Details of issuance or disposal
Second and Third Series of Stock Acquisition Rights issued through a third-party allotment (with conversion rights to stock acquisition rights with exercise price adjustments)
Shares issued during the month: 0 shares under the 2nd stock acquisition rights and 0 shares under the 3rd stock acquisition rights. Remaining unexercised shares: 450,000 shares each
Exercise ratio during the month: 0.00% for the 2nd stock acquisition rights and 0.00% for the 3rd stock acquisition rights
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Second and Third Series of Stock Acquisition Rights issued through a third-party allotment (with conversion rights to stock acquisition rights with exercise price adjustments) |
| Number of shares to be issued or disposed of | Shares issued during the month: 0 shares under the 2nd stock acquisition rights and 0 shares under the 3rd stock acquisition rights. Remaining unexercised shares: 450,000 shares each |
| Dilution Rate | Exercise ratio during the month: 0.00% for the 2nd stock acquisition rights and 0.00% for the 3rd stock acquisition rights |
| Total number of issued shares | 21,618,800 shares (as of the end of the month preceding the reporting month) → 21,618,800 shares (as of the end of the relevant month, based on the 0 shares issued as confirmed in the text)(0.00%) |
| Exercise price | 2nd stock acquisition rights: ¥550. 3rd stock acquisition rights: ¥600. Although the rights include the right to convert to stock acquisition rights with an exercise price adjustment, no resolution to exercise the conversion right has been made as of today, and the exercise price will not be revised |
| Number of Stock Acquisition Rights | Total number issued: Not disclosed. Number exercised during the month: 0 rights under the 2nd stock acquisition rights and 0 rights under the 3rd stock acquisition rights. Unexercised balance at month-end: 4,500 rights each |
| Procedures under the Corporate Code of Conduct | The disclosure describes the exercise restrictions under Article 434 of the Tokyo Stock Exchange's Securities Listing Regulations and the Japan Securities Dealers Association's Rules Concerning the Handling of Third-Party Allotments and Other Transactions. However, as no resolution was made during the month to exercise the right to convert to stock acquisition rights with an exercise price adjustment, there are no exercise restrictions |
| Most recent equity financing | Issued on 4 January 2024: issuance of the 2nd and 3rd stock acquisition rights through a third-party allotment (the total issue price and other details are Not disclosed) |
Items this document does not state (20)
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 has not resolved to exercise the right to convert to stock acquisition rights with an exercise price adjustment, and therefore the exercise price will not be revised.