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CORPORATE NEWS [latest news list] August 1, 2005
Notice of Additional Details Regarding Stock Options

The Company today announced that, with regard to the details of the issuance of stock options subject to Articles 280-20 and 280-21 of the Commercial Code as decided at the Board of Directors meeting held on June 29, 2005, the following matters have been additionally determined.

1. Date of issuance of stock options

The stock options were issued on July 29, 2005.

2. Amount to be paid upon exercise of the stock options

The amount to be paid upon the exercise of each stock option shall be ¥2,852.

3. Total value of shares to be issued through the exercise of stock options

The total value of the shares to be issued upon the exercise of the stock options shall be ¥436,356,000.

4. Amount to be capitalized per share

The amount to be incorporated into the Company's capital for each share to be issued through the exercise of a stock option shall be ¥1,426.

  • Date of the board meeting at which a resolution was passed to submit a proposal to the Ordinary General Shareholders' Meeting to grant stock options: May 12, 2005
  • Date of the Ordinary General Shareholders' Meeting at which the resolution to grant stock options was passed: June 29, 2005

  For more information, please contact
     Daikin Industries, Ltd.
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