Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
472
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of share acquisition rights as stock options
Who receives how much
47,200 common shares (472 Stock Acquisition Rights, 100 shares per right)
19 employees of the Company42,500 shares (425 rights)
4 employees of the Company's subsidiaries4,700 shares (47 rights)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
Not applicable (the Stock Acquisition Rights will be issued at no cost)
Total issue value
Not applicable (the Stock Acquisition Rights will be issued at no cost)
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥300 per share. Adjustment provisions apply in the event of a stock split, consolidation of shares, or the issuance of new shares or disposal of treasury shares below market value, among other events. No floor price adjustment provision linked to the share price is stated.
Exercise period
From 13 June 2028 to 23 May 2036 (if the final day is not a banking business day, the preceding banking business day)
Number of Stock Acquisition Rights
Total issuance: 472 rights. The number of outstanding unexercised rights is Not disclosed.
Reason for acquisition without consideration
If approval or other authorization is granted for a merger, company split, share exchange, share transfer, or similar transaction, if the rights can no longer be exercised under the exercise conditions, if approval is granted for certain share consolidations, or if approval is granted for a demand by a Special Controlling Shareholder for the sale of shares, the Company may acquire all or the applicable portion of these Stock Acquisition Rights at no cost.
Categories and Number of Persons Covered
19 employees of the Company: 425 rights; 4 employees of the Company's subsidiaries: 47 rights
Intended allottee's holding policy
The acquisition of the stock acquisition rights by transfer requires the approval of the Company's Board of Directors.
Payment date
Not applicable (no monetary payment is required in exchange for the stock acquisition rights)
Basis for determining the amount to be paid
The exercise price is ¥300, the closing price on 25 May 2026, the trading day immediately preceding the date of the Board of Directors' resolution concerning the issuance of these Stock Acquisition Rights. No discount or premium rate is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of share acquisition rights as stock options |
| Number of shares to be issued or disposed of | 47,200 common shares (472 Stock Acquisition Rights, 100 shares per right) |
| Issue price and disposal price | Not applicable (the Stock Acquisition Rights will be issued at no cost) |
| Total issue value | Not applicable (the Stock Acquisition Rights will be issued at no cost) |
| Payment date | Not applicable (no monetary payment is required in exchange for the stock acquisition rights) |
| Intended allottee | Name 19 employees of the Company / Number of Shares 42,500 shares (425 rights), Name 4 employees of the Company's subsidiaries / Number of Shares 4,700 shares (47 rights) |
| Intended allottee's holding policy | The acquisition of the stock acquisition rights by transfer requires the approval of the Company's Board of Directors. |
| Basis for determining the amount to be paid | The exercise price is ¥300, the closing price on 25 May 2026, the trading day immediately preceding the date of the Board of Directors' resolution concerning the issuance of these Stock Acquisition Rights. No discount or premium rate is stated. |
| Exercise price | The initial exercise price is ¥300 per share. Adjustment provisions apply in the event of a stock split, consolidation of shares, or the issuance of new shares or disposal of treasury shares below market value, among other events. No floor price adjustment provision linked to the share price is stated. |
| Exercise period | From 13 June 2028 to 23 May 2036 (if the final day is not a banking business day, the preceding banking business day) |
| Number of Stock Acquisition Rights | Total issuance: 472 rights. The number of outstanding unexercised rights is Not disclosed. |
| Reason for acquisition without consideration | If approval or other authorization is granted for a merger, company split, share exchange, share transfer, or similar transaction, if the rights can no longer be exercised under the exercise conditions, if approval is granted for certain share consolidations, or if approval is granted for a demand by a Special Controlling Shareholder for the sale of shares, the Company may acquire all or the applicable portion of these Stock Acquisition Rights at no cost. |
| Categories and Number of Persons Covered | 19 employees of the Company: 425 rights; 4 employees of the Company's subsidiaries: 47 rights |
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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 employee motivation and morale and strengthen unity in pursuit of medium- to long-term earnings growth and increased corporate value. In addition, following the partial waiver of existing Stock Acquisition Rights, to restructure the incentive system so that it is aligned with the current market environment.
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.