1. |
Total number of share warrants to be issued |
 |
|
1,120 |
|
2. |
Persons to whom the share warrants will be allocated and the number of share warrants to be offered to them |
|
|
7 |
Directors of the Company |
570 share warrants |
18 |
Executive Officers of the Company |
550 share warrants |
|
|
3. |
Type and number of shares to be issued upon exercise of share warrants |
|
|
112,000 shares of common stock
(100 shares of common stock for each share warrant)
|
|
4. |
Share warrants' issue price |
|
|
38,000 yen per share warrant
(380 yen per share received through exercise of share warrants)
|
Notes: |
1. |
The above amount was calculated using the Black-Scholes model based on various conditions, including the closing price in regular trading of the Company's shares on the Tokyo Stock Exchange on the day before the allocation date and the share warrants' exercise price. |
2. |
The remuneration claims against the Company which the recipients of the share warrants hold shall be offset by the amount to be paid for issue price of share warrants. |
|
|
5. |
Amount to be paid upon exercise of the share warrants |
|
|
120,700 yen per share warrant
(1,207 yen per share received through exercise of share warrants)
|
|
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