Details of issuance or disposal
Monthly exercise status of the 12th Series Stock Acquisition Rights (with provisions for adjustment of the exercise price) issued through a third-party allotment
Shares delivered during the month: 616,000 shares (new shares). Treasury shares transferred: –
Exercise ratio subject to exercise restrictions: 9.4% (616,000 delivered shares / 6,544,419 listed shares outstanding as of the payment date for the issuance)
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Monthly exercise status of the 12th Series Stock Acquisition Rights (with provisions for adjustment of the exercise price) issued through a third-party allotment |
| Number of shares to be issued or disposed of | Shares delivered during the month: 616,000 shares (new shares). Treasury shares transferred: – |
| Intended allottee | EVO FUND (allottee at the time of issuance) |
| Dilution Rate | Exercise ratio subject to exercise restrictions: 9.4% (616,000 delivered shares / 6,544,419 listed shares outstanding as of the payment date for the issuance) |
| Total number of issued shares | 8,454,419 shares (as of the end of the month preceding the month concerned) → Not disclosed |
| Exercise price | Exercise prices during the month: ¥377, ¥370, ¥365, ¥298, ¥272, ¥261 and ¥229. An exercise price adjustment clause applies. The adjustment floor is Not disclosed. |
| Number of Stock Acquisition Rights | Total issued: 60,000 rights. Unexercised balance as of the end of the month preceding the subject month: 43,900 rights. Unexercised balance as of the end of the subject month: 37,740 rights. Rights exercised during the month: 6,160. |
| Procedures under the Corporate Code of Conduct | The disclosure describes compliance with the exercise restrictions under Article 434 of the Listing Regulations. |
| Most recent equity financing | 8 December 2025: Issuance through a private placement of new shares, the 12th Series of Stock Acquisition Rights (with an exercise price adjustment clause), the 13th Series of Stock Acquisition Rights, and the First Series of Unsecured Straight Bonds (private placement to a limited number of investors). Amount: Not disclosed. |
Items this document does not state (19)
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 monthly exercise status of the 12th Series of Stock Acquisition Rights in May 2026.