Worth reading
40Recurring
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
18700
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock acquisition rights as stock compensation stock options for directors
Who receives how much
18,700 shares (187 stock acquisition rights, with 100 shares per right)
2 directors of the Company: 187 stock acquisition rights
The lower thin line represents the existing number of shares to which these shares will be added.
¥102,405 per stock acquisition right, or ¥1,024.05 per share
Amount of funds to be raised
No cash payment. Offset against compensation receivables
Total Stock-Based Compensation
Compensation receivables equivalent to ¥102,405 per stock acquisition right; total: Not disclosed
Terms of the stock acquisition rights
Number of Stock Acquisition Rights
Total issued: 187 stock acquisition rights; unexercised balance: Not disclosed
Categories and Number of Persons Covered
2 directors of the Company, 187 stock acquisition rights (18,700 shares)
Basis for determining the amount to be paid
Fair value calculated using the Black-Scholes model on the allocation date (15 September 2026)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights as stock compensation stock options for directors |
| Number of shares to be issued or disposed of | 18,700 shares (187 stock acquisition rights, with 100 shares per right) |
| Issue price and disposal price | ¥102,405 per stock acquisition right, or ¥1,024.05 per share |
| Amount of funds to be raised | No cash payment. Offset against compensation receivables |
| Intended allottee | 2 directors of the Company: 187 stock acquisition rights |
| Basis for determining the amount to be paid | Fair value calculated using the Black-Scholes model on the allocation date (15 September 2026) |
| Number of Stock Acquisition Rights | Total issued: 187 stock acquisition rights; unexercised balance: Not disclosed |
| Categories and Number of Persons Covered | 2 directors of the Company, 187 stock acquisition rights (18,700 shares) |
| Total Stock-Based Compensation | Compensation receivables equivalent to ¥102,405 per stock acquisition right; total: Not disclosed |
Items this document does not state (19)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodTransfer 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.To issue the options as stock compensation stock options for directors. The payment amount is the fair value calculated using the Black-Scholes model on the allocation date and will be settled by offsetting it against compensation receivables.
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.