Worth reading
52Recurring
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
15445
unitsWording
Definitive
How definitive the wording is.Details of issuance or disposal
Exercise authorization for warrants with an exercise price adjustment clause
Who receives how much
15,445 of these warrants, 100 shares per warrant (maximum of 1,544,500 shares)
SMBC Nikko Securities Inc., 15,445 warrants
The lower thin line represents the existing number of shares to which these shares will be added.
Terms of the stock acquisition rights
Exercise price
Adjusted to an amount equivalent to 90.5% of the volume-weighted average price for regular trading on the Tokyo Stock Exchange for the full trading day immediately preceding the effective date of each exercise request. The minimum exercise price is ¥588.
Exercise period
From 16 November 2026 to 9 November 2027 (inclusive, a period of 240 trading days)
Number of Stock Acquisition Rights
15,445 warrants authorized for exercise. The total number issued and the unexercised balance are Not disclosed.
Offering structure
Underwriter / lead underwriter
SMBC Nikko Securities Inc.
Most recent equity financing
Series 8 warrants issued on 16 September 2026 (with an exercise price adjustment clause). The amount is Not disclosed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Exercise authorization for warrants with an exercise price adjustment clause |
| Number of shares to be issued or disposed of | 15,445 of these warrants, 100 shares per warrant (maximum of 1,544,500 shares) |
| Intended allottee | SMBC Nikko Securities Inc., 15,445 warrants |
| Exercise price | Adjusted to an amount equivalent to 90.5% of the volume-weighted average price for regular trading on the Tokyo Stock Exchange for the full trading day immediately preceding the effective date of each exercise request. The minimum exercise price is ¥588. |
| Exercise period | From 16 November 2026 to 9 November 2027 (inclusive, a period of 240 trading days) |
| Number of Stock Acquisition Rights | 15,445 warrants authorized for exercise. The total number issued and the unexercised balance are Not disclosed. |
| Underwriter / lead underwriter | SMBC Nikko Securities Inc. |
| Most recent equity financing | Series 8 warrants issued on 16 September 2026 (with an exercise price adjustment clause). The amount is 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 dateIntended allottee's holding policyDilution 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 CompensationOverallotmentStock 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 enable SMBC Nikko Securities to exercise these warrants, pursuant to the exercise authorization provisions of the facility agreement entered into on 31 August 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.