Worth reading
44Recurring
Scored from 1 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
0
SharesWording
Definitive
How definitive the wording is.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)
発行済株式総数
Second Warrants: monthly exercise ratio of 0.00%; Third Warrants: monthly exercise ratio of 0.00%. Dilution ratio relative to the number of issued shares: Not disclosed
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
Second Warrants: ¥550 (exercise price during the relevant month). Third Warrants: ¥600 (exercise price during the relevant month). Although there is a right to convert the warrants to warrants with an adjustable exercise price, no resolution to convert them has been made, and the exercise price has not been revised.
Number of Stock Acquisition Rights
Second Warrants: 4,500 warrants issued in total and 4,500 warrants remaining unexercised (450,000 underlying shares remaining unexercised). Third Warrants: 4,500 warrants issued in total and 4,500 warrants remaining unexercised (450,000 underlying shares remaining unexercised).
Procedures under the Corporate Code of Conduct
With respect to 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 Matters, there are no exercise restrictions because no resolution has been made to convert the warrants to warrants with an adjustable exercise price.
Most recent equity financing
Second and Third Warrants issued on 4 January 2024 through a third-party allotment (with the right to convert to warrants with an adjustable exercise price)
| 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) |
| Dilution Rate | Second Warrants: monthly exercise ratio of 0.00%; Third Warrants: monthly exercise ratio of 0.00%. Dilution ratio relative to the number of issued shares: Not disclosed |
| Total number of issued shares | 21,618,800 shares (as of the end of the month preceding the relevant month, including 2,142,235 treasury shares) → Not disclosed |
| Exercise price | Second Warrants: ¥550 (exercise price during the relevant month). Third Warrants: ¥600 (exercise price during the relevant month). Although there is a right to convert the warrants to warrants with an adjustable exercise price, no resolution to convert them has been made, and the exercise price has not been revised. |
| Number of Stock Acquisition Rights | Second Warrants: 4,500 warrants issued in total and 4,500 warrants remaining unexercised (450,000 underlying shares remaining unexercised). Third Warrants: 4,500 warrants issued in total and 4,500 warrants remaining unexercised (450,000 underlying shares remaining unexercised). |
| Procedures under the Corporate Code of Conduct | With respect to 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 Matters, there are no exercise restrictions because no resolution has been made to convert the warrants to warrants with an adjustable exercise price. |
| Most recent equity financing | Second and Third Warrants issued on 4 January 2024 through a third-party allotment (with the right to convert to warrants with an adjustable exercise price) |
Items this document does not state (21)
Number 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 policyBasis for determining the amount to be paidExercise 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.To report the monthly exercise status for June 2026. The Company has not passed a resolution to exercise the right to convert the warrants to warrants with an adjustable exercise price, and therefore the exercise price has not been revised.
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.