Worth reading
72In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
12024565752
Yen (total proceeds)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of Series 1 Stock Acquisition Rights and Series 1 Unsecured Convertible Bonds with Stock Acquisition Rights through a third-party allotment
Intended allottee
AP PS Ⅳ S2, L.P. (8,169 Stock Acquisition Rights and 49 Convertible Bonds with Stock Acquisition Rights)
Total issue value
Stock Acquisition Rights: ¥816,900. Convertible Bonds with Stock Acquisition Rights: Not disclosed (no aggregate principal amount of the bonds stated)
Amount of funds to be raised
Stock Acquisition Rights: ¥2,000,588,100 (estimated net proceeds: ¥1,989,048,100). Convertible Bonds with Stock Acquisition Rights: ¥10,023,968,926 (estimated net proceeds: ¥10,012,428,926)
Estimated issuance expenses
¥11,540,000 (total for the Stock Acquisition Rights and Convertible Bonds with Stock Acquisition Rights)
Terms of the stock acquisition rights
Exercise price
Stock Acquisition Rights: initially ¥2,448. Adjusted on 30 June 2028, 30 June 2029, 30 June 2030 and 31 March 2031 based on the average closing price over the preceding 20 consecutive trading days. Floor price: ¥2,203. Convertible Bonds with Stock Acquisition Rights: initial conversion price of ¥2,448. Adjusted on the same dates based on the average closing price over the preceding 20 consecutive trading days. Floor price: ¥2,203
Number of Stock Acquisition Rights
Stock Acquisition Rights: total issued, 8,169; unexercised balance, Not disclosed. Convertible Bonds with Stock Acquisition Rights: total issued, 49; unexercised balance, Not disclosed
Reason for acquisition without consideration
The disclosure states that the amount of funds raised will decrease if the Company cancels Stock Acquisition Rights it has acquired, but the acquisition conditions are Not disclosed
Payment date
19 May 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of Series 1 Stock Acquisition Rights and Series 1 Unsecured Convertible Bonds with Stock Acquisition Rights through a third-party allotment |
| Issue price and disposal price | Stock Acquisition Rights: ¥100 per right. Convertible Bonds with Stock Acquisition Rights: ¥100.24 per ¥100 of principal amount of the bonds |
| Total issue value | Stock Acquisition Rights: ¥816,900. Convertible Bonds with Stock Acquisition Rights: Not disclosed (no aggregate principal amount of the bonds stated) |
| Amount of funds to be raised | Stock Acquisition Rights: ¥2,000,588,100 (estimated net proceeds: ¥1,989,048,100). Convertible Bonds with Stock Acquisition Rights: ¥10,023,968,926 (estimated net proceeds: ¥10,012,428,926) |
| Estimated issuance expenses | ¥11,540,000 (total for the Stock Acquisition Rights and Convertible Bonds with Stock Acquisition Rights) |
| Payment date | 19 May 2026 |
| Intended allottee | AP PS Ⅳ S2, L.P. (8,169 Stock Acquisition Rights and 49 Convertible Bonds with Stock Acquisition Rights) |
| Exercise price | Stock Acquisition Rights: initially ¥2,448. Adjusted on 30 June 2028, 30 June 2029, 30 June 2030 and 31 March 2031 based on the average closing price over the preceding 20 consecutive trading days. Floor price: ¥2,203. Convertible Bonds with Stock Acquisition Rights: initial conversion price of ¥2,448. Adjusted on the same dates based on the average closing price over the preceding 20 consecutive trading days. Floor price: ¥2,203 |
| Number of Stock Acquisition Rights | Stock Acquisition Rights: total issued, 8,169; unexercised balance, Not disclosed. Convertible Bonds with Stock Acquisition Rights: total issued, 49; unexercised balance, Not disclosed |
| Reason for acquisition without consideration | The disclosure states that the amount of funds raised will decrease if the Company cancels Stock Acquisition Rights it has acquired, but the acquisition conditions are Not disclosed |
Items this document does not state (18)
Number of shares to be issued or disposed ofSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodTransfer restriction periodConditions for lifting transfer restrictionsCategories and Number of Persons CoveredTotal 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.Payment for the First Stock Acquisition Rights and First Convertible Bonds with Stock Acquisition Rights resolved at the Board of Directors meeting held on 30 April 2026 was completed today.
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.