Worth reading
52Recurring
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
1
As a percentage of total shares issued (%)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as tax-qualified stock options
発行・処分する株式数
130,000 common shares (1,300 stock acquisition rights, 100 shares per right)
Intended allottee
Category Directors of the company / Number of Employees 1 / Number of stock acquisition rights 300, Category The Company's employees / Number of Employees 2 / Number of stock acquisition rights 250 rights, Category Directors of the company's subsidiaries / Number of Employees 2 / Number of stock acquisition rights 450 rights, Category Employees of the company's subsidiaries / Number of Employees 5 / Number of stock acquisition rights 300
No consideration
Total issue value
No consideration
発行済株式総数
1.0% of the total number of issued shares as of the end of December 2025
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
¥297 per share. Adjustment provisions apply in the event of a stock split or consolidation, the issuance of new shares or disposal of treasury shares at a price below market value, a corporate reorganization or other similar event. The minimum price is Not disclosed.
Exercise period
Start Date 4 April 2028 / End date 18 March 2036
Number of Stock Acquisition Rights
Total issued: 1,300. Unexercised balance: Not disclosed.
Reason for acquisition without consideration
If a resolution approving a merger, company split, share exchange, share transfer or other similar transaction is adopted, or if a holder becomes unable to exercise the rights under the exercise conditions, the Company may acquire all or the relevant stock acquisition rights free of charge.
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
50% of the allocated number may be exercised from 4 April 2028, and 100% from 4 April 2029. The holder must be a director or employee of the Company, its subsidiaries or affiliates at the time of exercise, subject to certain exceptions.
Categories and Number of Persons Covered
1 Company director, 300 rights; 2 Company employees, 250 rights; 2 directors of the Company's subsidiaries, 450 rights; 5 employees of the Company's subsidiaries, 300 rights
Procedures under the Corporate Code of Conduct
Implemented based on a resolution approving the matter by the Board of Directors. Not disclosed whether an independent third-party opinion was obtained or shareholder approval was sought.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as tax-qualified stock options |
| Number of shares to be issued or disposed of | 130,000 common shares (1,300 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | No consideration |
| Total issue value | No consideration |
| Intended allottee | Category Directors of the company / Number of Employees 1 / Number of stock acquisition rights 300, Category The Company's employees / Number of Employees 2 / Number of stock acquisition rights 250 rights, Category Directors of the company's subsidiaries / Number of Employees 2 / Number of stock acquisition rights 450 rights, Category Employees of the company's subsidiaries / Number of Employees 5 / Number of stock acquisition rights 300 |
| Dilution Rate | 1.0% of the total number of issued shares as of the end of December 2025 |
| Exercise price | ¥297 per share. Adjustment provisions apply in the event of a stock split or consolidation, the issuance of new shares or disposal of treasury shares at a price below market value, a corporate reorganization or other similar event. The minimum price is Not disclosed. |
| Exercise period | Start Date 4 April 2028 / End date 18 March 2036 |
| Number of Stock Acquisition Rights | Total issued: 1,300. Unexercised balance: Not disclosed. |
| Conditions for lifting transfer restrictions | 50% of the allocated number may be exercised from 4 April 2028, and 100% from 4 April 2029. The holder must be a director or employee of the Company, its subsidiaries or affiliates at the time of exercise, subject to certain exceptions. |
| Reason for acquisition without consideration | If a resolution approving a merger, company split, share exchange, share transfer or other similar transaction is adopted, or if a holder becomes unable to exercise the rights under the exercise conditions, the Company may acquire all or the relevant stock acquisition rights free of charge. |
| Categories and Number of Persons Covered | 1 Company director, 300 rights; 2 Company employees, 250 rights; 2 directors of the Company's subsidiaries, 450 rights; 5 employees of the Company's subsidiaries, 300 rights |
| Procedures under the Corporate Code of Conduct | Implemented based on a resolution approving the matter by the Board of Directors. Not disclosed whether an independent third-party opinion was obtained or shareholder approval was sought. |
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyTotal number of issued sharesBasis for determining the amount to be paidTransfer restriction periodTotal 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.To increase the motivation and morale of eligible persons and strengthen the cohesion of the Group in pursuit of medium- to long-term earnings growth and increased 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.
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.