Worth reading
49Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
151
options (45,300 underlying shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock-price-based stock compensation stock options (solicitation of applications for share options)
Who receives how much
300 shares per share option, for a total of 45,300 shares represented by 151 options
1 former executive officer who does not concurrently serve as a director: 151 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
Payment upon issuance of share options: ¥0. Total payment upon exercise: up to ¥45,300 (if all 151 options are exercised) / Estimated net proceeds: Not disclosed
発行済株式総数
Increase of up to 45,300 shares (if all 151 options are exercised)
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥1 per share. Adjustment provisions: Not disclosed (the number of options exercisable varies according to the share-price conditions)
Exercise period
From 8 June 2026 to 12 July 2051
Number of Stock Acquisition Rights
Total number issued: 151 options. Number of options remaining unexercised: 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 share-price growth rate over the 3-year period from 12 July 2021, calculated by dividing the Company's TSR by the TOPIX growth rate. The vesting percentage is 100% if the Company's share-price growth rate is 125% or higher, determined according to a formula if it is 75% or higher but below 125%, and 40% if it is below 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: 151 options
Procedures under the Corporate Code of Conduct
At the Board of Directors meeting held on 19 May 2026, the Company determined the offering terms and resolved to conduct the offering and related matters.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock-price-based stock compensation stock options (solicitation of applications for share options) |
| Number of shares to be issued or disposed of | 300 shares per share option, for a total of 45,300 shares represented by 151 options |
| 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 | Payment upon issuance of share options: ¥0. Total payment upon exercise: up to ¥45,300 (if all 151 options are exercised) / Estimated net proceeds: Not disclosed |
| Intended allottee | 1 former executive officer who does not concurrently serve as a director: 151 options |
| Total number of issued shares | Increase of up to 45,300 shares (if all 151 options are exercised) |
| Exercise price | Initial exercise price: ¥1 per share. Adjustment provisions: Not disclosed (the number of options exercisable varies according to the share-price conditions) |
| Exercise period | From 8 June 2026 to 12 July 2051 |
| Number of Stock Acquisition Rights | Total number issued: 151 options. Number of options remaining unexercised: Not disclosed |
| Conditions for lifting transfer restrictions | The vesting percentage varies according to the Company's share-price growth rate over the 3-year period from 12 July 2021, calculated by dividing the Company's TSR by the TOPIX growth rate. The vesting percentage is 100% if the Company's share-price growth rate is 125% or higher, determined according to a formula if it is 75% or higher but below 125%, and 40% if it is below 75%. The vesting percentage under this plan is 100%. |
| Reason for acquisition without consideration | No acquisition provision will be established. |
| Categories and Number of Persons Covered | 1 former executive officer who does not concurrently serve as a director: 151 options |
| Procedures under the Corporate Code of Conduct | At the Board of Directors meeting held on 19 May 2026, the Company determined the offering terms and resolved to conduct the offering and related matters. |
Items this document does not state (15)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateBasis 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.