Worth reading
43Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
190
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as equity compensation stock options
発行・処分する株式数
190 stock acquisition rights; 100 shares per right; total potential shares: 19,000 common shares
Intended allottee
Category Directors / Number of Employees 4 / Number of stock acquisition rights 85 share acquisition rights, Category Executive officers at or above the level of senior executive officer / Number of Employees 9 / Number of stock acquisition rights 105
Calculated based on the fair value per stock acquisition right. The specific amount is not disclosed
Total Stock-Based Compensation
Each recipient will receive remuneration equal to the payment amount for the stock acquisition rights. The specific amount is Not disclosed
Terms of the stock acquisition rights
Exercise price
¥1 per share. Amendment provisions: Not disclosed
Exercise period
Start Date 25 April 2026 / End date 24 April 2056
Number of Stock Acquisition Rights
Total number issued 190 / Unexercised balance Not disclosed
Reason for acquisition without consideration
The Company may acquire the rights without consideration on a date separately determined by the Board of Directors if shareholder approval is obtained for a merger in which the Company is the disappearing company, a company split in which the Company is the splitting company, or a share exchange or share transfer in which the Company becomes a wholly owned subsidiary. If shareholder approval is not required, this applies when the Board of Directors adopts the relevant resolution
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 rights may be exercised within a range of 0% to 100% depending on the achievement level of consolidated profit before income taxes and other adjustments for the fiscal year in which the allotment date falls. Exercise is permitted only until the date on which 10 days have elapsed from the day following the date on which the recipient ceases to hold the relevant position
Categories and Number of Persons Covered
Category Directors / Number of Employees 4 / Number of allocated shares Equivalent to 8,500 shares (85 stock acquisition rights), Category Executive officers at or above the level of senior executive officer / Number of Employees 9 / Number of allocated shares Equivalent to 10,500 shares (105 stock acquisition rights)
Payment date
24 April 2026
Basis for determining the amount to be paid
The fair value per stock acquisition right as of the allotment date will be calculated using the Black-Scholes model based on the terms and conditions applicable on that date. The reference share price, discount rate and premium rate are Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as equity compensation stock options |
| Number of shares to be issued or disposed of | 190 stock acquisition rights; 100 shares per right; total potential shares: 19,000 common shares |
| Issue price and disposal price | Calculated based on the fair value per stock acquisition right. The specific amount is not disclosed |
| Payment date | 24 April 2026 |
| Intended allottee | Category Directors / Number of Employees 4 / Number of stock acquisition rights 85 share acquisition rights, Category Executive officers at or above the level of senior executive officer / Number of Employees 9 / Number of stock acquisition rights 105 |
| Basis for determining the amount to be paid | The fair value per stock acquisition right as of the allotment date will be calculated using the Black-Scholes model based on the terms and conditions applicable on that date. The reference share price, discount rate and premium rate are Not disclosed |
| Exercise price | ¥1 per share. Amendment provisions: Not disclosed |
| Exercise period | Start Date 25 April 2026 / End date 24 April 2056 |
| Number of Stock Acquisition Rights | Total number issued 190 / Unexercised balance Not disclosed |
| Conditions for lifting transfer restrictions | The rights may be exercised within a range of 0% to 100% depending on the achievement level of consolidated profit before income taxes and other adjustments for the fiscal year in which the allotment date falls. Exercise is permitted only until the date on which 10 days have elapsed from the day following the date on which the recipient ceases to hold the relevant position |
| Reason for acquisition without consideration | The Company may acquire the rights without consideration on a date separately determined by the Board of Directors if shareholder approval is obtained for a merger in which the Company is the disappearing company, a company split in which the Company is the splitting company, or a share exchange or share transfer in which the Company becomes a wholly owned subsidiary. If shareholder approval is not required, this applies when the Board of Directors adopts the relevant resolution |
| Categories and Number of Persons Covered | Category Directors / Number of Employees 4 / Number of allocated shares Equivalent to 8,500 shares (85 stock acquisition rights), Category Executive officers at or above the level of senior executive officer / Number of Employees 9 / Number of allocated shares Equivalent to 10,500 shares (105 stock acquisition rights) |
| Total Stock-Based Compensation | Each recipient will receive remuneration equal to the payment amount for the stock acquisition rights. The specific amount is Not disclosed |
Items this document does not state (15)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodUnderwriter / 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.To share with shareholders the benefits and risks of share price fluctuations and strengthen directors’ motivation to improve performance and enhance corporate value over the medium to long term.
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.