Source disclosure: February 17, 2026
DISCO CORPORATION [6146.T]
TOKYO, Feb 17 (Pulse News Wire) – DISCO Corporation (6146.T) announced today that its board of directors, held, approved amendments to the issuance conditions of stock options granted to executive officers. The changes aim to clarify rights adjustments related to share splits or consolidations while minimizing fractional shares and ensuring operational efficiency.
Key modifications include adjusting the number of target shares based solely on the ratio of pre-adjustment to post-adjustment share counts during splits or consolidations, rather than altering exercise prices. Fractional shares resulting from such adjustments will be rounded down. The revised policy applies to unexercised stock options effective February 17, 2026, without impacting previously executed rights.
Under the amended terms, the number of target shares per option for Series A options—previously set at 299 shares for both the 17th and 19th series—will now be standardized at 300 shares. This adjustment ensures consistency and simplifies future operations. DISCO Corporation's representative director, Kazuya Ima, stated that these changes will streamline administrative processes and enhance clarity for shareholders.
The amendments take effect immediately upon approval, affecting only unexercised options.
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