Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
500000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Large-scale exercise of the 16th Stock Acquisition Rights issued through a third-party allotment (with an exercise price adjustment clause)
発行・処分する株式数
500,000 new shares (27 April 2026)
Intended allottee
Macquarie Bank Limited (exercise of previously issued Stock Acquisition Rights)
Existing Shares and Increase
+0.17%Rate of increase
294,621,340 shares295,121,340Shares
500,000 shares delivered since the beginning of the month / 294,621,340 issued shares as of the end of the preceding month (approximately 0.17%)
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
¥23.0 on 27 April 2026. The terms provide for adjustment to an amount equivalent to 92% of the closing price on the preceding trading day; the floor is Not disclosed.
Number of Stock Acquisition Rights
Total issued: 50,000; exercised since the beginning of the month: 5,000; currently unexercised: 45,000
Basis for determining the amount to be paid
An amount equivalent to 92% of the closing price on the trading day preceding the date on which the Company receives notice of each exercise request, or, if no adjustment is made on that date, the closing price immediately preceding that date. The exercise price on 27 April 2026 was ¥23.0. The discount rate was 8%.
Most recent equity financing
Timing Issued on 9 April 2025 / Type 16th Series of Stock Acquisition Rights and other instruments issued through a third-party allotment, with exercise price adjustment clause / Amount Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Large-scale exercise of the 16th Stock Acquisition Rights issued through a third-party allotment (with an exercise price adjustment clause) |
| Number of shares to be issued or disposed of | 500,000 new shares (27 April 2026) |
| Intended allottee | Macquarie Bank Limited (exercise of previously issued Stock Acquisition Rights) |
| Dilution Rate | 500,000 shares delivered since the beginning of the month / 294,621,340 issued shares as of the end of the preceding month (approximately 0.17%) |
| Total number of issued shares | 294,621,340 shares → 295,121,340 shares（Approximately 0.17%） |
| Basis for determining the amount to be paid | An amount equivalent to 92% of the closing price on the trading day preceding the date on which the Company receives notice of each exercise request, or, if no adjustment is made on that date, the closing price immediately preceding that date. The exercise price on 27 April 2026 was ¥23.0. The discount rate was 8%. |
| Exercise price | ¥23.0 on 27 April 2026. The terms provide for adjustment to an amount equivalent to 92% of the closing price on the preceding trading day; the floor is Not disclosed. |
| Number of Stock Acquisition Rights | Total issued: 50,000; exercised since the beginning of the month: 5,000; currently unexercised: 45,000 |
| Most recent equity financing | Timing Issued on 9 April 2025 / Type 16th Series of Stock Acquisition Rights and other instruments issued through a third-party allotment, with exercise price adjustment clause / Amount Not disclosed |
Items this document does not state (19)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock 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.This disclosure announces the bulk exercise of these stock acquisition rights on 27 April 2026. No specific reason for the exercise is stated.
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.