Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1.61
％Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of paid stock options (Series 6 stock acquisition rights)
Who receives how much
1,830 stock acquisition rights, with 100 ordinary shares per right (183,000 potential shares)
1 director of the company150
40 employees of the Company1,680 rights
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥300 per stock acquisition right
Total issue value
¥549,000 (1,830 rights × ¥300)
Amount of funds to be raised
Total payment amount: ¥549,000; estimated net proceeds: Not disclosed
発行済株式総数
If all of these stock acquisition rights are exercised, the number of shares outstanding, excluding treasury shares, will increase by an amount equivalent to 1.61%.
1.61% (if all of these stock acquisition rights are exercised)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Terms of the stock acquisition rights
Exercise price
The initial exercise price is ¥1,085 per share. Adjustment provisions apply in connection with share splits, share consolidations, and the issuance of new shares at prices below the market price, among other events. The lower limit of the adjustment is Not disclosed.
Exercise period
From 1 December 2029 to 30 November 2040 (if the final day is not a bank business day, the preceding bank business day)
Number of Stock Acquisition Rights
Total issued: 1,830 rights; number of unexercised rights: Not disclosed
Reason for acquisition without consideration
If shareholder approval or other approval is obtained for a merger or similar transaction in which the company becomes the disappearing company, all of these rights may be acquired for no consideration upon the arrival of a date separately determined by the company's Board of Directors. If the rights become unexercisable before exercise due to the exercise conditions, the company may acquire those stock acquisition rights for no 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.
Transfer restriction period
No period is specified: Not disclosed. Acquisition through transfer requires the approval of the company's Board of Directors.
Categories and Number of Persons Covered
1 company director: 150 rights; 40 company employees: 1,680 rights (the number of people and rights is capped)
Payment date
12 November 2026
Basis for determining the amount to be paid
The price was set at ¥300 per stock acquisition right, based on the results calculated using a Monte Carlo simulation by the third-party valuation institution 株式会社プルータス・コンサルティング, taking into account the company's share price information and other factors. The periods for the closing price and average share price used as benchmarks, and the discount or premium rate, are Not disclosed.
Procedures under the Corporate Code of Conduct
The rights will be issued for consideration at fair value and on terms that are not particularly favorable, so the issuance will be conducted without shareholder approval
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of paid stock options (Series 6 stock acquisition rights) |
| Number of shares to be issued or disposed of | 1,830 stock acquisition rights, with 100 ordinary shares per right (183,000 potential shares) |
| Issue price and disposal price | ¥300 per stock acquisition right |
| Total issue value | ¥549,000 (1,830 rights × ¥300) |
| Amount of funds to be raised | Total payment amount: ¥549,000; estimated net proceeds: Not disclosed |
| Payment date | 12 November 2026 |
| Intended allottee | Category 1 director of the company / Number of units 150, Category 40 employees of the Company / Number of units 1,680 rights |
| Dilution Rate | 1.61% (if all of these stock acquisition rights are exercised) |
| Total number of issued shares | If all of these stock acquisition rights are exercised, the number of shares outstanding, excluding treasury shares, will increase by an amount equivalent to 1.61%. |
| Basis for determining the amount to be paid | The price was set at ¥300 per stock acquisition right, based on the results calculated using a Monte Carlo simulation by the third-party valuation institution 株式会社プルータス・コンサルティング, taking into account the company's share price information and other factors. The periods for the closing price and average share price used as benchmarks, and the discount or premium rate, are Not disclosed. |
| Exercise price | The initial exercise price is ¥1,085 per share. Adjustment provisions apply in connection with share splits, share consolidations, and the issuance of new shares at prices below the market price, among other events. The lower limit of the adjustment is Not disclosed. |
| Exercise period | From 1 December 2029 to 30 November 2040 (if the final day is not a bank business day, the preceding bank business day) |
| Number of Stock Acquisition Rights | Total issued: 1,830 rights; number of unexercised rights: Not disclosed |
| Transfer restriction period | No period is specified: Not disclosed. Acquisition through transfer requires the approval of the company's Board of Directors. |
| Reason for acquisition without consideration | If shareholder approval or other approval is obtained for a merger or similar transaction in which the company becomes the disappearing company, all of these rights may be acquired for no consideration upon the arrival of a date separately determined by the company's Board of Directors. If the rights become unexercisable before exercise due to the exercise conditions, the company may acquire those stock acquisition rights for no consideration. |
| Categories and Number of Persons Covered | 1 company director: 150 rights; 40 company employees: 1,680 rights (the number of people and rights is capped) |
| Procedures under the Corporate Code of Conduct | The rights will be issued for consideration at fair value and on terms that are not particularly favorable, so the issuance will be conducted without shareholder approval |
Items this document does not state (11)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyConditions 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 raise the motivation and morale of directors and employees and strengthen their unity toward medium- to long-term earnings growth and an increase in corporate value. By making the achievement of performance targets an exercise condition, the company aims to enhance corporate and shareholder value and contribute to the interests of existing shareholders.
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.