Worth reading
53Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
400000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of share acquisition rights as stock options to executive officers and employees
発行・処分する株式数
Up to 400,000 common shares (4,000 share acquisition rights, each representing 100 shares)
Intended allottee
Executive officers and employees (the number of recipients and number allocated to each person are not disclosed)
No cash payment is required for the share acquisition rights
Terms of the stock acquisition rights
Exercise price
The higher of an amount equal to 1.025 times the average closing price during the month preceding the month in which the allotment date falls, or the closing price on the allotment date. Adjustment provisions apply in the event of a stock split, reverse stock split or similar event
Exercise period
From the day following the second anniversary of the allotment date through 31 March 2032
Number of Stock Acquisition Rights
The total number issued will not exceed 4,000. The number of unexercised rights is not disclosed
Reason for acquisition without consideration
If approval is granted at a general meeting of shareholders or other meeting for a corporate reorganization, or if the recipient or heir becomes unable to exercise the rights
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Conditions for lifting transfer restrictions
If a recipient ceases, due to retirement or another reason, to qualify as an officer, employee or other eligible person of the company, a subsidiary or a subsidiary of the parent company, the unexercised portion may be exercised only by the earlier of the date two years after the date on which the recipient ceased to qualify or 31 March 2032
Stock Split RatioNot disclosed (the number of shares underlying the rights will be adjusted in the event of a future stock split or reverse stock split)
Categories and Number of Persons Covered
Executive officers and employees. The number of recipients and number of shares allocated by category are not disclosed
Intended allottee's holding policy
The acquisition of the stock acquisition rights through transfer requires approval from the Company's Board of Directors.
Basis for determining the amount to be paid
The exercise price will be the higher of an amount equal to 1.025 times the average closing price for regular trading of the company's common shares on the Tokyo Stock Exchange during the month preceding the month in which the allotment date falls, or the closing price on the allotment date
Procedures under the Corporate Code of Conduct
To be submitted to the 66th annual general meeting of shareholders scheduled for 24 June 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of share acquisition rights as stock options to executive officers and employees |
| Number of shares to be issued or disposed of | Up to 400,000 common shares (4,000 share acquisition rights, each representing 100 shares) |
| Issue price and disposal price | No cash payment is required for the share acquisition rights |
| Intended allottee | Executive officers and employees (the number of recipients and number allocated to each person are not disclosed) |
| Intended allottee's holding policy | The acquisition of the stock acquisition rights through transfer requires approval from the Company's Board of Directors. |
| Basis for determining the amount to be paid | The exercise price will be the higher of an amount equal to 1.025 times the average closing price for regular trading of the company's common shares on the Tokyo Stock Exchange during the month preceding the month in which the allotment date falls, or the closing price on the allotment date |
| Exercise price | The higher of an amount equal to 1.025 times the average closing price during the month preceding the month in which the allotment date falls, or the closing price on the allotment date. Adjustment provisions apply in the event of a stock split, reverse stock split or similar event |
| Exercise period | From the day following the second anniversary of the allotment date through 31 March 2032 |
| Number of Stock Acquisition Rights | The total number issued will not exceed 4,000. The number of unexercised rights is not disclosed |
| Conditions for lifting transfer restrictions | If a recipient ceases, due to retirement or another reason, to qualify as an officer, employee or other eligible person of the company, a subsidiary or a subsidiary of the parent company, the unexercised portion may be exercised only by the earlier of the date two years after the date on which the recipient ceased to qualify or 31 March 2032 |
| Reason for acquisition without consideration | If approval is granted at a general meeting of shareholders or other meeting for a corporate reorganization, or if the recipient or heir becomes unable to exercise the rights |
| Categories and Number of Persons Covered | Executive officers and employees. The number of recipients and number of shares allocated by category are not disclosed |
| Stock Split Ratio | Not disclosed (the number of shares underlying the rights will be adjusted in the event of a future stock split or reverse stock split) |
| Procedures under the Corporate Code of Conduct | To be submitted to the 66th annual general meeting of shareholders scheduled for 24 June 2026 |
Items this document does not state (14)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesTransfer restriction periodTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentMost 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 further increase the motivation and morale of the Group's executive officers and employees to enhance the Group's long-term corporate value, thereby increasing the Group's 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.