Worth reading
67In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1425100
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Exercise of stock acquisition rights with an exercise price adjustment clause
発行・処分する株式数1,425,100Shares
New shares: 1,425,100 shares
発行済株式総数
10.48% of the total number issued (shares exercised in this transaction)
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
The exercise prices on the respective exercise dates were ¥72.7, ¥70.9, ¥70.0, ¥72.7, ¥68.1, ¥67.2, ¥69.0 and ¥66.3. The lower limit under the adjustment clause is not disclosed.
Number of Stock Acquisition Rights
Total number issued: 135,984 rights (14,251 rights, or 10.48% of the total number issued). Unexercised rights as of the end of the previous month: 29,235; current unexercised rights: 14,984
Basis for determining the amount to be paid
With an exercise price adjustment clause. The exercise price on each exercise date is stated as ¥67.2–¥72.7, but the period used as the basis for the closing price and average share price, as well as the discount and premium rates, is not disclosed.
Most recent equity financing
Timing 15 December 2025 / Type Issuance of the 23rd Series Stock Acquisition Rights (with Exercise Price Adjustment Clause) / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Exercise of stock acquisition rights with an exercise price adjustment clause |
| Number of shares to be issued or disposed of | New shares: 1,425,100 shares |
| Dilution Rate | 10.48% of the total number issued (shares exercised in this transaction) |
| Total number of issued shares | 78,940,200 shares (as of the end of the previous month, including 22,819 treasury shares) → Not disclosed |
| Basis for determining the amount to be paid | With an exercise price adjustment clause. The exercise price on each exercise date is stated as ¥67.2–¥72.7, but the period used as the basis for the closing price and average share price, as well as the discount and premium rates, is not disclosed. |
| Exercise price | The exercise prices on the respective exercise dates were ¥72.7, ¥70.9, ¥70.0, ¥72.7, ¥68.1, ¥67.2, ¥69.0 and ¥66.3. The lower limit under the adjustment clause is not disclosed. |
| Number of Stock Acquisition Rights | Total number issued: 135,984 rights (14,251 rights, or 10.48% of the total number issued). Unexercised rights as of the end of the previous month: 29,235; current unexercised rights: 14,984 |
| Most recent equity financing | Timing 15 December 2025 / Type Issuance of the 23rd Series Stock Acquisition Rights (with Exercise Price Adjustment Clause) / Amount Not disclosed |
Items this document does not state (20)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyExercise periodTransfer 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.To report the status of the bulk exercise. No other reason is disclosed.
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.