Worth reading
49Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
10000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of stock compensation-type stock options (share subscription rights)
Who receives how much
100 stock acquisition rights, each covering 100 common shares (10,000 shares in total)
4 directors (excluding outside directors)100 stock acquisition rights (10,000 underlying shares)
The lower thin line represents the existing number of shares to which these shares will be added.
Undetermined (to be calculated using the Black-Scholes model or a similar method on the allotment date)
Total issue value
To be determined
Amount of funds to be raised
Total payment amount: undetermined; estimated net proceeds: Not disclosed
Terms of the stock acquisition rights
Exercise price
¥1 per share. The adjustment provision is Not disclosed (stated to be a fixed amount).
Exercise period
Start Date 16 September 2026 / End date 15 September 2056
Number of Stock Acquisition Rights
Total number issued 100 / Number of unexercised units Not disclosed
Reason for acquisition without consideration
If a proposal concerning a merger, company split, share exchange, share transfer, conversion into a company with transfer restrictions or similar matter is approved at a general meeting of shareholders, the Company may acquire the stock acquisition rights without consideration. If a shareholders’ resolution is not required, the Company may do so following a resolution by the Board of Directors.
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
A holder of stock acquisition rights may exercise them only during the 10-day period beginning on the day after the holder loses all positions as a director or executive officer, corporate auditor, adviser, consultant or trustee of the Company.
Categories and Number of Persons Covered
4 directors, excluding outside directors; 100 stock acquisition rights (10,000 underlying shares)
Payment date
15 September 2026
Basis for determining the amount to be paid
The payment amount for each stock acquisition right will be the fair value per share calculated using the Black-Scholes model or a similar method on the allotment date, multiplied by the number of shares granted. The discount or premium to the share price is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock compensation-type stock options (share subscription rights) |
| Number of shares to be issued or disposed of | 100 stock acquisition rights, each covering 100 common shares (10,000 shares in total) |
| Issue price and disposal price | Undetermined (to be calculated using the Black-Scholes model or a similar method on the allotment date) |
| Total issue value | To be determined |
| Amount of funds to be raised | Total payment amount: undetermined; estimated net proceeds: Not disclosed |
| Payment date | 15 September 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 100 stock acquisition rights (10,000 underlying shares) |
| Basis for determining the amount to be paid | The payment amount for each stock acquisition right will be the fair value per share calculated using the Black-Scholes model or a similar method on the allotment date, multiplied by the number of shares granted. The discount or premium to the share price is Not disclosed. |
| Exercise price | ¥1 per share. The adjustment provision is Not disclosed (stated to be a fixed amount). |
| Exercise period | Start Date 16 September 2026 / End date 15 September 2056 |
| Number of Stock Acquisition Rights | Total number issued 100 / Number of unexercised units Not disclosed |
| Conditions for lifting transfer restrictions | A holder of stock acquisition rights may exercise them only during the 10-day period beginning on the day after the holder loses all positions as a director or executive officer, corporate auditor, adviser, consultant or trustee of the Company. |
| Reason for acquisition without consideration | If a proposal concerning a merger, company split, share exchange, share transfer, conversion into a company with transfer restrictions or similar matter is approved at a general meeting of shareholders, the Company may acquire the stock acquisition rights without consideration. If a shareholders’ resolution is not required, the Company may do so following a resolution by the Board of Directors. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors; 100 stock acquisition rights (10,000 underlying shares) |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost 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.The purpose is to further strengthen the recipients’ motivation and morale to contribute to improving the Company’s medium- to long-term performance and 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.