Systena Corporation
Notice Regarding the Issuance of Paid Stock Options (Subscription Warrants)
Systena Corporation plans to issue 212,940 paid stock options on April 10, 2026, anticipating a dilution equivalent to 5.00% of the total outstanding shares of 425,880,000 shares.
Key Figures
- Total Number of Subscription Warrants: 212,940 units
- Ratio to Total Outstanding Shares: 5.00%
- Issuance Price per Subscription Warrant: 300 yen
- Exercise Price (per share): 422 yen
- Allocation Date: 2026-04-10
AI要約
Purpose and Overview of Subscription Warrant Issuance
Systena Corporation, by resolution of the Board of Directors on March 26, 2026, decided to issue 212,940 paid stock options (subscription warrants). These will be allocated as 207,190 units to seven directors and 5,750 units to one employee, corresponding to 5.00% of the total outstanding shares of 425,880,000 shares. The purpose is to promote medium- to long-term business growth and increase corporate value, enhancing motivation and cohesion among directors and employees. The issuance price is set at 300 yen per unit, with an exercise price of 422 yen per share.
Exercise Conditions and Impact on Shareholders
The exercise period for the subscription warrants is from July 1, 2029, to April 9, 2046, contingent upon achieving certain performance targets such as operating income. Specifically, this includes exceeding operating income of 15 billion yen in the fiscal year ending March 2027, or exceeding 22 billion yen in any fiscal year between March 2029 and March 2036. The anticipated dilution is considered reasonable and recognized as beneficial to existing shareholders’ interests. Transfer restrictions and treatment during organizational restructuring are also clearly specified.
