Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1000
unitsWording
Conditional
How definitive the wording is.Details of issuance or disposal
Approval of the partial transfer of stock acquisition rights
Intended allottee
Category 3 directors of the Company / Number of Shares 1,000 stock acquisition rights (each stock acquisition right entitles the holder to acquire 100 common shares)
Terms of the stock acquisition rights
Exercise price
¥820. The adjustment provisions are not disclosed.
Exercise period
1 October 2004 to 30 September 2026
Number of Stock Acquisition Rights
Total issued: 13,000 stock acquisition rights. The number of outstanding unexercised rights is not disclosed. Subject stock acquisition rights: 1,000.
Categories and Number of Persons Covered
3 of the Company's directors; 1,000 stock acquisition rights
Intended allottee's holding policy
The recipients will exercise the stock acquisition rights and hold a certain number of the Company's shares as full-time officers.
Basis for determining the amount to be paid
The transfer price was determined between the parties by reference to the Company's share price on 24 June 2026. The specific amount and the discount and premium rates are not disclosed.
Procedures under the Corporate Code of Conduct
The Board of Directors resolved to approve the transfer at a meeting held today.
Most recent equity financing
Timing 30 September 2024 / Type Issuance of the Fourth Series Stock Acquisition Rights / Amount 13,000 stock acquisition rights; issue price of ¥700 per right
Impact on Business Performance
The Company expects the impact of the transfer of the subject stock acquisition rights on its results for the fiscal year ending December 2026 to be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Approval of the partial transfer of stock acquisition rights |
| Intended allottee | Category 3 directors of the Company / Number of Shares 1,000 stock acquisition rights (each stock acquisition right entitles the holder to acquire 100 common shares) |
| Intended allottee's holding policy | The recipients will exercise the stock acquisition rights and hold a certain number of the Company's shares as full-time officers. |
| Basis for determining the amount to be paid | The transfer price was determined between the parties by reference to the Company's share price on 24 June 2026. The specific amount and the discount and premium rates are not disclosed. |
| Exercise price | ¥820. The adjustment provisions are not disclosed. |
| Exercise period | 1 October 2004 to 30 September 2026 |
| Number of Stock Acquisition Rights | Total issued: 13,000 stock acquisition rights. The number of outstanding unexercised rights is not disclosed. Subject stock acquisition rights: 1,000. |
| Categories and Number of Persons Covered | 3 of the Company's directors; 1,000 stock acquisition rights |
| Procedures under the Corporate Code of Conduct | The Board of Directors resolved to approve the transfer at a meeting held today. |
| Most recent equity financing | Timing 30 September 2024 / Type Issuance of the Fourth Series Stock Acquisition Rights / Amount 13,000 stock acquisition rights; issue price of ¥700 per right |
| Impact on Business Performance | The Company expects the impact of the transfer of the subject stock acquisition rights on its results for the fiscal year ending December 2026 to be immaterial. |
Items this document does not state (17)
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 dateDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor 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.The Company determined that having management hold shares would increase their awareness of enhancing corporate value and contribute to stronger governance and greater confidence in management.
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.