Worth reading
32Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
306300
¥ per stock acquisition rightWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as equity compensation stock options
Who receives how much
5,200 common shares (52 stock acquisition rights)
Directors of the Company: 4 people, 52 rights
The lower thin line represents the existing number of shares to which these shares will be added.
¥306,300 per stock acquisition right
Total issue value
¥15,927,600 (¥306,300 × 52 rights)
Amount of funds to be raised
No cash payment; no estimated net proceeds
Total Stock-Based Compensation
Director compensation of ¥306,300 per right for 52 rights, for a total of ¥15,927,600
Terms of the stock acquisition rights
Exercise price
¥1 per share. The presence of an adjustment provision and the adjustment floor are Not disclosed.
Exercise period
16 July 2026 to 15 July 2041
Number of Stock Acquisition Rights
Total to be issued: 52 rights. Number of unexercised rights: Not disclosed
Categories and Number of Persons Covered
Directors of the Company: 4 people, 52 rights
Basis for determining the amount to be paid
The issue price represents director compensation equivalent to the fair value for accounting purposes on the allotment date. The period used for the reference closing price and average share price, and the discount and premium rates, 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 | 5,200 common shares (52 stock acquisition rights) |
| Issue price and disposal price | ¥306,300 per stock acquisition right |
| Total issue value | ¥15,927,600 (¥306,300 × 52 rights) |
| Amount of funds to be raised | No cash payment; no estimated net proceeds |
| Intended allottee | Directors of the Company: 4 people, 52 rights |
| Basis for determining the amount to be paid | The issue price represents director compensation equivalent to the fair value for accounting purposes on the allotment date. The period used for the reference closing price and average share price, and the discount and premium rates, are Not disclosed. |
| Exercise price | ¥1 per share. The presence of an adjustment provision and the adjustment floor are Not disclosed. |
| Exercise period | 16 July 2026 to 15 July 2041 |
| Number of Stock Acquisition Rights | Total to be issued: 52 rights. Number of unexercised rights: Not disclosed |
| Categories and Number of Persons Covered | Directors of the Company: 4 people, 52 rights |
| Total Stock-Based Compensation | Director compensation of ¥306,300 per right for 52 rights, for a total of ¥15,927,600 |
Items this document does not state (16)
Estimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / 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.As the rights will be issued as director compensation equivalent to their fair value for accounting purposes on the allotment date, no cash payment is required.
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.