Worth reading
47Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of stock options (stock acquisition rights) to directors
Who receives how much
150,000 shares (1,500 stock acquisition rights × 100 shares per right)
3 directors of the CompanyEquivalent to 150,000 shares (1,500 stock acquisition rights)
The lower thin line represents the existing number of shares to which these shares will be added.
To be determined (the amount calculated by multiplying the option price per share by the number of shares granted)
Total issue value
To be determined
Amount of funds to be raised
No substantive funds raised (the monetary compensation equivalent to the total payment amount for the stock acquisition rights will be offset against the payment obligation)
Total Stock-Based Compensation
Monetary compensation equivalent to the total payment amount for the stock acquisition rights. The amount is to be determined.
Terms of the stock acquisition rights
Exercise price
To be determined. The higher of the average closing price for the month preceding the month containing the allotment date multiplied by 1.025 and the closing price on the allotment date. Adjustment provisions apply in connection with stock splits, consolidations and similar events. The floor is Not disclosed.
Exercise period
From 11 September 2028 to 31 March 2032
Number of Stock Acquisition Rights
Total to be issued: 1,500. Number of unexercised rights remaining: Not disclosed.
Reason for acquisition without consideration
If a proposal concerning a merger, company split, share exchange or share transfer is approved, or if a holder of the stock acquisition rights or other relevant party becomes unable to exercise the rights under the exercise conditions.
Categories and Number of Persons Covered
3 directors of the Company; 1,500 stock acquisition rights (equivalent to 150,000 shares)
Payment date
10 September 2026
Basis for determining the amount to be paid
The exercise price of the stock acquisition rights will be the higher of (i) the average closing price on each trading day in the month preceding the month containing the allotment date on 10 September 2026, multiplied by 1.025, and (ii) the closing price on the allotment date. The payment amount for the stock acquisition rights will be calculated at fair value using the Black-Scholes model.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock options (stock acquisition rights) to directors |
| Number of shares to be issued or disposed of | 150,000 shares (1,500 stock acquisition rights × 100 shares per right) |
| Issue price and disposal price | To be determined (the amount calculated by multiplying the option price per share by the number of shares granted) |
| Total issue value | To be determined |
| Amount of funds to be raised | No substantive funds raised (the monetary compensation equivalent to the total payment amount for the stock acquisition rights will be offset against the payment obligation) |
| Payment date | 10 September 2026 |
| Intended allottee | Name 3 directors of the Company / Number of Shares Equivalent to 150,000 shares (1,500 stock acquisition rights) |
| Basis for determining the amount to be paid | The exercise price of the stock acquisition rights will be the higher of (i) the average closing price on each trading day in the month preceding the month containing the allotment date on 10 September 2026, multiplied by 1.025, and (ii) the closing price on the allotment date. The payment amount for the stock acquisition rights will be calculated at fair value using the Black-Scholes model. |
| Exercise price | To be determined. The higher of the average closing price for the month preceding the month containing the allotment date multiplied by 1.025 and the closing price on the allotment date. Adjustment provisions apply in connection with stock splits, consolidations and similar events. The floor is Not disclosed. |
| Exercise period | From 11 September 2028 to 31 March 2032 |
| Number of Stock Acquisition Rights | Total to be issued: 1,500. Number of unexercised rights remaining: Not disclosed. |
| Reason for acquisition without consideration | If a proposal concerning a merger, company split, share exchange or share transfer is approved, or if a holder of the stock acquisition rights or other relevant party becomes unable to exercise the rights under the exercise conditions. |
| Categories and Number of Persons Covered | 3 directors of the Company; 1,500 stock acquisition rights (equivalent to 150,000 shares) |
| Total Stock-Based Compensation | Monetary compensation equivalent to the total payment amount for the stock acquisition rights. The amount is to be determined. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsUnderwriter / 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.To further strengthen the directors’ motivation and morale to contribute to improving the Company’s business performance.
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.