Worth reading
63In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1000000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Exercise of the 16th Stock Acquisition Rights issued through a third-party allotment (with Exercise Price Adjustment Clause)
Who receives how much
1,000,000 new shares; 0 treasury shares transferred
Macquarie Bank Limited (allottee of the 16th Stock Acquisition Rights)
The lower thin line represents the existing number of shares to which these shares will be added.
Existing Shares and Increase
+0.34%Rate of increase
296,121,340 shares297,121,340Shares
Approximately 0.34% (1,000,000 new shares delivered since the beginning of the month / 296,121,340 issued shares as of the end of the previous month)
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
Exercise price of ¥17.0 on 17 June 2026. The exercise price is subject to adjustment to 92% of the closing price on the preceding trading day. The adjustment floor is not disclosed.
Number of Stock Acquisition Rights
Total number issued: 50,000; exercised since the beginning of the month: 10,000; unexercised as of the end of the previous month: 35,000; currently unexercised: 25,000
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, with amounts below ¥1 rounded down
Most recent equity financing
Issued on 9 April 2025: 16th and 15th Stock Acquisition Rights through a third-party allotment, and unsecured bonds (private placement bonds)
| Item | Details |
|---|---|
| Type of issuance or disposal | Exercise of the 16th Stock Acquisition Rights issued through a third-party allotment (with Exercise Price Adjustment Clause) |
| Number of shares to be issued or disposed of | 1,000,000 new shares; 0 treasury shares transferred |
| Intended allottee | Macquarie Bank Limited (allottee of the 16th Stock Acquisition Rights) |
| Dilution Rate | Approximately 0.34% (1,000,000 new shares delivered since the beginning of the month / 296,121,340 issued shares as of the end of the previous month) |
| Total number of issued shares | 296,121,340 shares → 297,121,340 shares（Approximately 0.34%） |
| 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, with amounts below ¥1 rounded down |
| Exercise price | Exercise price of ¥17.0 on 17 June 2026. The exercise price is subject to adjustment to 92% of the closing price on the preceding trading day. The adjustment floor is not disclosed. |
| Number of Stock Acquisition Rights | Total number issued: 50,000; exercised since the beginning of the month: 10,000; unexercised as of the end of the previous month: 35,000; currently unexercised: 25,000 |
| Most recent equity financing | Issued on 9 April 2025: 16th and 15th Stock Acquisition Rights through a third-party allotment, and unsecured bonds (private placement bonds) |
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 was made because a large-scale exercise occurred. No specific reason for the large-scale 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.