 2036 |
| Number of Stock Acquisition Rights | 発行総数5,480個、未行使残の個数Not disclosed |
| Conditions for lifting transfer restrictions | 2030年12月期の連結売上高が35,000百万円を超過し、かつEBITDAが10,000百万円を超過した場合に限り、それ以降行使可能。権利行使時に当社または当社関係会社の取締役、監査役または従業員であることも必要（一定の例外あり） |
| Reason for acquisition without consideration | 合併・会社分割・株式交換等について承認決議がなされた場合、または新株予約権者が行使条件により行使できなくなった場合、当社は本新株予約権を無償取得できる |
| Categories and Number of Persons Covered | Category Directors of the company / Number of Employees 3 / Number of allocated shares Equivalent to 170,000 shares, Category The Company's employees / Number of Employees 51 / Number of allocated shares 378,000株相当 |
| Total Stock-Based Compensation | Not applicable（報酬としてではなく、個別の投資判断に基づく有償引受け） |
| Procedures under the Corporate Code of Conduct | 支配株主と利害関係のない独立役員である取締役監査等委員3名から、少数株主にとって不利益でないことについての意見書を取得。付与対象の取締役3名は取締役会決議に参加していない。第三者評価機関による公正価値評価も実施 |
Items this document does not state (10)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyTransfer restriction periodUnderwriter / 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.中長期的な業績拡大と企業価値の増大に向けて、役職員の意欲・士気を高め、結束力を強化するため。2030年12月期の連結売上高350億円超およびEBITDA100億円超を権利行使条件とし、企業価値・株主価値の向上を目指すとしている。
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.