Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
42600
shares (142 stock options × 300 shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock price-conditioned, share compensation-type stock options (stock acquisition rights offered for subscription)
Who receives how much
142 stock options, each covering 300 shares (42,600 potential shares)
Executive officers and former executive officers who do not concurrently serve as directors (3 people)142 stock options
The lower thin line represents the existing number of shares to which these shares will be added.
No payment of money is required in exchange for the stock options. The exercise payment is ¥1 per share.
Amount of funds to be raised
Total amount to be paid: ¥0. Estimated net proceeds: Not disclosed
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥1 per share. No adjustment provision is specified.
Exercise period
Start Date 9 July 2027 / End date 8 July 2054
Number of Stock Acquisition Rights
Total number issued 142 stock options / Number of unexercised units Not disclosed
Reason for acquisition without consideration
No acquisition provision will be established.
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
The vesting percentage varies according to the Company’s stock growth rate, calculated by dividing the Company’s TSR by the TOPIX growth rate. The percentage is 100% at a Company stock growth rate of 125% or higher, determined according to a formula at 75% or higher but below 125%, and 40% below 75%.
Categories and Number of Persons Covered
Executive officers and former executive officers who do not concurrently serve as directors, 3 people: 142 stock options
Intended allottee's holding policy
Any transfer of the stock options offered for subscription requires approval by resolution of the Company’s Board of Directors.
Payment date
Not applicable (no payment of money is required in exchange for the stock options)
Procedures under the Corporate Code of Conduct
The offering terms were determined at a meeting of the Board of Directors held on 19 May 2026.
Impact on Business Performance
The impact of the issuance of these stock options on performance: Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock price-conditioned, share compensation-type stock options (stock acquisition rights offered for subscription) |
| Number of shares to be issued or disposed of | 142 stock options, each covering 300 shares (42,600 potential shares) |
| Issue price and disposal price | No payment of money is required in exchange for the stock options. The exercise payment is ¥1 per share. |
| Amount of funds to be raised | Total amount to be paid: ¥0. Estimated net proceeds: Not disclosed |
| Payment date | Not applicable (no payment of money is required in exchange for the stock options) |
| Intended allottee | Name Executive officers and former executive officers who do not concurrently serve as directors (3 people) / Number of Shares 142 stock options |
| Intended allottee's holding policy | Any transfer of the stock options offered for subscription requires approval by resolution of the Company’s Board of Directors. |
| Exercise price | The initial exercise price is ¥1 per share. No adjustment provision is specified. |
| Exercise period | Start Date 9 July 2027 / End date 8 July 2054 |
| Number of Stock Acquisition Rights | Total number issued 142 stock options / Number of unexercised units Not disclosed |
| Conditions for lifting transfer restrictions | The vesting percentage varies according to the Company’s stock growth rate, calculated by dividing the Company’s TSR by the TOPIX growth rate. The percentage is 100% at a Company stock growth rate of 125% or higher, determined according to a formula at 75% or higher but below 125%, and 40% below 75%. |
| Reason for acquisition without consideration | No acquisition provision will be established. |
| Categories and Number of Persons Covered | Executive officers and former executive officers who do not concurrently serve as directors, 3 people: 142 stock options |
| Procedures under the Corporate Code of Conduct | The offering terms were determined at a meeting of the Board of Directors held on 19 May 2026. |
| Impact on Business Performance | The impact of the issuance of these stock options on performance: Not disclosed |
Items this document does not state (13)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesBasis for determining the amount to be paidTransfer restriction periodTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering
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 increase motivation and morale to improve the Company’s performance and promote the sharing of value with shareholders.
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.