Worth reading
48Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
3924200
Shares (number of shares that may be delivered upon exercise of the stock acquisition rights)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of stock options through stock acquisition rights (Series 23 Stock Acquisition Rights)
Who receives how much
39,242 stock acquisition rights, representing 3,924,200 shares of the company's common stock to be delivered upon exercise (100 shares per stock acquisition right)
4,560 employees of the company's wholly owned subsidiary in total (the eligible recipients and the number of rights allocated to each will be left to the discretion of the Representative Executive Officer and President)
The lower thin line represents the existing number of shares to which these shares will be added.
No payment required (per stock acquisition right)
Amount of funds to be raised
No payment is required upon issuance of the stock acquisition rights. The total payment upon exercise is Not disclosed, and the estimated net proceeds are Not disclosed
Terms of the stock acquisition rights
Exercise price
To be determined based on the closing price on 18 August 2026. Adjustment provisions apply in connection with stock splits, reverse stock splits and the issuance of new shares or disposal of treasury shares at a price below market value, among other matters. The floor for adjustments is Not disclosed
Exercise period
Start Date 1 September 2028 / End date 2 August 2036
Number of Stock Acquisition Rights
Total number issued 39,242 stock acquisition rights / Number of unexercised units Not disclosed
Reason for acquisition without consideration
If a holder of the stock acquisition rights no longer meets the conditions for exercising the stock acquisition rights, or if the holder waives all or part of the stock acquisition rights
Categories and Number of Persons Covered
4,560 employees of the company's wholly owned subsidiary in total; the categories and number of shares allocated will be left to the discretion of the Representative Executive Officer and President
Payment date
No payment required
Basis for determining the amount to be paid
The exercise price will be based on the closing price of the company's common stock in regular trading on the Tokyo Stock Exchange on 18 August 2026, the allocation date, or, if there is no closing price on that date, the closing price on the most recent preceding trading day. The discount rate and premium rate are Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock options through stock acquisition rights (Series 23 Stock Acquisition Rights) |
| Number of shares to be issued or disposed of | 39,242 stock acquisition rights, representing 3,924,200 shares of the company's common stock to be delivered upon exercise (100 shares per stock acquisition right) |
| Issue price and disposal price | No payment required (per stock acquisition right) |
| Amount of funds to be raised | No payment is required upon issuance of the stock acquisition rights. The total payment upon exercise is Not disclosed, and the estimated net proceeds are Not disclosed |
| Payment date | No payment required |
| Intended allottee | 4,560 employees of the company's wholly owned subsidiary in total (the eligible recipients and the number of rights allocated to each will be left to the discretion of the Representative Executive Officer and President) |
| Basis for determining the amount to be paid | The exercise price will be based on the closing price of the company's common stock in regular trading on the Tokyo Stock Exchange on 18 August 2026, the allocation date, or, if there is no closing price on that date, the closing price on the most recent preceding trading day. The discount rate and premium rate are Not disclosed |
| Exercise price | To be determined based on the closing price on 18 August 2026. Adjustment provisions apply in connection with stock splits, reverse stock splits and the issuance of new shares or disposal of treasury shares at a price below market value, among other matters. The floor for adjustments is Not disclosed |
| Exercise period | Start Date 1 September 2028 / End date 2 August 2036 |
| Number of Stock Acquisition Rights | Total number issued 39,242 stock acquisition rights / Number of unexercised units Not disclosed |
| Reason for acquisition without consideration | If a holder of the stock acquisition rights no longer meets the conditions for exercising the stock acquisition rights, or if the holder waives all or part of the stock acquisition rights |
| Categories and Number of Persons Covered | 4,560 employees of the company's wholly owned subsidiary in total; the categories and number of shares allocated will be left to the discretion of the Representative Executive Officer and President |
Items this document does not state (16)
Total issue valueEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / 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 increase incentives for employees of the company's wholly owned subsidiary to improve consolidated performance.
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.