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Share Issuance and Disposal7780Menicon Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning Proposals to Be Submitted to the 69th Annual General Meeting of Shareholders (Election of Directors and Grant of Stock Options (Share Acquisition Rights) to Directors and Employees of the Company's Subsidiaries)

The Company has decided to submit to the Annual General Meeting of Shareholders a proposal to grant share acquisition rights without consideration as stock options to directors and employees of its subsidiaries. A maximum of 170 rights will be issued to residents of Japan and a maximum of 560 rights to non-residents of Japan. Each right entitles the holder to acquire 100 common shares.

Worth reading
34Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
73000
Shares (maximum)
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Issuance without consideration of stock acquisition rights as stock options

Who receives how much

For residents of Japan: a maximum of 17,000 common shares of the Company; for non-residents of Japan: a maximum of 56,000 common shares of the Company

Directors of the Company's subsidiaries (residents of Japan)Maximum of 17,000 shares
Directors and employees of the Company's subsidiaries (non-residents of Japan)Maximum of 56,000 shares

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.

The share acquisition rights will be issued without consideration. The exercise price is ¥1 per share.
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥1 per share. No adjustment provision is specified.
Exercise period
Subject For residents of Japan / Start Date 31 March 2027 / End date 30 March 2077, Subject For non-residents of Japan / Start Date 31 March 2028 / End date 30 March 2078
Number of Stock Acquisition Rights
For residents of Japan: a maximum of 170 rights; for non-residents of Japan: a maximum of 560 rights. Number of outstanding unexercised rights: Not disclosed
Reason for acquisition without consideration
If approval is granted for a merger in which the Company is the disappearing company, a company split in which the Company is the split company, or a share exchange or share transfer in which the Company becomes a wholly owned subsidiary. For rights granted to non-residents of Japan, this also applies if, as a result of another party acquiring the Company's common shares, more than half of the Company's total voting rights are held by that party.
Categories and Number of Persons Covered
Directors of subsidiaries (residents of Japan), and directors and employees of subsidiaries (non-residents of Japan). Number of eligible persons: Not disclosed
Procedures under the Corporate Code of Conduct
Approval will be sought at the 69th Annual General Meeting of Shareholders scheduled for 26 June 2026, under Agenda Item 2 and Agenda Item 3.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance without consideration of stock acquisition rights as stock options
Number of shares to be issued or disposed ofFor residents of Japan: a maximum of 17,000 common shares of the Company; for non-residents of Japan: a maximum of 56,000 common shares of the Company
Issue price and disposal priceThe share acquisition rights will be issued without consideration. The exercise price is ¥1 per share.
Intended allotteeName Directors of the Company's subsidiaries (residents of Japan) / Number of Shares Maximum of 17,000 shares, Name Directors and employees of the Company's subsidiaries (non-residents of Japan) / Number of Shares Maximum of 56,000 shares
Exercise priceThe initial exercise price is ¥1 per share. No adjustment provision is specified.
Exercise periodSubject For residents of Japan / Start Date 31 March 2027 / End date 30 March 2077, Subject For non-residents of Japan / Start Date 31 March 2028 / End date 30 March 2078
Number of Stock Acquisition RightsFor residents of Japan: a maximum of 170 rights; for non-residents of Japan: a maximum of 560 rights. Number of outstanding unexercised rights: Not disclosed
Reason for acquisition without considerationIf approval is granted for a merger in which the Company is the disappearing company, a company split in which the Company is the split company, or a share exchange or share transfer in which the Company becomes a wholly owned subsidiary. For rights granted to non-residents of Japan, this also applies if, as a result of another party acquiring the Company's common shares, more than half of the Company's total voting rights are held by that party.
Categories and Number of Persons CoveredDirectors of subsidiaries (residents of Japan), and directors and employees of subsidiaries (non-residents of Japan). Number of eligible persons: Not disclosed
Procedures under the Corporate Code of ConductApproval will be sought at the 69th Annual General Meeting of Shareholders scheduled for 26 June 2026, under Agenda Item 2 and Agenda Item 3.
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 sharesBasis for determining the amount to be paidTransfer restriction periodConditions for lifting transfer restrictionsTotal 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 enhance the willingness and morale of the recipients to contribute to improvements in the consolidated performance of the Company's group and promote management aimed at enhancing corporate value.

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.
Notice Concerning Proposals to Be Submitted to the 69th Annual General Meeting of Shareholders (Election of Directors and Grant of Stock Options (Share Acquisition Rights) to Directors and Employees of the Company's Subsidiaries) | Menicon Co.,Ltd. (7780) timely disclosure | Komori