Worth reading
69In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
986000
sharesWording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Exercise status and outlook for stock acquisition rights with an exercise price adjustment clause
発行・処分する株式数
Unexercised stock acquisition rights for 565,000 shares; contractually scheduled exercises for 986,000 shares
Intended allottee
Evo Fund
Terms of the stock acquisition rights
Exercise price
Minimum exercise price: ¥210. Details of other exercise prices and adjustment clauses: Not disclosed
Exercise period
Expected to be exercised sequentially by 24 July 2026
Number of Stock Acquisition Rights
Unexercised portion: rights for 565,000 shares. Total number issued: Not disclosed
Intended allottee's holding policy
The company understands that the allottee employs an investment strategy of selling the acquired shares on the market and applying the proceeds to funding additional exercises of the stock acquisition rights.
Most recent equity financing
Timing 6 February 2026 / Type Issuance of new shares and the First Series of Stock Acquisition Rights (with an exercise price adjustment clause) through a private placement / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Exercise status and outlook for stock acquisition rights with an exercise price adjustment clause |
| Number of shares to be issued or disposed of | Unexercised stock acquisition rights for 565,000 shares; contractually scheduled exercises for 986,000 shares |
| Intended allottee | Evo Fund |
| Intended allottee's holding policy | The company understands that the allottee employs an investment strategy of selling the acquired shares on the market and applying the proceeds to funding additional exercises of the stock acquisition rights. |
| Exercise price | Minimum exercise price: ¥210. Details of other exercise prices and adjustment clauses: Not disclosed |
| Exercise period | Expected to be exercised sequentially by 24 July 2026 |
| Number of Stock Acquisition Rights | Unexercised portion: rights for 565,000 shares. Total number issued: Not disclosed |
| Most recent equity financing | Timing 6 February 2026 / Type Issuance of new shares and the First Series of Stock Acquisition Rights (with an exercise price adjustment clause) through a private placement / Amount Not disclosed |
Items this document does not state (20)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesBasis for determining the amount to be paidTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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 the number of tradable shares and meet the Tokyo Stock Exchange listing maintenance requirement of a tradable share market capitalization of at least ¥1 billion. Provided that the share price does not fall below the minimum exercise price of ¥210, the company expects exercise and market sales to be largely completed by 24 July 2026.
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.