Worth reading
21Immaterial
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
27.3
Yen per share (reduction in conversion price)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Adjustment of the conversion price and completion of conversion of Euroyen-denominated convertible bonds with stock acquisition rights due 2026
Terms of the stock acquisition rights
Exercise price
Conversion price: ¥1,186.1 before adjustment and ¥1,158.8 after adjustment. Adjustment made pursuant to the conversion price adjustment provisions of the bond terms. Floor for the revised price: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Adjustment of the conversion price and completion of conversion of Euroyen-denominated convertible bonds with stock acquisition rights due 2026 |
| Exercise price | Conversion price: ¥1,186.1 before adjustment and ¥1,158.8 after adjustment. Adjustment made pursuant to the conversion price adjustment provisions of the bond terms. Floor for the revised price: Not disclosed |
Items this document does not state (26)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories 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.The annual dividend for the fiscal year ending March 2026 was determined to be ¥54 per share, including a year-end dividend of ¥34 per share. Accordingly, the conversion price was adjusted in accordance with the conversion price adjustment provisions of the bond terms. Exercise requests for the stock acquisition rights were submitted for all outstanding bonds, completing their conversion into common shares.
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.