Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
42
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of share subscription rights as stock compensation stock options
発行・処分する株式数
4,200 common shares (42 share subscription rights, 100 shares per right)
Intended allottee
Category 2 directors of the Company / Number of stock acquisition rights 42 rights
The payment amount for the share subscription rights will be the fair value calculated using the Black-Scholes model or another method on the allotment date. The exercise price is ¥1 per share.
Total Stock-Based Compensation
A claim for compensation equivalent to the total payment amount for the share subscription rights. The amount is Not disclosed.
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥1 per share. The adjustment provisions and adjustment floor are Not disclosed.
Exercise period
Start Date 14 August 2026 / End date 13 August 2056
Number of Stock Acquisition Rights
Total number issued 42 rights / Unexercised balance Not disclosed
Reason for acquisition without consideration
If the prescribed approval is obtained for a corporate reorganization, the Company may acquire all of the rights without consideration on a date separately determined by the Board of Directors. The Company may also acquire the rights without consideration if they become unexercisable under the exercise conditions before they are exercised.
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
The rights may be exercised only during the period ending 10 days after the day following the date on which the holder ceases to be a director of the Company.
Conditions for lifting transfer restrictions
A holder of the share subscription rights may exercise all of the rights at once only during the period ending 10 days after the day following the date on which the holder ceases to be a director.
Categories and Number of Persons Covered
2 of the Company's directors, 42 rights
Intended allottee's holding policy
The acquisition of the stock acquisition rights by transfer requires the approval of the Company's Board of Directors.
Payment date
14 August 2026
Basis for determining the amount to be paid
The fair value will be calculated using the Black-Scholes model or another method on the allotment date. The issuance does not constitute a favorable issuance. The discount rate and premium rate are Not disclosed.
Procedures under the Corporate Code of Conduct
The resolution was approved by the Board of Directors pursuant to Articles 236, 238 and 240 of the Companies Act. Whether an opinion was obtained from an independent third party and whether shareholder approval was sought are Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of share subscription rights as stock compensation stock options |
| Number of shares to be issued or disposed of | 4,200 common shares (42 share subscription rights, 100 shares per right) |
| Issue price and disposal price | The payment amount for the share subscription rights will be the fair value calculated using the Black-Scholes model or another method on the allotment date. The exercise price is ¥1 per share. |
| Payment date | 14 August 2026 |
| Intended allottee | Category 2 directors of the Company / Number of stock acquisition rights 42 rights |
| Intended allottee's holding policy | The acquisition of the stock acquisition rights by transfer requires the approval of the Company's Board of Directors. |
| Basis for determining the amount to be paid | The fair value will be calculated using the Black-Scholes model or another method on the allotment date. The issuance does not constitute a favorable issuance. The discount rate and premium rate are Not disclosed. |
| Exercise price | The initial exercise price is ¥1 per share. The adjustment provisions and adjustment floor are Not disclosed. |
| Exercise period | Start Date 14 August 2026 / End date 13 August 2056 |
| Number of Stock Acquisition Rights | Total number issued 42 rights / Unexercised balance Not disclosed |
| Transfer restriction period | The rights may be exercised only during the period ending 10 days after the day following the date on which the holder ceases to be a director of the Company. |
| Conditions for lifting transfer restrictions | A holder of the share subscription rights may exercise all of the rights at once only during the period ending 10 days after the day following the date on which the holder ceases to be a director. |
| Reason for acquisition without consideration | If the prescribed approval is obtained for a corporate reorganization, the Company may acquire all of the rights without consideration on a date separately determined by the Board of Directors. The Company may also acquire the rights without consideration if they become unexercisable under the exercise conditions before they are exercised. |
| Categories and Number of Persons Covered | 2 of the Company's directors, 42 rights |
| Total Stock-Based Compensation | A claim for compensation equivalent to the total payment amount for the share subscription rights. The amount is Not disclosed. |
| Procedures under the Corporate Code of Conduct | The resolution was approved by the Board of Directors pursuant to Articles 236, 238 and 240 of the Companies Act. Whether an opinion was obtained from an independent third party and whether shareholder approval was sought are Not disclosed. |
Items this document does not state (12)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesUnderwriter / lead underwriterOverallotmentStock 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 ensure that directors share with shareholders not only the benefits of a rise in the share price but also the risk of a decline, and to raise their awareness of improving business performance and corporate value over the medium to long term.
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.