Improving the financial position and repaying borrowings through a private placement of stock acquisition rights
First written in FY2021-Q1. 13 of 15 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Although the Company incurred ¥1,023 million in repayments of long-term borrowings, it received ¥327 million from new long-term borrowings and ¥100 million from the issuance of shares upon the exercise of stock acquisition rights.」
The Company repaid approximately ¥1,024 million of long-term borrowings and raised approximately ¥100 million through the exercise of stock acquisition rights. Efforts to reduce borrowings and raise capital to improve the financial position are continuing. - FY2024AdvancedAnnual report
「The ¥1,894 million raised through the private placement and the ¥3,300 million raised through the syndicated loan, implemented to maintain the listing and normalize financial transactions, were applied to repaying borrowings for which repayment had been deferred, thereby normalizing financial transactions.」
The ¥1,894 million raised through the private placement and the ¥3,300 million syndicated loan were applied to borrowings subject to repayment deferrals, normalizing financial transactions and reducing borrowings by ¥4,589 million. - FY2024-Q3AdvancedAnnual report
「The ¥1,894 million raised through the private placement and the ¥3,300 million raised through the syndicated loan, implemented to maintain the listing and normalize financial transactions, were applied to repaying borrowings for which repayment had been deferred, thereby normalizing financial transactions.」
The ¥1,894 million raised through the private placement and the ¥3,300 million syndicated loan were applied to repaying borrowings subject to repayment deferrals, reducing borrowings by ¥4,451 million. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 May 2023, the Company resolved to issue new shares through a private placement. Following approval by special resolution at the annual general meeting of shareholders held on 28 June 2023, all payments were completed by the deadline. / At the Board meeting held on 26 May 2023, the Company also resolved to acquire all remaining Series 26 stock acquisition rights with an exercise price adjustment clause issued on 11 April 2022 and cancel them immediately after acquisition. The acquisition and cancellation were completed on 12 June 2023.」
The Company acquired and cancelled the Series 26 stock acquisition rights on 12 June 2023 and switched its fundraising method to a private placement. The private placement, paid in on 31 July 2023, issued 8,060,000 shares and raised ¥1,894,100,000. - FY2023ReframedAnnual report
「The primary purposes of this private placement are to normalize transactions with financial institutions as soon as possible, strengthen the financial position and improve business performance.」
After raising ¥432 million through the Series 26 stock acquisition rights during the fiscal year, the Company acquired and cancelled the remaining rights and switched its fundraising method to a private placement of 8,060,000 shares for ¥1,894 million, scheduled to be paid in July 2023. The proceeds are planned to be applied to repaying ¥1,529,893,840 of borrowings and renovating the Wako store for ¥353,722,160. - FY2023-Q3AdvancedAnnual report
「As part of its capital policy, the Company will issue facility-type stock acquisition rights and raise funds. It has been raising funds through facility-type stock acquisition rights, in the form of an equity offering, since April 2022 and expects to raise approximately ¥1.4 billion over the roughly 3-year period through the end of April 2025. As a result, it raised ¥292 million during the 9 months from April through December 2022. It also repaid and reduced interest-bearing debt by ¥1,255 million from June through September 2022. In addition, proceeds from the sale of investment securities in August 2022 will be applied toward repaying and reducing debt by ¥905 million from December 2022 through March 2023.」
Fundraising through facility-type stock acquisition rights reached ¥292 million from April through December 2022, and the Company continues to expect to raise approximately ¥1.4 billion by the end of April 2025. In addition to the ¥1,255 million already repaid, it has presented a plan to repay ¥905 million from December 2022 through March 2023. - FY2023-Q2AdvancedAnnual report
「As part of its capital policy, the Company will issue facility-type stock acquisition rights and raise funds. It has been raising funds through facility-type stock acquisition rights, in the form of an equity offering, since April 2022 and expects to raise approximately ¥1.4 billion over the roughly 3-year period through the end of April 2025. As a result, it raised ¥158 million during the 6 months from April to September 2022. It also repaid and reduced interest-bearing debt by ¥1,255 million from June through September 2022.」
The Company raised ¥158 million through facility-type stock acquisition rights from April through September 2022 and continues to plan to raise approximately ¥1.4 billion by the end of April 2025. It repaid ¥1,255 million of interest-bearing debt from June through September 2022. - FY2023-Q1AdvancedAnnual report
「Number of stock acquisition rights with an exercise price adjustment clause, etc., exercised during the quarter (units) 1,695 Number of shares delivered upon exercise during the quarter (shares) 169,500 Funds raised through exercises during the quarter (¥ thousand) 43,867」
During the first quarter, 1,695 of the Series 26 stock acquisition rights were exercised, 169,500 shares were delivered and ¥43,867 thousand was raised. Measures to improve the financial position through the planned fundraising of approximately ¥1.4 billion by the end of April 2025 and the repayment of borrowings have moved into the implementation phase. - FY2022AdvancedAnnual report
