Komori
Share Issuance and Disposal5711Mitsubishi Materials CorporationIron and Steel, Nonferrous Metals

Adjustment of the conversion prices of the 2030-Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights and Acquisition Clauses and the 2032-Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights and Acquisition Clauses

The conversion prices of the issued 2030-maturity and 2032-maturity convertible bonds with stock acquisition rights were reduced following an interim dividend on common shares. The conversion price of the 2030 bonds was reduced from ¥5,275 to ¥5,213.9, and that of the 2032 bonds from ¥5,105 to ¥5,045.8.

Worth reading
48Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Terms of the stock acquisition rights
Exercise price
Initial exercise price: Not disclosed. Rather than under a revision provision, the conversion prices were adjusted under the conversion price adjustment provision triggered by the dividend payment: the 2030-maturity bonds from ¥5,275 to ¥5,213.9, and the 2032-maturity bonds from ¥5,105 to ¥5,045.8.
Details of issuance or disposal
ItemDetails
Exercise priceInitial exercise price: Not disclosed. Rather than under a revision provision, the conversion prices were adjusted under the conversion price adjustment provision triggered by the dividend payment: the 2030-maturity bonds from ¥5,275 to ¥5,213.9, and the 2032-maturity bonds from ¥5,105 to ¥5,045.8.
Items this document does not state (27)
Type of issuance or disposalNumber 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 allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodNumber of Stock Acquisition RightsTransfer 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 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.

At the Board of Directors meeting held on 11 November 2026, a proposal to pay an interim dividend of ¥58 per common share was approved, so the conversion prices were adjusted in accordance with the conversion price adjustment provisions.

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.
Adjustment of the conversion prices of the 2030-Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights and Acquisition Clauses and the 2032-Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights and Acquisition Clauses | Mitsubishi Materials Corporation (5711) timely disclosure | Komori