Failure to Achieve Expected Investment Benefits from Funds Raised through the Public Offering
First written in FY2025. 1 of 2 entries say "Reframed", first in FY2026. Latest entry: FY2026.
Alpico Holdings moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「We postponed the renovation of Hotel Buena Vista and decided to allocate the funds to the renovation costs of Utsukushigahara Onsen Shoho.」
The use of ¥200 million of public offering proceeds for accommodation-facility renovation investment changed from Hotel Buena Vista to 美ヶ原温泉翔峰. - FY2025First statedAnnual report
「The Company plans to use the funds raised through the public offering conducted at the time of its initial public offering for expansion investments, including opening new stores in the distribution business and acquiring buses, as well as for renovation investments at accommodation facilities. However, due to rapid changes in the business environment and other factors, the expected investment benefits may not be achieved even if the funds are used as planned.」
The Company has newly disclosed its plan to use the public offering proceeds raised at the time of listing for opening new stores, acquiring buses and renovating accommodation facilities, together with the risk that the investment benefits may fall short of expectations.