Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1.39
% (dilution ratio relative to total shares issued)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights for subscription (paid stock options)
Who receives how much
8,580 stock acquisition rights, representing 858,000 common shares (100 shares per right)
4 of the Company’s directorsEquivalent to 216,000 shares (2,160 rights)
26 of the Company's employeesEquivalent to 642,000 shares (6,420 rights)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥1,100 per stock acquisition right
Total Stock-Based Compensation
This is a paid issuance based on individual investment decisions, rather than compensation. The amount of monetary compensation claims and the annual compensation limit are Not disclosed.
発行済株式総数
1.39% (assuming all of these stock acquisition rights are exercised)
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
The initial exercise price is ¥3,325 per share. Adjustment provisions apply in connection with share splits, share consolidations and issuances below market value, among other events. The floor for adjustments is Not disclosed.
Exercise period
Start Date 1 April 2029 / End date 31 March 2031
Number of Stock Acquisition Rights
Total issued: 8,580 rights; unexercised rights: Not disclosed
Reason for acquisition without consideration
If a holder becomes unable to exercise the rights before exercising them due to performance conditions, continued-employment conditions or other requirements, the Company may acquire the rights without consideration.
Categories and Number of Persons Covered
Category Directors of the company / Number of Employees 4 / Number of allocated shares Equivalent to 216,000 shares (2,160 rights), Category The Company's employees / Number of Employees 26 / Number of allocated shares Equivalent to 642,000 shares (6,420 rights)
Payment date
19 June 2026
Basis for determining the amount to be paid
The issue price was set at this amount with reference to the results of a Monte Carlo simulation conducted by the third-party valuation firm 株式会社プルータス・コンサルティング, taking into account the Company's share price information and other factors. The periods used for the closing price and average share price, as well as the discount rate and premium rate, are Not disclosed.
Procedures under the Corporate Code of Conduct
Because the rights are issued for consideration at fair value and on terms that are not particularly favorable, the issuance will be carried out without obtaining approval at a general meeting of shareholders.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights for subscription (paid stock options) |
| Number of shares to be issued or disposed of | 8,580 stock acquisition rights, representing 858,000 common shares (100 shares per right) |
| Issue price and disposal price | ¥1,100 per stock acquisition right |
| Payment date | 19 June 2026 |
| Intended allottee | Name 4 of the Company’s directors / Number of Shares Equivalent to 216,000 shares (2,160 rights), Name 26 of the Company's employees / Number of Shares Equivalent to 642,000 shares (6,420 rights) |
| Dilution Rate | 1.39% (assuming all of these stock acquisition rights are exercised) |
| Basis for determining the amount to be paid | The issue price was set at this amount with reference to the results of a Monte Carlo simulation conducted by the third-party valuation firm 株式会社プルータス・コンサルティング, taking into account the Company's share price information and other factors. The periods used for the closing price and average share price, as well as the discount rate and premium rate, are Not disclosed. |
| Exercise price | The initial exercise price is ¥3,325 per share. Adjustment provisions apply in connection with share splits, share consolidations and issuances below market value, among other events. The floor for adjustments is Not disclosed. |
| Exercise period | Start Date 1 April 2029 / End date 31 March 2031 |
| Number of Stock Acquisition Rights | Total issued: 8,580 rights; unexercised rights: Not disclosed |
| Reason for acquisition without consideration | If a holder becomes unable to exercise the rights before exercising them due to performance conditions, continued-employment conditions or other requirements, the Company may acquire the rights without consideration. |
| Categories and Number of Persons Covered | Category Directors of the company / Number of Employees 4 / Number of allocated shares Equivalent to 216,000 shares (2,160 rights), Category The Company's employees / Number of Employees 26 / Number of allocated shares Equivalent to 642,000 shares (6,420 rights) |
| Total Stock-Based Compensation | This is a paid issuance based on individual investment decisions, rather than compensation. The amount of monetary compensation claims and the annual compensation limit are Not disclosed. |
| Procedures under the Corporate Code of Conduct | Because the rights are issued for consideration at fair value and on terms that are not particularly favorable, the issuance will be carried out without obtaining approval at a general meeting of shareholders. |
Items this document does not state (14)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsUnderwriter / 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 retain and secure talented personnel and enhance their motivation and morale in pursuit of growth in the existing business and growth and profit expansion through M&A. The stock options are also intended to contribute to increases in corporate value and shareholder value by achieving performance targets.
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.