Worth reading
37Immaterial
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
517
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock compensation-type stock options (stock acquisition rights)
Who receives how much51,700Shares
51,700 shares of the Company's common stock
6 directors of the Company, excluding outside directors: 517 stock acquisition rights
The lower thin line represents the existing number of shares to which these shares will be added.
¥76,700 per stock acquisition right, or ¥767 per share
Amount of funds to be raised
Total amount to be paid: Not disclosed; estimated net proceeds: Not disclosed
Terms of the stock acquisition rights
Number of Stock Acquisition Rights
Total number issued: 517; balance unexercised: Not disclosed
Categories and Number of Persons Covered
Directors of the Company, excluding outside directors: 6 people; 517 rights
Basis for determining the amount to be paid
The fair value calculated using the Black-Scholes model on the allotment date. The discount or premium rate relative to the closing price and average share price is Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock compensation-type stock options (stock acquisition rights) |
| Number of shares to be issued or disposed of | 51,700 shares of the Company's common stock |
| Issue price and disposal price | ¥76,700 per stock acquisition right, or ¥767 per share |
| Amount of funds to be raised | Total amount to be paid: Not disclosed; estimated net proceeds: Not disclosed |
| Intended allottee | 6 directors of the Company, excluding outside directors: 517 stock acquisition rights |
| Basis for determining the amount to be paid | The fair value calculated using the Black-Scholes model on the allotment date. The discount or premium rate relative to the closing price and average share price is Not disclosed |
| Number of Stock Acquisition Rights | Total number issued: 517; balance unexercised: Not disclosed |
| Categories and Number of Persons Covered | Directors of the Company, excluding outside directors: 6 people; 517 rights |
Items this document does not state (20)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal 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 stock options will be issued as stock-based compensation for the Company's directors, excluding outside directors. The payment amount is the fair value calculated using the Black-Scholes model and will be paid by offsetting it against compensation receivables.
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.