Strengthening the Financial Base and Securing Investment Funds through a Third-Party Allotment Capital Increase and Preferred Shares
First written in FY2022-Q2. 2 of 6 entries say "Achieved", first in FY2022-Q3. Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2025Full redemption and cancellation of Class A preferred sharesAnnual report
「At a board meeting held on 7 February 2025, the Company resolved to acquire and cancel all Class A preferred shares pursuant to the acquisition provisions set out in its Articles of Incorporation. On 25 February 2025, it acquired all preferred shares as treasury shares, paying ¥540.808 per preferred share as consideration, and cancelled all of the preferred shares acquired by the Company on the same date pursuant to Article 178 of the Companies Act.」
All 2,400,000 outstanding Class A preferred shares issued in 2021 were acquired and cancelled on 25 February 2025. - FY2024-Q3AdvancedAnnual report
「During the third quarter, the company partially redeemed, acquired and cancelled the Class A preferred shares issued on 10 December 2021, with the aim of reducing the burden of paying preferred dividends.」
The company acquired 1,000,000 Class A preferred shares to reduce the burden of paying preferred dividends and cancelled them as of 15 December 2023. - FY2023-Q3AchievedAnnual report
「In connection with the capital and business alliance agreement with OPTiM CORPORATION described above, the company resolved to issue ¥300 million of common shares through a private placement, with 30 January 2023 as the payment date. At a Board of Directors meeting held on 21 December 2022, the company resolved to offer shares through a private placement, and payment was completed on 30 January 2023.」
Payment for the approximately ¥300 million private placement of common shares associated with the capital and business alliance with OPTiM CORPORATION was completed on 30 January 2023. The uses of proceeds are the development of DX services for restaurants and improvements to the “ぐるなびPROプラットフォーム.” - FY2022ReframedAnnual report
「However, amid continued uncertainty over the business environment due to concerns about a renewed spread of COVID-19 and the situation in Ukraine, the company concluded that it needed to narrow its focus businesses thoroughly and review the allocation of management resources in order to achieve a steady return to profitability and stabilize its finances. At a Board of Directors meeting held on 11 May 2022, it therefore resolved to change the uses of net proceeds and the planned spending schedule as follows.」
After conducting the private placement, the company changed the uses of net proceeds. It reduced the allocation for third-party delivery from ¥1,000 million to ¥300 million while increasing the allocation for mobile ordering from ¥500 million to ¥1,200 million, reallocating funds to prioritize a return to profitability and concentration on focus businesses. - FY2022-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 4 October 2021, the company conducted a private placement of preferred shares with 10 December 2021 as the payment date. The issuance of 3,400,000 preferred shares increased stated capital and capital reserve by ¥850 million, after which the company reduced stated capital and capital reserve by ¥850 million on the same date and transferred the full amount to other capital surplus.」
Regarding the previously planned ¥1.7 billion private placement of Class A preferred shares, the company issued 3,400,000 shares on 10 December and completed the capital raising. The private placement of common shares was completed on 4 October. - FY2022-Q2First statedAnnual report
「¥3.3 billion issuance of common shares through a private placement, paid in on 4 October 2021; ¥1.7 billion issuance of Class A preferred shares through a private placement, with the payment date scheduled for 10 December 2021」
To secure investment and working capital for earnings recovery and renewed growth, the company conducted a ¥3.3 billion private placement of common shares and resolved to conduct a ¥1.7 billion private placement of Class A preferred shares. The stated uses of proceeds from the common share issuance included strengthening third-party delivery, mobile ordering, food ingredient ordering and procurement support, and software testing.