Worth reading
71In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
32800000
¥Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Completion of Payment for the Issuance of the 11th Stock Acquisition Rights through a Third-Party Allotment, with an Exercise Price Adjustment Clause
Who receives how much
80,000,000 potential common shares (800,000 stock acquisition rights, 100 shares per right)
Long Corridor Alpha Opportunities Master Fund592,000
MAP246 Segregated Portfolio, a segregated portfolio of LMA SPC64,000
BEMAP Master Fund Ltd.144,000
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.
¥41 per stock acquisition right
Total issue value
¥32,800,000
Amount of funds to be raised
¥5,072,800,000 (breakdown: ¥32,800,000 from the issuance of stock acquisition rights and ¥5,040,000,000 from their exercise). If all rights are exercised at the minimum exercise price, the amount would be ¥2,832,800,000
Terms of the stock acquisition rights
Exercise price
Initial: ¥63. Includes a clause providing for adjustment in line with the share price. Minimum: ¥35 (with an adjustment clause)
Number of Stock Acquisition Rights
Total issuance: 800,000 rights. Unexercised balance: Not disclosed
Payment date
13 October 2026
Basis for determining the amount to be paid
Initial exercise price: ¥63. From 19 October 2026, the price will be adjusted based on an amount equivalent to 90% of the closing price on the final trading day of the week preceding the week in which each exercise request notice is submitted. Minimum exercise price: ¥35 (50% of the TSE closing price on the trading day immediately preceding the date of the issuance resolution).
Procedures under the Corporate Code of Conduct
A purchase agreement was executed after the filing under the securities registration statement became effective. The agreement provides for an exercise commitment clause and other provisions, and transfers by the intended allottees require approval by the company's board of directors.
Most recent equity financing
Timing Resolution dated 25 September 2026 / Type 11th Stock Acquisition Rights through a Third-Party Allotment (with an Exercise Price Adjustment Clause) / Amount Total issue price: ¥32,800,000; amount of funds to be raised: ¥5,072,800,000 (based on the initial exercise price)
| Item | Details |
|---|---|
| Type of issuance or disposal | Completion of Payment for the Issuance of the 11th Stock Acquisition Rights through a Third-Party Allotment, with an Exercise Price Adjustment Clause |
| Number of shares to be issued or disposed of | 80,000,000 potential common shares (800,000 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | ¥41 per stock acquisition right |
| Total issue value | ¥32,800,000 |
| Amount of funds to be raised | ¥5,072,800,000 (breakdown: ¥32,800,000 from the issuance of stock acquisition rights and ¥5,040,000,000 from their exercise). If all rights are exercised at the minimum exercise price, the amount would be ¥2,832,800,000 |
| Payment date | 13 October 2026 |
| Intended allottee | Name Long Corridor Alpha Opportunities Master Fund / Number of units 592,000, Name MAP246 Segregated Portfolio, a segregated portfolio of LMA SPC / Number of units 64,000, Name BEMAP Master Fund Ltd. / Number of units 144,000 |
| Basis for determining the amount to be paid | Initial exercise price: ¥63. From 19 October 2026, the price will be adjusted based on an amount equivalent to 90% of the closing price on the final trading day of the week preceding the week in which each exercise request notice is submitted. Minimum exercise price: ¥35 (50% of the TSE closing price on the trading day immediately preceding the date of the issuance resolution). |
| Exercise price | Initial: ¥63. Includes a clause providing for adjustment in line with the share price. Minimum: ¥35 (with an adjustment clause) |
| Number of Stock Acquisition Rights | Total issuance: 800,000 rights. Unexercised balance: Not disclosed |
| Procedures under the Corporate Code of Conduct | A purchase agreement was executed after the filing under the securities registration statement became effective. The agreement provides for an exercise commitment clause and other provisions, and transfers by the intended allottees require approval by the company's board of directors. |
| Most recent equity financing | Timing Resolution dated 25 September 2026 / Type 11th Stock Acquisition Rights through a Third-Party Allotment (with an Exercise Price Adjustment Clause) / Amount Total issue price: ¥32,800,000; amount of funds to be raised: ¥5,072,800,000 (based on the initial exercise price) |
Items this document does not state (16)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor 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.The company stated that it made the announcement after confirming that payment of the total issue price of ¥32,800,000 for the 11th stock acquisition rights had been completed on 13 October 2026.
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.