Worth reading
86Important
Scored from 2 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
52
¥ millionWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of new shares by third-party allotment and issuance of the 9th Series Stock Acquisition Rights (this disclosure concerns a change in the use of funds raised through the issuance of new shares)
Amount of funds to be raised
Total funds raised: No change (specific amount: Not disclosed); amount subject to change: ¥52 million
Specific use of funds
Before change: Purchase funding for the Company's subsidiary 栄新商事 (ferrous and non-ferrous metals)Amount ¥52 million / Scheduled timing of expenditures September 2026 to December 2026
After change: Purchase funding for the Company's subsidiary 北山商事 (ferrous and non-ferrous metals)Amount ¥52 million / Scheduled timing of expenditures November–December 2026
Most recent equity financing
26 August 2026: Issuance of new shares by third-party allotment and issuance of the 9th Series Stock Acquisition Rights (amount raised: Not disclosed)
Impact on Business Performance
The impact of this change in the use of funds on the Company's consolidated results is immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares by third-party allotment and issuance of the 9th Series Stock Acquisition Rights (this disclosure concerns a change in the use of funds raised through the issuance of new shares) |
| Amount of funds to be raised | Total funds raised: No change (specific amount: Not disclosed); amount subject to change: ¥52 million |
| Specific use of funds | Details Before change: Purchase funding for the Company's subsidiary 栄新商事 (ferrous and non-ferrous metals) / Amount ¥52 million / Scheduled timing of expenditures September 2026 to December 2026, Details After change: Purchase funding for the Company's subsidiary 北山商事 (ferrous and non-ferrous metals) / Amount ¥52 million / Scheduled timing of expenditures November–December 2026 |
| Most recent equity financing | 26 August 2026: Issuance of new shares by third-party allotment and issuance of the 9th Series Stock Acquisition Rights (amount raised: Not disclosed) |
| Impact on Business Performance | The impact of this change in the use of funds on the Company's consolidated results is immaterial. |
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offering
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 transfer of 栄新商事 shares was decided, eliminating the need to allocate funds to that company. The funds will be redirected to purchase funding for 北山商事 to make effective use of the Group's management resources and ensure stable operation of its existing businesses.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.