Worth reading
45Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
132500
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of stock options (share acquisition rights) to employees
Who receives how much
132,500 shares of the Company's common stock (100 shares per share acquisition right)
99 employees of the Company, 1,325 rights
The lower thin line represents the existing number of shares to which these shares will be added.
The share acquisition rights will be issued at no cost. The exercise price is undetermined.
Terms of the stock acquisition rights
Exercise price
The initial exercise price is undetermined. There are no adjustment provisions for revisions, but adjustment provisions apply in the event of a stock split or consolidation, or an issuance of new shares at a price below market value, among other events.
Exercise period
From 1 June 2028 to 31 May 2030
Number of Stock Acquisition Rights
Total issuance: 1,325 rights. Outstanding unexercised rights: Not disclosed
Categories and Number of Persons Covered
99 employees of the Company, 1,325 rights (132,500 underlying shares)
Basis for determining the amount to be paid
The exercise price will be the highest of: the average closing price of the Company's common stock on the Tokyo Stock Exchange on each day in the month preceding the month containing the issue date, multiplied by 1.05; the closing price on the issue date; and ¥2,353. This represents a 5% premium to the average closing price.
Procedures under the Corporate Code of Conduct
Approval by special resolution at the annual general meeting of shareholders held on 12 May 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock options (share acquisition rights) to employees |
| Number of shares to be issued or disposed of | 132,500 shares of the Company's common stock (100 shares per share acquisition right) |
| Issue price and disposal price | The share acquisition rights will be issued at no cost. The exercise price is undetermined. |
| Intended allottee | 99 employees of the Company, 1,325 rights |
| Basis for determining the amount to be paid | The exercise price will be the highest of: the average closing price of the Company's common stock on the Tokyo Stock Exchange on each day in the month preceding the month containing the issue date, multiplied by 1.05; the closing price on the issue date; and ¥2,353. This represents a 5% premium to the average closing price. |
| Exercise price | The initial exercise price is undetermined. There are no adjustment provisions for revisions, but adjustment provisions apply in the event of a stock split or consolidation, or an issuance of new shares at a price below market value, among other events. |
| Exercise period | From 1 June 2028 to 31 May 2030 |
| Number of Stock Acquisition Rights | Total issuance: 1,325 rights. Outstanding unexercised rights: Not disclosed |
| Categories and Number of Persons Covered | 99 employees of the Company, 1,325 rights (132,500 underlying shares) |
| Procedures under the Corporate Code of Conduct | Approval by special resolution at the annual general meeting of shareholders held on 12 May 2026 |
Items this document does not state (18)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / 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 issue the share acquisition rights as stock options for employees.
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.