Worth reading
30Immaterial
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
5
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights through a third-party allotment (this disclosure concerns the partial waiver and cancellation of those rights)
Intended allottee
Name Japan Industrial Solutions Fund III, L.P. / Number of Shares Not disclosed
Terms of the stock acquisition rights
Exercise price
¥106. Adjustment provisions and adjustment floor: Not disclosed
Number of Stock Acquisition Rights
Total number issued 30 share acquisition rights / Unexercised balance 15 rights before the waiver and 10 rights after the waiver. 5 rights were waived and cancelled on this occasion
Most recent equity financing
Timing 24 October 2023 / Type Third-party allotment of Series 1 stock acquisition rights / Amount Not disclosed
Impact on Business Performance
The waiver of these stock acquisition rights will have no impact on the Company's results.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights through a third-party allotment (this disclosure concerns the partial waiver and cancellation of those rights) |
| Intended allottee | Name Japan Industrial Solutions Fund III, L.P. / Number of Shares Not disclosed |
| Exercise price | ¥106. Adjustment provisions and adjustment floor: Not disclosed |
| Number of Stock Acquisition Rights | Total number issued 30 share acquisition rights / Unexercised balance 15 rights before the waiver and 10 rights after the waiver. 5 rights were waived and cancelled on this occasion |
| Most recent equity financing | Timing 24 October 2023 / Type Third-party allotment of Series 1 stock acquisition rights / Amount Not disclosed |
| Impact on Business Performance | The waiver of these stock acquisition rights will have no impact on the Company's results. |
Items this document does not state (22)
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 allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise 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 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 early repayment, including ¥500 million in principal on a capital-like subordinated loan, caused the exercise requirements for 5 of the 15 stock acquisition rights to no longer be met. The Company determined that the waiver would not result in any particular disadvantage or inconvenience.
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.