Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
910000
Shares (9,100 stock acquisition rights × 100 shares)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of equity compensation stock options (Class B stock acquisition rights)
Who receives how much
Up to 910,000 common shares (9,100 stock acquisition rights, 100 shares per right)
4 Company directors, 5 Company executive officers, 23 directors of group companies, and 9 executive officers of group companies. The number of shares allotted to each category is 非開示
The lower thin line represents the existing number of shares to which these shares will be added.
The payment amount per stock acquisition right will be the fair value calculated using the Black-Scholes model on the allotment date. The exercise price per share is ¥1.
Amount of funds to be raised
Total amount paid in: Not disclosed. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Monetary compensation equivalent to the total payment amount for the stock acquisition rights. The amount is Not disclosed
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥1 per share. The adjustment provisions are Not disclosed
Exercise period
From 11 August 2026 to 10 August 2066
Number of Stock Acquisition Rights
Total number issued: 9,100. Number of outstanding unexercised rights: Not disclosed
Reason for acquisition without consideration
If the Company becomes the disappearing company or otherwise ceases to exist as a result of a corporate reorganization, or if a holder becomes unable to exercise the rights, the Company may acquire the unexercised stock acquisition rights without consideration.
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 on or after the day following the date on which the holder ceases to hold any position as a director or executive officer of the Company's group. The rights may not be exercised in cases including disciplinary action or voluntary resignation within a specified period.
Categories and Number of Persons Covered
4 Company directors, 5 Company executive officers, 23 directors of group companies, and 9 executive officers of group companies. The number of shares allotted to each category is Not disclosed
Intended allottee's holding policy
The acquisition of the stock acquisition rights through transfer requires approval from the Company's Board of Directors.
Basis for determining the amount to be paid
The fair value calculated using the Black-Scholes model on the allotment date. The closing price and average share price used as the basis, as well as the discount and premium rates, are Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of equity compensation stock options (Class B stock acquisition rights) |
| Number of shares to be issued or disposed of | Up to 910,000 common shares (9,100 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | The payment amount per stock acquisition right will be the fair value calculated using the Black-Scholes model on the allotment date. The exercise price per share is ¥1. |
| Amount of funds to be raised | Total amount paid in: Not disclosed. Estimated net proceeds: Not disclosed |
| Intended allottee | 4 Company directors, 5 Company executive officers, 23 directors of group companies, and 9 executive officers of group companies. The number of shares allotted to each category is Not disclosed |
| Intended allottee's holding policy | The acquisition of the stock acquisition rights through transfer requires approval from the Company's Board of Directors. |
| Basis for determining the amount to be paid | The fair value calculated using the Black-Scholes model on the allotment date. The closing price and average share price used as the basis, as well as the discount and premium rates, are Not disclosed |
| Exercise price | The initial exercise price is ¥1 per share. The adjustment provisions are Not disclosed |
| Exercise period | From 11 August 2026 to 10 August 2066 |
| Number of Stock Acquisition Rights | Total number issued: 9,100. Number of outstanding unexercised rights: Not disclosed |
| Conditions for lifting transfer restrictions | The rights may be exercised on or after the day following the date on which the holder ceases to hold any position as a director or executive officer of the Company's group. The rights may not be exercised in cases including disciplinary action or voluntary resignation within a specified period. |
| Reason for acquisition without consideration | If the Company becomes the disappearing company or otherwise ceases to exist as a result of a corporate reorganization, or if a holder becomes unable to exercise the rights, the Company may acquire the unexercised stock acquisition rights without consideration. |
| Categories and Number of Persons Covered | 4 Company directors, 5 Company executive officers, 23 directors of group companies, and 9 executive officers of group companies. The number of shares allotted to each category is Not disclosed |
| Total Stock-Based Compensation | Monetary compensation equivalent to the total payment amount for the stock acquisition rights. The amount is Not disclosed |
Items this document does not state (14)
Total issue valueEstimated issuance expensesSpecific use of fundsPayment dateDilution 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 establish a clearer link between the Company's performance and stock value and executive compensation and salaries, and to further increase motivation to contribute to improved performance and enhanced 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.