Financing Through Stock Acquisition Rights with Adjustment Clauses for the Exercise Price
First written in FY2019-Q3. 1 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2021.
2 other companies' latest entry also says "Other".
- FY2021Cancellation of remaining stock acquisition rightsAnnual report
「Fourth Series of Stock Acquisition Rights (issued 17 December 2018) Common shares 2,860 thousand shares — — 2,860 thousand shares —」
All stock acquisition rights covering the 2,860 thousand underlying shares remaining at the end of the previous fiscal year were cancelled, leaving a zero balance at the end of the fiscal year. - FY2020AdvancedAnnual report
「Number of exercise-price-adjustable stock acquisition rights with adjustment clauses exercised during the period (units) 1,400 Number of shares delivered upon exercise during the period (shares) 140,000 Funds raised through exercises during the period (¥ million) 127」
During the fiscal year, 1,400 exercise-price-adjustable stock acquisition rights were exercised, resulting in the delivery of 140,000 shares and ¥127 million in funds raised. - FY2019-Q3First statedAnnual report
「Class and number of shares underlying the stock acquisition rights (shares) Common shares 3,000,000 Amount payable upon exercise of the stock acquisition rights (yen) Initial exercise price 820 Exercise period for the stock acquisition rights 19 December 2018–21 December 2020」
The company issued 30,000 stock acquisition rights through a third-party allotment and introduced a financing instrument covering up to 3,000,000 shares. The exercise price is adjusted in line with the share price, with a minimum exercise price of ¥574, a minimum financing amount of ¥1,733,010,000 if all rights are exercised, and underlying shares equivalent to 13.29% of the total number of shares outstanding.