Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
240000
Shares (maximum number of common shares underlying the stock acquisition rights)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance without consideration of stock acquisition rights as stock options
発行・処分する株式数
A maximum of 240,000 common shares of the company (100 shares per stock acquisition right)
Intended allottee
Directors of the Company (excluding outside directors and part-time directors), Employees of the Company
The stock acquisition rights will be issued free of charge (no monetary payment is required in exchange for the stock acquisition rights).
Terms of the stock acquisition rights
Exercise price
The higher of the average closing price on each trading day in the month preceding the month in which the allocation date falls multiplied by 1.05, or the closing price on the day preceding the allocation date. Adjustment provisions apply in the event of a stock split, reverse stock split, or issuance of new shares at a price below market value. Floor: Not disclosed.
Exercise period
From the date 2 years after the allocation date through 17 October 2036
Number of Stock Acquisition Rights
Maximum total issuance of 2,400 stock acquisition rights. Number of outstanding unexercised rights: Not disclosed.
Reason for acquisition without consideration
If the recipient of the rights ceases to hold the position of director, Audit & Supervisory Board Member or employee of the company, a subsidiary or an associate. If a proposal concerning a merger, company split, share exchange or share transfer is approved.
Categories and Number of Persons Covered
The company's directors, excluding outside and part-time directors, and employees. Allocation by number of people and category: Not disclosed.
Basis for determining the amount to be paid
The exercise price will be the higher of an amount equal to 1.05 times the average closing price of the company's common stock in ordinary trading on the Tokyo Stock Exchange on each trading day in the month preceding the month in which the allocation date falls, or the closing price on the day preceding the allocation date. Fractions of less than ¥1 will be rounded up.
Procedures under the Corporate Code of Conduct
The proposal will be submitted to the 21st Annual General Meeting of Shareholders scheduled for 17 October 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance without consideration of stock acquisition rights as stock options |
| Number of shares to be issued or disposed of | A maximum of 240,000 common shares of the company (100 shares per stock acquisition right) |
| Issue price and disposal price | The stock acquisition rights will be issued free of charge (no monetary payment is required in exchange for the stock acquisition rights). |
| Intended allottee | Directors of the Company (excluding outside directors and part-time directors), Employees of the Company |
| Basis for determining the amount to be paid | The exercise price will be the higher of an amount equal to 1.05 times the average closing price of the company's common stock in ordinary trading on the Tokyo Stock Exchange on each trading day in the month preceding the month in which the allocation date falls, or the closing price on the day preceding the allocation date. Fractions of less than ¥1 will be rounded up. |
| Exercise price | The higher of the average closing price on each trading day in the month preceding the month in which the allocation date falls multiplied by 1.05, or the closing price on the day preceding the allocation date. Adjustment provisions apply in the event of a stock split, reverse stock split, or issuance of new shares at a price below market value. Floor: Not disclosed. |
| Exercise period | From the date 2 years after the allocation date through 17 October 2036 |
| Number of Stock Acquisition Rights | Maximum total issuance of 2,400 stock acquisition rights. Number of outstanding unexercised rights: Not disclosed. |
| Reason for acquisition without consideration | If the recipient of the rights ceases to hold the position of director, Audit & Supervisory Board Member or employee of the company, a subsidiary or an associate. If a proposal concerning a merger, company split, share exchange or share transfer is approved. |
| Categories and Number of Persons Covered | The company's directors, excluding outside and part-time directors, and employees. Allocation by number of people and category: Not disclosed. |
| Procedures under the Corporate Code of Conduct | The proposal will be submitted to the 21st Annual General Meeting of Shareholders scheduled for 17 October 2026. |
Items this document does not state (17)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / 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 further increase the motivation and morale of directors and employees to improve performance and to further enhance corporate value.
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.