Worth reading
51Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
20000
Shares (200 share acquisition rights, 100 shares per right)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Standard stock options (share acquisition rights)
発行・処分する株式数
20,000 shares (200 share acquisition rights, 100 shares per right)
Intended allottee
Category 1 employee of the Company / Number of stock acquisition rights 200 rights
Not applicable (no monetary payment is required in exchange for the share acquisition rights)
Total issue value
Not applicable (no monetary payment is required in exchange for the share acquisition rights)
Terms of the stock acquisition rights
Exercise price
Generally, 1.05 times the average closing price for the month preceding the month containing the allotment date, rounded up to the nearest yen. If this amount is below the closing price on the allotment date, the closing price on the allotment date will apply. Adjustment provisions apply in the event of a stock split, consolidation or similar event. The lower exercise price is Not disclosed.
Exercise period
Start Date 16 May 2028 / End date 28 April 2036
Number of Stock Acquisition Rights
Total number issued 200 rights / Number of unexercised units Not disclosed
Reason for acquisition without consideration
The rights can no longer be exercised under the exercise conditions or the provisions of the share acquisition rights allotment agreement, The holder of the share acquisition rights offers to waive them, Approval at a shareholders’ meeting or a resolution by the Board of Directors is granted for a merger or similar transaction in which the Company becomes the disappearing company
Categories and Number of Persons Covered
1 Company employee, 200 rights
Payment date
Not applicable (no monetary payment is required in exchange for the share acquisition rights)
Basis for determining the amount to be paid
An amount equal to 1.05 times the average closing price for ordinary transactions on the Tokyo Stock Exchange Standard Market on each trading day in the month preceding the month containing the allotment date. However, if this amount is below the closing price on the allotment date, the closing price on the allotment date will apply.
| Item | Details |
|---|---|
| Type of issuance or disposal | Standard stock options (share acquisition rights) |
| Number of shares to be issued or disposed of | 20,000 shares (200 share acquisition rights, 100 shares per right) |
| Issue price and disposal price | Not applicable (no monetary payment is required in exchange for the share acquisition rights) |
| Total issue value | Not applicable (no monetary payment is required in exchange for the share acquisition rights) |
| Payment date | Not applicable (no monetary payment is required in exchange for the share acquisition rights) |
| Intended allottee | Category 1 employee of the Company / Number of stock acquisition rights 200 rights |
| Basis for determining the amount to be paid | An amount equal to 1.05 times the average closing price for ordinary transactions on the Tokyo Stock Exchange Standard Market on each trading day in the month preceding the month containing the allotment date. However, if this amount is below the closing price on the allotment date, the closing price on the allotment date will apply. |
| Exercise price | Generally, 1.05 times the average closing price for the month preceding the month containing the allotment date, rounded up to the nearest yen. If this amount is below the closing price on the allotment date, the closing price on the allotment date will apply. Adjustment provisions apply in the event of a stock split, consolidation or similar event. The lower exercise price is Not disclosed. |
| Exercise period | Start Date 16 May 2028 / End date 28 April 2036 |
| Number of Stock Acquisition Rights | Total number issued 200 rights / Number of unexercised units Not disclosed |
| Reason for acquisition without consideration | The rights can no longer be exercised under the exercise conditions or the provisions of the share acquisition rights allotment agreement, The holder of the share acquisition rights offers to waive them, Approval at a shareholders’ meeting or a resolution by the Board of Directors is granted for a merger or similar transaction in which the Company becomes the disappearing company |
| Categories and Number of Persons Covered | 1 Company employee, 200 rights |
Items this document does not state (16)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal 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 grant is intended to secure talented personnel, increase motivation and morale to contribute to improved medium- to long-term performance and corporate value, and promote management with greater awareness of shareholders and the share price.
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.