Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
276000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as stock options
Who receives how much
276,000 common shares (2,760 stock acquisition rights, 100 shares per right)
46 employees of the Company and its subsidiaries (individual share allocations: 非開示)
The lower thin line represents the existing number of shares to which these shares will be added.
No consideration
Total issue value
No consideration
Terms of the stock acquisition rights
Exercise price
The amount payable per share upon exercise will be the average closing price for the month preceding the month in which the allocation date falls multiplied by 1.05, rounded up to the nearest yen. If this amount is below the closing price on the allocation date, the closing price on the allocation date will apply. Adjustment provisions apply in the event of a share split, consolidation of shares or similar event.
Exercise period
From 1 July 2028 to 30 June 2030
Number of Stock Acquisition Rights
Total issued: 2,760 rights. Number of unexercised rights remaining: Not disclosed.
Reason for acquisition without consideration
If a proposal to approve a share exchange agreement under which the Company would become a wholly owned subsidiary, or a proposal for a share transfer, is approved at a general meeting of shareholders, or if an allottee ceases to satisfy the exercise conditions.
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.
Conditions for lifting transfer restrictions
The holder must be a director, executive officer or employee of the Company or one of its subsidiaries at the time of exercise. This does not apply in the event of retirement upon expiration of the term of office, mandatory retirement or other legitimate grounds. Other conditions are governed by the stock acquisition rights allocation agreement.
Categories and Number of Persons Covered
46 employees of the Company and its subsidiaries. Share allocations by category: Not disclosed.
Basis for determining the amount to be paid
An amount calculated by multiplying by 1.05 the average closing price of the Company's common shares on the Tokyo Stock Exchange for each day in the month preceding the month in which the allocation date for the stock acquisition rights falls, excluding days on which no trading took place. However, if this amount is below the closing price on the allocation date, the closing price on the allocation date will apply.
Procedures under the Corporate Code of Conduct
Approved at the Company's 79th Annual General Meeting of Shareholders. Date of the annual general meeting resolution: 19 June 2026.
Impact on Business Performance
The disclosure states that the purpose is to contribute to improved performance and greater international competitiveness of the Company's Group, but the specific impact on performance and financial results is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as stock options |
| Number of shares to be issued or disposed of | 276,000 common shares (2,760 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | No consideration |
| Total issue value | No consideration |
| Intended allottee | 46 employees of the Company and its subsidiaries (individual share allocations: Not disclosed) |
| Basis for determining the amount to be paid | An amount calculated by multiplying by 1.05 the average closing price of the Company's common shares on the Tokyo Stock Exchange for each day in the month preceding the month in which the allocation date for the stock acquisition rights falls, excluding days on which no trading took place. However, if this amount is below the closing price on the allocation date, the closing price on the allocation date will apply. |
| Exercise price | The amount payable per share upon exercise will be the average closing price for the month preceding the month in which the allocation date falls multiplied by 1.05, rounded up to the nearest yen. If this amount is below the closing price on the allocation date, the closing price on the allocation date will apply. Adjustment provisions apply in the event of a share split, consolidation of shares or similar event. |
| Exercise period | From 1 July 2028 to 30 June 2030 |
| Number of Stock Acquisition Rights | Total issued: 2,760 rights. Number of unexercised rights remaining: Not disclosed. |
| Conditions for lifting transfer restrictions | The holder must be a director, executive officer or employee of the Company or one of its subsidiaries at the time of exercise. This does not apply in the event of retirement upon expiration of the term of office, mandatory retirement or other legitimate grounds. Other conditions are governed by the stock acquisition rights allocation agreement. |
| Reason for acquisition without consideration | If a proposal to approve a share exchange agreement under which the Company would become a wholly owned subsidiary, or a proposal for a share transfer, is approved at a general meeting of shareholders, or if an allottee ceases to satisfy the exercise conditions. |
| Categories and Number of Persons Covered | 46 employees of the Company and its subsidiaries. Share allocations by category: Not disclosed. |
| Procedures under the Corporate Code of Conduct | Approved at the Company's 79th Annual General Meeting of Shareholders. Date of the annual general meeting resolution: 19 June 2026. |
| Impact on Business Performance | The disclosure states that the purpose is to contribute to improved performance and greater international competitiveness of the Company's Group, but the specific impact on performance and financial results is Not disclosed. |
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 increase the motivation and morale of the Company's employees and others, thereby contributing to improved performance and greater international competitiveness of the Company's Group.
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.