Worth reading
65In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
2000000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Monthly exercise status of the 16th Stock Acquisition Rights issued through a third-party allotment (with an exercise price adjustment clause)
Who receives how much
Number of shares delivered during the month: 2,000,000 shares (2,000,000 new shares and 0 treasury shares transferred)
Macquarie Bank Limited (at the time of issuance on 9 April 2025)
The lower thin line represents the existing number of shares to which these shares will be added.
Existing Shares and Increase
+0.80%Rate of increase
297,121,340 shares299,121,340Shares
0.8% (exercise ratio relating to the exercise restriction: 2,000,000 shares delivered during the month / 239,821,340 listed shares at the time of payment for the issuance)
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 exercise price during the month was ¥16.0 or ¥17.0. The terms provide for adjustment to an amount equivalent to 92% of the closing price on the preceding trading day. The adjustment floor is Not disclosed.
Number of Stock Acquisition Rights
Total issued: 50,000; exercised during the month: 20,000; unexercised at month-end: 5,000
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 there is no adjustment on that day, the immediately preceding closing price. Fractions of less than ¥1 are rounded down.
Procedures under the Corporate Code of Conduct
The disclosure describes compliance with the exercise restriction under Article 434 of the Listing Regulations. The exercise ratio relating to the exercise restriction was 0.8%.
Most recent equity financing
Announced on 24 March 2025: issuance by way of third-party allotment of the 15th and 16th Stock Acquisition Rights with exercise price adjustment clauses, and unsecured bonds (privately placed bonds)
| Item | Details |
|---|---|
| Type of issuance or disposal | Monthly exercise status 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 | Number of shares delivered during the month: 2,000,000 shares (2,000,000 new shares and 0 treasury shares transferred) |
| Intended allottee | Macquarie Bank Limited (at the time of issuance on 9 April 2025) |
| Dilution Rate | 0.8% (exercise ratio relating to the exercise restriction: 2,000,000 shares delivered during the month / 239,821,340 listed shares at the time of payment for the issuance) |
| Total number of issued shares | 297,121,340 shares (as of the end of the month preceding the month covered) → 299,121,340 shares (calculated figure reflecting the new shares delivered by month-end) |
| 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 there is no adjustment on that day, the immediately preceding closing price. Fractions of less than ¥1 are rounded down. |
| Exercise price | The exercise price during the month was ¥16.0 or ¥17.0. The terms provide for adjustment to an amount equivalent to 92% of the closing price on the preceding trading day. The adjustment floor is Not disclosed. |
| Number of Stock Acquisition Rights | Total issued: 50,000; exercised during the month: 20,000; unexercised at month-end: 5,000 |
| Procedures under the Corporate Code of Conduct | The disclosure describes compliance with the exercise restriction under Article 434 of the Listing Regulations. The exercise ratio relating to the exercise restriction was 0.8%. |
| Most recent equity financing | Announced on 24 March 2025: issuance by way of third-party allotment of the 15th and 16th Stock Acquisition Rights with exercise price adjustment clauses, and unsecured bonds (privately placed bonds) |
Items this document does not state (18)
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 RatioMajor 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 report the monthly exercise status of the 16th Stock Acquisition Rights in October 2026.
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.