Worth reading
57In focus
Scored from 2 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
130
Yen (reduction in the exercise price and conversion price per share)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Changes to the exercise price of the Sixth Series of Stock Acquisition Rights and the conversion price of the First Series of Unsecured Convertible Bonds with Stock Acquisition Rights
Terms of the stock acquisition rights
Exercise price
Initially ¥432, before adjustment ¥432, after adjustment ¥302. Adjustment provisions apply. The price is adjusted based on the average closing price over 20 consecutive trading days, with a floor of ¥302.
Most recent equity financing
Timing 14 April 2025 / Type Issuance through a third-party allotment of the Sixth Series of Stock Acquisition Rights and the First Series of Unsecured Convertible Bonds with Stock Acquisition Rights / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Changes to the exercise price of the Sixth Series of Stock Acquisition Rights and the conversion price of the First Series of Unsecured Convertible Bonds with Stock Acquisition Rights |
| Exercise price | Initially ¥432, before adjustment ¥432, after adjustment ¥302. Adjustment provisions apply. The price is adjusted based on the average closing price over 20 consecutive trading days, with a floor of ¥302. |
| Most recent equity financing | Timing 14 April 2025 / Type Issuance through a third-party allotment of the Sixth Series of Stock Acquisition Rights and the First Series of Unsecured Convertible Bonds with Stock Acquisition Rights / Amount Not disclosed |
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 RatioProcedures under the Corporate Code of ConductMajor 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 changes resulted from the application of the adjustment provisions for the exercise price and conversion price stipulated in the issuance terms of the relevant stock acquisition rights and unsecured convertible bonds with stock acquisition rights.
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.