Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
92
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Stock options in the form of share-based compensation subject to share price conditions (offered stock acquisition rights)
Who receives how much
300 shares per option; 92 offered stock acquisition rights (maximum of 27,600 shares)
1 former executive officer who does not concurrently serve as a director: 92 options
The lower thin line represents the existing number of shares to which these shares will be added.
Not applicable (no monetary payment is required in exchange for the offered stock acquisition rights)
Amount of funds to be raised
Total subscription proceeds: ¥0; estimated net proceeds: Not disclosed
Terms of the stock acquisition rights
Exercise price
¥1 per share. There are no adjustment provisions; the exercise price is fixed.
Exercise period
From 8 June 2026 to 11 July 2052
Number of Stock Acquisition Rights
Total number issued: 92 options; outstanding unexercised balance: Not disclosed
Reason for acquisition without consideration
No acquisition provisions are stipulated.
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 is determined according to the Company's Share Growth Rate, calculated by dividing the Company's TSR by the growth rate of TOPIX: 100% for a Company Share Growth Rate of 125% or more, a percentage calculated using a formula for 75% or more but less than 125%, and 40% for less than 75%. The vesting percentage under this plan is 100%.
Categories and Number of Persons Covered
1 former executive officer who does not concurrently serve as a director: 92 options
Procedures under the Corporate Code of Conduct
The Board of Directors resolved the offering terms and other matters at its meeting held on 19 May 2026. Information on obtaining the opinion of an independent third party or confirming shareholder intent: Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Stock options in the form of share-based compensation subject to share price conditions (offered stock acquisition rights) |
| Number of shares to be issued or disposed of | 300 shares per option; 92 offered stock acquisition rights (maximum of 27,600 shares) |
| Issue price and disposal price | Not applicable (no monetary payment is required in exchange for the offered stock acquisition rights) |
| Amount of funds to be raised | Total subscription proceeds: ¥0; estimated net proceeds: Not disclosed |
| Intended allottee | 1 former executive officer who does not concurrently serve as a director: 92 options |
| Exercise price | ¥1 per share. There are no adjustment provisions; the exercise price is fixed. |
| Exercise period | From 8 June 2026 to 11 July 2052 |
| Number of Stock Acquisition Rights | Total number issued: 92 options; outstanding unexercised balance: Not disclosed |
| Conditions for lifting transfer restrictions | The vesting percentage is determined according to the Company's Share Growth Rate, calculated by dividing the Company's TSR by the growth rate of TOPIX: 100% for a Company Share Growth Rate of 125% or more, a percentage calculated using a formula for 75% or more but less than 125%, and 40% for less than 75%. The vesting percentage under this plan is 100%. |
| Reason for acquisition without consideration | No acquisition provisions are stipulated. |
| Categories and Number of Persons Covered | 1 former executive officer who does not concurrently serve as a director: 92 options |
| Procedures under the Corporate Code of Conduct | The Board of Directors resolved the offering terms and other matters at its meeting held on 19 May 2026. Information on obtaining the opinion of an independent third party or confirming shareholder intent: Not disclosed. |
Items this document does not state (16)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution 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 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 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.