Details of issuance or disposal
Issuance of stock compensation-type stock options (subscription rights) to an employee of the Company (Series 38 Subscription Rights)
500 common shares of the Company (100 shares per Subscription Right)
No monetary payment is required. The estimated net proceeds are Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock compensation-type stock options (subscription rights) to an employee of the Company (Series 38 Subscription Rights) |
| Number of shares to be issued or disposed of | 500 common shares of the Company (100 shares per Subscription Right) |
| Issue price and disposal price | An amount equal to the fair value per share of the stock options calculated using the Black-Scholes model on the allotment date, multiplied by the number of shares granted. The specific amount has not been determined. |
| Amount of funds to be raised | No monetary payment is required. The estimated net proceeds are Not disclosed |
| Payment date | 17 August 2026 |
| Intended allottee | Category The Company's employees / Number of Employees 1 / Number of stock acquisition rights 5 |
| Basis for determining the amount to be paid | The fair value calculated using the Black-Scholes model on the allotment date |
| Exercise price | ¥1 per share. The amendment provisions are Not disclosed |
| Exercise period | Start Date 31 March 2027 / End date 30 March 2077 |
| Number of Stock Acquisition Rights | Total number issued 5 / Unexercised balance Not disclosed |
| Reason for acquisition without consideration | If approval is granted at a shareholders meeting for a merger in which the Company is the disappearing company, an absorption-type or incorporation-type company split in which the Company is the splitting company, or a share exchange or share transfer in which the Company becomes a wholly owned subsidiary, or if a resolution of the Board of Directors is adopted where a shareholders meeting resolution is not required, the Company may acquire the Subscription Rights without consideration on a date separately determined by the Board of Directors. |
| Categories and Number of Persons Covered | 1 employee of the Company, 5 Subscription Rights |
| Total Stock-Based Compensation | Monetary compensation equivalent to the total payment amount for the Subscription Rights. The specific amount is Not disclosed |
Items this document does not state (15)
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 salary amount of 1 recipient of the Series 34 Subscription Rights was revised. Accordingly, the number of rights was recalculated, and stock options will be issued to the eligible employee.