Fundraising through bonds and bonds with stock acquisition rights
First written in FY2020-Q1. 5 of 11 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Continued repayment of long-term borrowingsAnnual report
「Funds used in financing activities amounted to ¥116 million (¥10,668 million used in the same period of the previous year). This was mainly due to payments of ¥115 million for the repayment of long-term borrowings (¥14,481 million used in the same period of the previous year).」
The Company repaid ¥115 million in long-term borrowings even after the large-scale repayment in the interim period of the previous year associated with the transfer of hotel assets. - FY2025-H1Significant repayment of long-term borrowingsAnnual report
「Funds used in financing activities amounted to ¥10,668 million (¥19 million used in the same period of the previous year). This was mainly due to payments of ¥14,481 million for the repayment of long-term borrowings (no such payments in the same period of the previous year).」
During the current interim consolidated period, the Company repaid ¥14,481 million in long-term borrowings, resulting in ¥10,668 million of funds used in financing activities. - FY2024-Q2Borrowings and bond redemption carried out in equal amountsAnnual report
「Proceeds from long-term borrowings 100,000 100,000 Payments for bond redemption △ 100,000 △ 100,000」
During the cumulative second quarter, the Company received ¥100 million from long-term borrowings and made payments of ¥100 million for bond redemption. - FY2023Increase in long-term borrowings and bond redemptionAnnual report
「Funds used in financing activities amounted to ¥42 million (¥5,072 million provided by financing activities in the previous consolidated fiscal year). This was due to payments of ¥42 million for the repayment of finance lease obligations (¥40 million in the previous period).」
There was no large-scale fundraising through a third-party allotment or other means as in the previous fiscal year. During the current fiscal year, ¥200 million in bonds was redeemed, while long-term borrowings increased by ¥200 million. - FY2022-Q2AdvancedAnnual report
「As announced in the 16 July 2021 release titled "Notice Regarding the Acquisition and Cancellation of All of the 6th Series of Stock Acquisition Rights Issued Through a Third-Party Allotment, Early Redemption of All of the 1st Series of Unsecured Convertible Bonds with Stock Acquisition Rights and Recognition of Extraordinary Losses, and Termination of the Business Alliance Agreement with Advantage Advisers Co., Ltd.," in connection with the execution of this capital and business alliance, the Company terminated its business alliance agreement with Advantage Advisers Co., Ltd., acquired and cancelled all of the 6th series of stock acquisition rights issued on 12 October 2020, and redeemed in full before maturity the 1st series of unsecured convertible bonds with stock acquisition rights issued on 30 August 2019. As a result, extraordinary losses of ¥270 million were incurred as a loss on cancellation of the Company's own stock acquisition rights and ¥23 million as amortisation of deferred assets.」
All previously issued stock acquisition rights were acquired and cancelled, and all convertible bonds with stock acquisition rights were redeemed before maturity, with related costs recorded as extraordinary losses. - FY2022-Q1ReframedAnnual report
「At a meeting held on 16 July 2021, the Company's Board of Directors resolved to redeem in full before maturity the 1st series of unsecured convertible bonds with stock acquisition rights issued on 30 August 2019 (the "Convertible Bonds with Stock Acquisition Rights").」
The financing plan involving the previously issued convertible bonds with stock acquisition rights changed to a plan to redeem the ¥2,000 million face value in full before maturity on 30 August 2021 using internal funds. - FY2021-Q3AdvancedAnnual report
「The share acquisition rights issued during the three-month period ended in the third quarter are as follows.」
The disclosed terms for the 6th series of stock acquisition rights issued on 12 October 2020 were 106,952 rights, 10,695,200 underlying shares, an initial exercise price of ¥187, an exercise period from 26 October 2020 to 26 October 2025, and a minimum exercise price of ¥159. - FY2021-Q2AdvancedAnnual report
「Funds provided by financing activities amounted to ¥2,004 million (¥1,494 million in the same period of the previous year). This was mainly because proceeds from long-term borrowings were ¥2,800 million (¥900 million in the same period of the previous year), while payments for the repayment of interest-bearing debt were ¥1,293 million (¥2,336 million in the same period of the previous year).」
Following the bond issuance, financing proceeds including ¥2,800 million in long-term borrowings were recorded, resulting in ¥2,004 million of funds provided by financing activities. - FY2020AdvancedAnnual report
「Funds provided by financing activities amounted to ¥1,607 million (a use of ¥843 million in the previous consolidated fiscal year). This was mainly because proceeds from the issuance of bonds were ¥2,980 million (no such proceeds in the previous period) and proceeds from long-term borrowings were ¥2,400 million (¥4,000 million in the previous period), while payments for the repayment of long-term borrowings were ¥3,508 million (¥3,689 million in the previous period).」
The Company raised ¥2,980 million through bond issuance and ¥2,400 million through long-term borrowings, resulting in ¥1,607 million of funds provided by financing activities. - FY2020-Q2AdvancedAnnual report
「This was mainly because proceeds from the issuance of bonds were ¥2,986 million and proceeds from long-term borrowings were ¥900 million (¥1,000 million in the previous period), while payments for the repayment of interest-bearing debt were ¥2,336 million (¥1,851 million in the previous period).」
Following the previous issuance plan, actual proceeds of ¥2,986 million from bond issuance and ¥900 million from long-term borrowings were recorded, indicating progress in fundraising. - FY2020-Q1First statedAnnual report
「At a meeting held on 25 July 2019, the Company's Board of Directors adopted a blanket resolution concerning the issuance of domestic unsecured straight bonds. Based on this resolution, the Company issued its 8th unsecured bond on 31 July 2019. 1. Total issue amount: ¥1,000,000,000 5. Maturity date: 31 July 2024 7. Use of funds: working capital At a meeting held on 9 August 2019, the Company's Board of Directors adopted a resolution concerning the offering of unsecured convertible bonds with stock acquisition rights. 1. Total offering amount: ¥1,999,984,000 5. Maturity date: 30 August 2024 7. Matters concerning the stock acquisition rights c. Number of potential shares from the issuance: 5,780,300 shares f. Conversion price: ¥346 per share 11. Use of funds: hotel development funds」
As a subsequent event, resolutions were adopted for the issuance of ¥1 billion in unsecured bonds to fund working capital and the offering of ¥1,999,984,000 in unsecured convertible bonds with stock acquisition rights to fund hotel development. The terms, including the maturity dates, number of potential shares, and conversion price, were also disclosed.