Worth reading
47Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
42000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of the 11th Series of Stock Acquisition Rights as stock options
Who receives how much
100 shares per Stock Acquisition Right; 420 rights (expected), equivalent to a total of 42,000 shares
The Company's employees40 people / Equivalent to 42,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
Free of charge per Stock Acquisition Right; the exercise price per share has not been determined
Total issue value
No consideration
Terms of the stock acquisition rights
Exercise price
The higher of the average closing price for the month preceding the month containing the allotment date multiplied by 1.05, or the closing price on the business day preceding the allotment date. Adjustment provisions apply in cases including stock splits, reverse stock splits and issuances below market value. Floor: Not disclosed.
Exercise period
Start Date 1 May 2028 / End date 31 March 2036
Number of Stock Acquisition Rights
Total number issued 420 rights (expected) / Unexercised balance Not disclosed
Reason for acquisition without consideration
If a proposal concerning a merger, company split, share exchange, share transfer, conversion into a company with transfer restrictions or similar transaction is approved; if a proposal to approve financial statements reporting a net loss for the current fiscal year is approved; or if a holder of Stock Acquisition Rights becomes unable to exercise the rights before exercising them.
Categories and Number of Persons Covered
40 employees of the Company; 420 rights (expected)
Payment date
No monetary payment is required
Basis for determining the amount to be paid
The exercise price will be the higher of (i) the average closing price on each trading day in the month preceding the month containing the allotment date multiplied by 1.05, or (ii) the closing price on the business day preceding the allotment date. Fractions of less than ¥1 will be rounded up. The specific share price and amount have not been determined.
Procedures under the Corporate Code of Conduct
Pursuant to the authority delegated by the Company's general meeting of shareholders held on 29 January 2026, the issuance was resolved at a meeting of the Board of Directors held on 14 April 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of the 11th Series of Stock Acquisition Rights as stock options |
| Number of shares to be issued or disposed of | 100 shares per Stock Acquisition Right; 420 rights (expected), equivalent to a total of 42,000 shares |
| Issue price and disposal price | Free of charge per Stock Acquisition Right; the exercise price per share has not been determined |
| Total issue value | No consideration |
| Payment date | No monetary payment is required |
| Intended allottee | Category The Company's employees / Number of Employees 40 people / Number of Shares Equivalent to 42,000 shares / Number of stock acquisition rights 420 rights (expected) |
| Basis for determining the amount to be paid | The exercise price will be the higher of (i) the average closing price on each trading day in the month preceding the month containing the allotment date multiplied by 1.05, or (ii) the closing price on the business day preceding the allotment date. Fractions of less than ¥1 will be rounded up. The specific share price and amount have not been determined. |
| Exercise price | The higher of the average closing price for the month preceding the month containing the allotment date multiplied by 1.05, or the closing price on the business day preceding the allotment date. Adjustment provisions apply in cases including stock splits, reverse stock splits and issuances below market value. Floor: Not disclosed. |
| Exercise period | Start Date 1 May 2028 / End date 31 March 2036 |
| Number of Stock Acquisition Rights | Total number issued 420 rights (expected) / Unexercised balance Not disclosed |
| Reason for acquisition without consideration | If a proposal concerning a merger, company split, share exchange, share transfer, conversion into a company with transfer restrictions or similar transaction is approved; if a proposal to approve financial statements reporting a net loss for the current fiscal year is approved; or if a holder of Stock Acquisition Rights becomes unable to exercise the rights before exercising them. |
| Categories and Number of Persons Covered | 40 employees of the Company; 420 rights (expected) |
| Procedures under the Corporate Code of Conduct | Pursuant to the authority delegated by the Company's general meeting of shareholders held on 29 January 2026, the issuance was resolved at a meeting of the Board of Directors held on 14 April 2026. |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 RatioMost 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 further enhance employees' motivation and willingness to contribute to improving the Company's performance and corporate value.
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.