Worth reading
65In focus
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
96000000
Number of potential sharesWording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights with an exercise price adjustment clause through a third-party allotment (No. 70 and No. 71) and acquisition and cancellation of existing stock acquisition rights
Who receives how much
No. 70 Stock Acquisition Rights: equivalent to 48,000,000 shares; No. 71 Stock Acquisition Rights: equivalent to 48,000,000 shares (960,000 stock acquisition rights in total, with 100 shares per right)
EVO FUND: 480,000 No. 70 Stock Acquisition Rights and 480,000 No. 71 Stock Acquisition Rights
The lower thin line represents the existing number of shares to which these shares will be added.
No. 70 Stock Acquisition Rights: ¥4 per right; No. 71 Stock Acquisition Rights: ¥2 per right
Total issue value
¥2,880,000
Amount of funds to be raised
¥6,768,880,000 (after combining the total payment amount and the contribution amount upon exercise of the stock acquisition rights, and deducting issuance expenses)
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥71. Subject to an adjustment clause. Adjusted to 100% of the closing price on the price calculation date, with a lower exercise price of ¥36. No upper exercise price.
Exercise period
From 3 September 2026 to 3 September 2029
Number of Stock Acquisition Rights
960,000 stock acquisition rights issued in total (480,000 No. 70 and 480,000 No. 71). Unexercised balance: Not disclosed
Intended allottee's holding policy
Any transfer of these stock acquisition rights requires approval by resolution of the Company's Board of Directors. Other details of the holding policy are Not disclosed.
Payment date
2 September 2026
Most recent equity financing
1 June 2022: No. 58 Stock Acquisition Rights issued through a third-party allotment; 12 August 2025: No. 66 and No. 67 Stock Acquisition Rights issued through a third-party allotment
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights with an exercise price adjustment clause through a third-party allotment (No. 70 and No. 71) and acquisition and cancellation of existing stock acquisition rights |
| Number of shares to be issued or disposed of | No. 70 Stock Acquisition Rights: equivalent to 48,000,000 shares; No. 71 Stock Acquisition Rights: equivalent to 48,000,000 shares (960,000 stock acquisition rights in total, with 100 shares per right) |
| Issue price and disposal price | No. 70 Stock Acquisition Rights: ¥4 per right; No. 71 Stock Acquisition Rights: ¥2 per right |
| Total issue value | ¥2,880,000 |
| Amount of funds to be raised | ¥6,768,880,000 (after combining the total payment amount and the contribution amount upon exercise of the stock acquisition rights, and deducting issuance expenses) |
| Payment date | 2 September 2026 |
| Intended allottee | EVO FUND: 480,000 No. 70 Stock Acquisition Rights and 480,000 No. 71 Stock Acquisition Rights |
| Intended allottee's holding policy | Any transfer of these stock acquisition rights requires approval by resolution of the Company's Board of Directors. Other details of the holding policy are Not disclosed. |
| Exercise price | Initial exercise price: ¥71. Subject to an adjustment clause. Adjusted to 100% of the closing price on the price calculation date, with a lower exercise price of ¥36. No upper exercise price. |
| Exercise period | From 3 September 2026 to 3 September 2029 |
| Number of Stock Acquisition Rights | 960,000 stock acquisition rights issued in total (480,000 No. 70 and 480,000 No. 71). Unexercised balance: Not disclosed |
| Most recent equity financing | 1 June 2022: No. 58 Stock Acquisition Rights issued through a third-party allotment; 12 August 2025: No. 66 and No. 67 Stock Acquisition Rights issued through a third-party allotment |
Items this document does not state (16)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesBasis for determining the amount to be paidTransfer 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.For the No. 70 and No. 71 Stock Acquisition Rights, payment of the issue price based on a resolution of the Board of Directors dated 17 August 2026 was completed. For the No. 58, No. 66 and No. 67 Stock Acquisition Rights, the Company resolved to acquire and cancel them. This document does not state any other reasons for the acquisition, cancellation or issuance.
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.