Worth reading
28Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
5
5x (1-for-5 stock split)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Stock Split
発行・処分する株式数
42,233,252 shares before the split; 168,933,008 shares added through the split; 211,166,260 shares after the split
Existing Shares and Increase
+400.00%Rate of increase
42,233,252 shares211,166,260Shares
Ownership percentage unchanged (stock split)
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
For the First Stock Compensation-Type Stock Acquisition Rights (2009) through the Thirteenth Stock Compensation-Type Stock Acquisition Rights (2021), ¥1 per share, with no adjustment to the exercise price
Stock Split Ratio5 shares for each common share; effective date: 1 January 2027
Categories and Number of Persons Covered
The Company's directors, excluding outside directors, are eligible. Number of eligible people: Not disclosed. The maximum total number of restricted shares is 50,000 shares before adjustment and 250,000 shares after adjustment.
Procedures under the Corporate Code of Conduct
The Articles of Incorporation will be amended pursuant to Article 184, Paragraph 2 of the Companies Act. Resolution on the stock split by the Board of Directors
| Item | Details |
|---|---|
| Type of issuance or disposal | Stock Split |
| Number of shares to be issued or disposed of | 42,233,252 shares before the split; 168,933,008 shares added through the split; 211,166,260 shares after the split |
| Dilution Rate | Ownership percentage unchanged (stock split) |
| Total number of issued shares | 42,233,252 shares → 211,166,260 shares（5 times (400% increase)） |
| Exercise price | For the First Stock Compensation-Type Stock Acquisition Rights (2009) through the Thirteenth Stock Compensation-Type Stock Acquisition Rights (2021), ¥1 per share, with no adjustment to the exercise price |
| Categories and Number of Persons Covered | The Company's directors, excluding outside directors, are eligible. Number of eligible people: Not disclosed. The maximum total number of restricted shares is 50,000 shares before adjustment and 250,000 shares after adjustment. |
| Stock Split Ratio | 5 shares for each common share; effective date: 1 January 2027 |
| Procedures under the Corporate Code of Conduct | The Articles of Incorporation will be amended pursuant to Article 184, Paragraph 2 of the Companies Act. Resolution on the stock split by the Board of Directors |
Items this document does not state (20)
Issue 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 periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentMost 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 lower the investment amount per unit and make it easier to invest, thereby improving share liquidity and broadening the investor 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.