Worth reading
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Scored from 0 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
852000
Shares (number of potential shares subject to cancellation)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Acquisition without consideration and cancellation of the 5th Stock Acquisition Rights
Amount of funds to be raised
No funds will be raised through exercise
Terms of the stock acquisition rights
Number of Stock Acquisition Rights
Total issued: 2,840 rights; exercised: 0; subject to acquisition and cancellation: 2,840 rights; remaining after cancellation: 0
Reason for acquisition without consideration
If the Company's consolidated net sales for the fiscal year ending September 2026 are less than ¥2.2 billion
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
If consolidated net sales for the fiscal year ending September 2026 do not reach ¥2.2 billion or more, all remaining Stock Acquisition Rights will be acquired without consideration
Most recent equity financing
28 November 2025: Issuance of the 5th Stock Acquisition Rights (total issued: 2,840 rights; 300 common shares per right)
Impact on Business Performance
We believe the impact of this matter on performance for the fiscal year ending September 2027 will be minor.
| Item | Details |
|---|---|
| Type of issuance or disposal | Acquisition without consideration and cancellation of the 5th Stock Acquisition Rights |
| Amount of funds to be raised | No funds will be raised through exercise |
| Number of Stock Acquisition Rights | Total issued: 2,840 rights; exercised: 0; subject to acquisition and cancellation: 2,840 rights; remaining after cancellation: 0 |
| Conditions for lifting transfer restrictions | If consolidated net sales for the fiscal year ending September 2026 do not reach ¥2.2 billion or more, all remaining Stock Acquisition Rights will be acquired without consideration |
| Reason for acquisition without consideration | If the Company's consolidated net sales for the fiscal year ending September 2026 are less than ¥2.2 billion |
| Most recent equity financing | 28 November 2025: Issuance of the 5th Stock Acquisition Rights (total issued: 2,840 rights; 300 common shares per right) |
| Impact on Business Performance | We believe the impact of this matter on performance for the fiscal year ending September 2027 will be minor. |
Items this document does not state (21)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodTransfer restriction periodCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offering
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.Because consolidated net sales for the fiscal year ending September 2026 did not reach the performance condition of ¥2.2 billion or more, the remaining Stock Acquisition Rights will be acquired without consideration and cancelled pursuant to the acquisition clause in the issuance terms.
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.