Worth reading
30Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1352100
Shares (over-allotment limit: 202,800 shares)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Secondary offering of shares (underwritten secondary offering) and secondary offering through an over-allotment
発行・処分する株式数
Offering through a purchase underwriting by the underwriters: 1,352,100 common shares of the Company; over-allotment offering: 202,800 common shares of the Company (maximum)
Intended allottee
No specific prospective allottee, as this is a public offering and secondary offering. Underwriter: Mizuho Securities Co., Ltd.
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Transfer restriction period
For the 7 selling shareholders, from the offering price determination date through the 180th day from the delivery date
Conditions for lifting transfer restrictions
Prior written consent from Mizuho Securities Co., Ltd. Mizuho Securities Co., Ltd. may, at its discretion, release part or all of the agreement during the lock-up period.
Offering structure
Underwriter / lead underwriter
Mizuho Securities Co., Ltd.
Overallotment
Number of shares in the offering: 202,800 shares (maximum); maximum number of shares under the third-party allotment: Not disclosed (This document describes the right to acquire additional shares through a greenshoe option.)
Basis for determining the amount to be paid
The indicative price range will be calculated by multiplying the closing price of the Company's common shares on the Tokyo Stock Exchange on the offering price determination date by 0.90 to 1.00, and the offering price will be determined based on demand.
Procedures under the Corporate Code of Conduct
Resolution of the Board of Directors dated 9 October 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Secondary offering of shares (underwritten secondary offering) and secondary offering through an over-allotment |
| Number of shares to be issued or disposed of | Offering through a purchase underwriting by the underwriters: 1,352,100 common shares of the Company; over-allotment offering: 202,800 common shares of the Company (maximum) |
| Intended allottee | No specific prospective allottee, as this is a public offering and secondary offering. Underwriter: Mizuho Securities Co., Ltd. |
| Basis for determining the amount to be paid | The indicative price range will be calculated by multiplying the closing price of the Company's common shares on the Tokyo Stock Exchange on the offering price determination date by 0.90 to 1.00, and the offering price will be determined based on demand. |
| Transfer restriction period | For the 7 selling shareholders, from the offering price determination date through the 180th day from the delivery date |
| Conditions for lifting transfer restrictions | Prior written consent from Mizuho Securities Co., Ltd. Mizuho Securities Co., Ltd. may, at its discretion, release part or all of the agreement during the lock-up period. |
| Underwriter / lead underwriter | Mizuho Securities Co., Ltd. |
| Overallotment | Number of shares in the offering: 202,800 shares (maximum); maximum number of shares under the third-party allotment: Not disclosed (This document describes the right to acquire additional shares through a greenshoe option.) |
| Procedures under the Corporate Code of Conduct | Resolution of the Board of Directors dated 9 October 2026 |
Items this document does not state (19)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationStock 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 meet the needs of certain shareholders to sell their holdings, improve share liquidity, broaden the shareholder base, attract new investors who support the Company's medium- to long-term growth strategy, and build a stable and diverse shareholder base.
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.