Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
0.55
Dilution ratio relative to total shares issued (%)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of the 18th Series of Stock Acquisition Rights (Paid Stock Options)
Who receives how much
46,900 common shares (469 stock acquisition rights, 100 shares per right)
13 employees of the Company42,000 shares (420 stock acquisition rights)
1 director of a subsidiary of the Company4,900 shares (49 stock acquisition 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.
¥300 per stock acquisition right
Total issue value
¥140,700 (¥300 × 469 rights)
Amount of funds to be raised
Total payment amount: ¥140,700. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Not applicable, as these rights are issued for consideration based on an individual investment decision and are not provided as compensation
発行済株式総数
Increase of 46,900 shares (if all rights are exercised)
0.55% of the total number of shares issued
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 initial exercise price is ¥300 per share. Adjustment provisions apply in the event of a stock split or consolidation, issuance of new shares or other events. Stock-price-linked downward adjustment provision: Not disclosed
Exercise period
From 1 April 2028 to 11 June 2036 (if the final day is not a banking business day, the preceding banking business day)
Number of Stock Acquisition Rights
Total number issued: 469 rights. Unexercised balance: Not disclosed
Reason for acquisition without consideration
If approval is granted for a corporate reorganization or other similar transaction, if the rights can no longer be exercised under the exercise conditions, if approval is granted for a certain share consolidation, or if approval is granted for a demand by a controlling shareholder for the sale of shares
Categories and Number of Persons Covered
13 employees of the Company: 420 rights; 1 director of a subsidiary of the Company: 49 rights
Payment date
12 June 2026
Basis for determining the amount to be paid
¥300 per stock acquisition right. The price was determined with reference to the result calculated by an independent valuation institution using a Monte Carlo simulation that took into account stock price information and other factors. The exercise price is ¥300, the closing price on 25 May 2026. Discount rate and premium rate: Not disclosed
Procedures under the Corporate Code of Conduct
The rights will be issued for consideration at fair value and on terms that are not particularly favorable, so the issuance will be conducted without shareholder approval
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of the 18th Series of Stock Acquisition Rights (Paid Stock Options) |
| Number of shares to be issued or disposed of | 46,900 common shares (469 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | ¥300 per stock acquisition right |
| Total issue value | ¥140,700 (¥300 × 469 rights) |
| Amount of funds to be raised | Total payment amount: ¥140,700. Estimated net proceeds: Not disclosed |
| Payment date | 12 June 2026 |
| Intended allottee | Name 13 employees of the Company / Number of Shares 42,000 shares (420 stock acquisition rights), Name 1 director of a subsidiary of the Company / Number of Shares 4,900 shares (49 stock acquisition rights) |
| Dilution Rate | 0.55% of the total number of shares issued |
| Total number of issued shares | Increase of 46,900 shares (if all rights are exercised) |
| Basis for determining the amount to be paid | ¥300 per stock acquisition right. The price was determined with reference to the result calculated by an independent valuation institution using a Monte Carlo simulation that took into account stock price information and other factors. The exercise price is ¥300, the closing price on 25 May 2026. Discount rate and premium rate: Not disclosed |
| Exercise price | The initial exercise price is ¥300 per share. Adjustment provisions apply in the event of a stock split or consolidation, issuance of new shares or other events. Stock-price-linked downward adjustment provision: Not disclosed |
| Exercise period | From 1 April 2028 to 11 June 2036 (if the final day is not a banking business day, the preceding banking business day) |
| Number of Stock Acquisition Rights | Total number issued: 469 rights. Unexercised balance: Not disclosed |
| Reason for acquisition without consideration | If approval is granted for a corporate reorganization or other similar transaction, if the rights can no longer be exercised under the exercise conditions, if approval is granted for a certain share consolidation, or if approval is granted for a demand by a controlling shareholder for the sale of shares |
| Categories and Number of Persons Covered | 13 employees of the Company: 420 rights; 1 director of a subsidiary of the Company: 49 rights |
| Total Stock-Based Compensation | Not applicable, as these rights are issued for consideration based on an individual investment decision and are not provided as compensation |
| Procedures under the Corporate Code of Conduct | The rights will be issued for consideration at fair value and on terms that are not particularly favorable, so the issuance will be conducted without shareholder approval |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyTransfer restriction periodConditions for lifting transfer restrictionsUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 the motivation and morale of employees and other personnel and strengthen their unity toward the medium- to long-term expansion of business performance and growth in corporate value. In addition, following the waiver of part of the stock acquisition rights currently held, to restructure the incentive system so that it aligns with market conditions and performance targets.
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.