Details of issuance or disposal
Issue of publicly offered hybrid bonds (subordinated bonds)
Series 1: ¥130.0 billion; Series 2: ¥63.5 billion; Series 3: ¥50.0 billion; total: ¥243.5 billion
No increase
No dilution of shares will occur
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issue of publicly offered hybrid bonds (subordinated bonds) |
| Issue price and disposal price | ¥100 per ¥100 face value of each bond |
| Total issue value | Series 1: ¥130.0 billion; Series 2: ¥63.5 billion; Series 3: ¥50.0 billion; total: ¥243.5 billion |
| Amount of funds to be raised | Total amount paid in: ¥243.5 billion; estimated net proceeds: not disclosed |
| Specific use of funds | Details Part of the funds for repaying short-term borrowings raised in connection with the acquisition of Tri Pointe Homes, Inc. as a wholly owned subsidiary / Amount Entire amount (¥243.5 billion) / Scheduled timing of expenditures By the end of September 2026 |
| Payment date | 10 September 2026 |
| Intended allottee | No specific prospective allottee, as this is a public offering |
| Dilution Rate | No dilution of shares will occur |
| Total number of issued shares | No increase |
| Underwriter / lead underwriter | Daiwa Securities Co., Ltd., SMBC Nikko Securities Inc., Nomura Securities Co., Ltd., and Mizuho Securities Co., Ltd. |
Items this document does not state (18)
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.The issue terms for the publicly offered hybrid bonds announced on 7 August 2026 were determined today. The proceeds are予定 to be used to repay part of the short-term borrowings raised in connection with the acquisition of Tri Pointe Homes, Inc. as a wholly owned subsidiary.