Details of issuance or disposal
Determination of the issue price of stock compensation-type stock options (stock acquisition rights) for directors
30,100 common shares (301 stock acquisition rights)
The lower thin line represents the existing number of shares to which these shares will be added.
¥6,772,500 (¥22,500 × 301 rights)
| Item | Details |
|---|---|
| Type of issuance or disposal | Determination of the issue price of stock compensation-type stock options (stock acquisition rights) for directors |
| Number of shares to be issued or disposed of | 30,100 common shares (301 stock acquisition rights) |
| Issue price and disposal price | ¥22,500 per right |
| Total issue value | ¥6,772,500 (¥22,500 × 301 rights) |
| Amount of funds to be raised | No monetary payment is required. Estimated net proceeds: not applicable |
| Intended allottee | 4 directors of the Company, 301 rights (breakdown by recipient: Not disclosed) |
| Basis for determining the amount to be paid | Director compensation equivalent to the accounting fair value on the allotment date |
| Exercise price | ¥1 per share. Whether there are adjustment provisions and the adjustment floor: Not disclosed |
| Exercise period | 22 July 2026 to 21 July 2041 |
| Number of Stock Acquisition Rights | Total number issued: 301 rights; balance unexercised: Not disclosed |
| Categories and Number of Persons Covered | 4 directors of the Company, 301 rights |
Items this document does not state (17)
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.The rights will be issued as director compensation equivalent to their accounting fair value on the allotment date, so no cash payment is required in exchange for the stock acquisition rights.