「As part of its capital policy, the Company will raise funds through facility-type stock acquisition rights. It has been raising funds through facility-type stock acquisition rights, in the form of an equity offering, since April 2022 and expects to raise approximately ¥1.4 billion over the roughly 3-year period through the end of April 2025. It will repay and reduce interest-bearing debt by ¥1,255 million from June through September 2022.」
In addition to the ¥590 million raised through the exercise of Series 24 stock acquisition rights during the fiscal year, the Company has presented an expected fundraising amount of approximately ¥1.4 billion through the end of April 2025 using Series 26 stock acquisition rights, together with a plan to repay ¥1,255 million in borrowings. - FY2022-Q3AdvancedAnnual report
「Number of stock acquisition rights with an exercise price adjustment clause, etc., exercised during the quarter (units) 6,093 Number of shares delivered upon exercise during the quarter (shares) 609,300 Funds raised through exercises during the quarter (¥ thousand) 160,544 Cumulative number of stock acquisition rights with an exercise price adjustment clause, etc., exercised as of the end of the quarter (units) 39,762 Cumulative number of shares delivered upon exercise of stock acquisition rights with an exercise price adjustment clause, etc., as of the end of the quarter (shares) 3,976,200 Cumulative funds raised through exercises of stock acquisition rights with an exercise price adjustment clause, etc., as of the end of the quarter (¥ thousand) 1,127,115」
During the third quarter, 6,093 of the Series 24 stock acquisition rights were exercised, 609,300 shares were delivered and ¥160,544 thousand was raised. Cumulatively, the figures were 39,762 rights, 3,976,200 shares and ¥1,127,115 thousand, indicating progress in the capital policy to improve the financial position. - FY2022-Q2AdvancedAnnual report
「Number of stock acquisition rights with an exercise price adjustment clause, etc., exercised during the quarter (units) 4,878 Number of shares delivered upon exercise during the quarter (shares) 487,800 Funds raised through exercises during the quarter (¥ thousand) 133,871 Cumulative number of stock acquisition rights with an exercise price adjustment clause, etc., exercised as of the end of the quarter (units) 33,669 Cumulative number of shares delivered upon exercise of stock acquisition rights with an exercise price adjustment clause, etc., as of the end of the quarter (shares) 3,366,900 Cumulative funds raised through exercises of stock acquisition rights with an exercise price adjustment clause, etc., as of the end of the quarter (¥ thousand) 966,571」
During the quarter, 4,878 of the Series 24 stock acquisition rights were exercised, 487,800 shares were delivered and ¥133,871 thousand was raised. Cumulatively, the figures were 33,669 rights, 3,366,900 shares and ¥966,571 thousand. - FY2022-Q1AdvancedAnnual report
「During the first quarter, stock acquisition rights with an exercise price adjustment clause were exercised as follows. First-quarter accounting period (1 April 2021 to 30 June 2021): number of stock acquisition rights with an exercise price adjustment clause, etc., exercised during the quarter (units), 10,344; number of shares delivered upon exercise during the quarter (shares), 1,034,400; funds raised through exercises during the quarter (¥ thousand), 289,769.」
During the first quarter, 10,344 of the Series 24 stock acquisition rights were exercised, 1,034,400 shares were delivered and ¥289,769 thousand was raised. Cumulatively, the figures were 28,791 rights, 2,879,100 shares and ¥832,700 thousand. - FY2021-Q3AdvancedAnnual report
「Number of stock acquisition rights with an exercise price adjustment clause, etc., exercised during the quarter (units) 6,845 Number of shares delivered upon exercise during the quarter (shares) 684,500 Funds raised through exercises during the quarter (¥ thousand) 191,826 Cumulative number of stock acquisition rights with an exercise price adjustment clause, etc., exercised as of the end of the quarter (units) 9,924 Cumulative funds raised through exercises of stock acquisition rights with an exercise price adjustment clause, etc., as of the end of the quarter (¥ thousand) 289,551」
During the third quarter, 6,845 of the Series 24 stock acquisition rights were exercised, 684,500 shares were delivered and ¥191,826 thousand was raised. Cumulatively, the figures were 9,924 rights, 992,400 shares and ¥289,551 thousand, indicating progress in the capital policy. - FY2021-Q2AdvancedAnnual report
「Number of stock acquisition rights with an exercise price adjustment clause, etc., exercised during the quarter (units) 3,079 Number of shares delivered upon exercise during the quarter (shares) 307,900 Funds raised through exercises during the quarter (¥ thousand) 97,724」
During the second quarter, 3,079 of the Series 24 stock acquisition rights issued through a private placement in July 2020 were exercised, 307,900 shares were delivered and ¥97,724 thousand was raised. - FY2021-Q1First statedAnnual report
「In July, to improve its financial position, the Company issued stock acquisition rights through a private placement, with an exercise price adjustment clause, and entered into a facility agreement with an exercise suspension designation clause, as part of its capital policy initiatives.」
To improve its financial position, the Company issued 40,000 stock acquisition rights and 4,000,000 potential shares on 27 July 2020, and began a capital policy under which the estimated net proceeds of ¥1,494.2 million would be applied to repaying borrowings to strengthen its financial base. The exercise period was from 28 July 2020 to 31 July 2023.