Worth reading
63In focus
Scored from 2 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
115573332
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares through the partial exercise of the 14th Series Stock Acquisition Rights
Who receives how much115,573,332Shares
115,573,332 common shares
Ichigo Trust; 3 rights exercised in this transaction, representing 115,573,332 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥25 per share
Total issue value
¥2,889,333,300
Amount of funds to be raised
Total amount paid in: ¥2,889,333,300; estimated net proceeds: Not disclosed
Existing Shares and Increase
+73.62%Rate of increase
4,458,254,682 shares4,573,828,014Shares
1,155,733 voting rights / 45,738,279 total voting rights after exercise; voting rights ratio held by the allottee after exercise: 73.62%
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
¥25 per share. Whether adjustment provisions apply and the adjustment floor: Not disclosed
Number of Stock Acquisition Rights
Total issued: 100 rights; unexercised: 82 rights
Offering structure
Major shareholders after the offering
Ichigo Trust (73.62% voting rights ratio after exercise)
Payment date
5 August 2026
Most recent equity financing
15 July 2025: issuance of the 14th Series Stock Acquisition Rights, total issued: 100 rights
Impact on Business Performance
The Company believes that this exercise will contribute to strengthening its financial foundation toward meeting the continued-listing criteria and will make a significant contribution to the advancement of its business going forward.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares through the partial exercise of the 14th Series Stock Acquisition Rights |
| Number of shares to be issued or disposed of | 115,573,332 common shares |
| Issue price and disposal price | ¥25 per share |
| Total issue value | ¥2,889,333,300 |
| Amount of funds to be raised | Total amount paid in: ¥2,889,333,300; estimated net proceeds: Not disclosed |
| Payment date | 5 August 2026 |
| Intended allottee | Ichigo Trust; 3 rights exercised in this transaction, representing 115,573,332 shares |
| Dilution Rate | 1,155,733 voting rights / 45,738,279 total voting rights after exercise; voting rights ratio held by the allottee after exercise: 73.62% |
| Total number of issued shares | 4,458,254,682 common shares and 5,540 Class E preferred shares → 4,573,828,014 common shares and 5,540 Class E preferred shares |
| Exercise price | ¥25 per share. Whether adjustment provisions apply and the adjustment floor: Not disclosed |
| Number of Stock Acquisition Rights | Total issued: 100 rights; unexercised: 82 rights |
| Most recent equity financing | 15 July 2025: issuance of the 14th Series Stock Acquisition Rights, total issued: 100 rights |
| Major shareholders after the offering | Ichigo Trust (73.62% voting rights ratio after exercise) |
| Impact on Business Performance | The Company believes that this exercise will contribute to strengthening its financial foundation toward meeting the continued-listing criteria and will make a significant contribution to the advancement of its business going forward. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsIntended 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 RatioProcedures under the Corporate Code of Conduct
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 strengthen the financial foundation for compliance with the continued-listing criteria and contribute to the promotion of future business initiatives.
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.