Worth reading
67In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
50000
Units (stock acquisition rights)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Partial offering for sale of the 7th Stock Acquisition Rights
Intended allottee
Name 株式会社ホライズンインベストメント / Number of units 50,000 rights
Specific use of funds
Funds for M&A and capital and business alliancesAmount ¥1,450 million / Scheduled timing of expenditures August 2025 to July 2028
Working capital for the Company's subsidiary, GoldStar Co., Ltd.Amount ¥1,700 million / Scheduled timing of expenditures August 2025 to July 2028
Working capital (361° business)Amount ¥950 million / Scheduled timing of expenditures August 2025 to July 2028
Working capital (sustainable business)Amount ¥3,088 million / Scheduled timing of expenditures August 2025 to July 2028
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥95 per share. Adjustment provision and adjustment floor: Not disclosed
Number of Stock Acquisition Rights
Total issued: 741,049 stock acquisition rights; 50,000 of the 158,738 stock acquisition rights currently held by ネットプライス will be offered for sale. Number of unexercised rights remaining: Not disclosed
Intended allottee's holding policy
The transferee intends to hold the Company's shares delivered upon exercise of these stock acquisition rights over the medium to long term.
Procedures under the Corporate Code of Conduct
Approved by the Board of Directors on 16 March 2026
Most recent equity financing
29 August 2025: Issuance of new shares and the 7th Stock Acquisition Rights through a private placement. 741,049 of the 7th Stock Acquisition Rights were issued, with total issue proceeds of ¥195,636,936.
Impact on Business Performance
The company is currently reviewing the impact of this matter on its consolidated results. It will promptly announce any matters requiring disclosure.
| Item | Details |
|---|---|
| Type of issuance or disposal | Partial offering for sale of the 7th Stock Acquisition Rights |
| Issue price and disposal price | ¥264 per stock acquisition right |
| Specific use of funds | Details Funds for M&A and capital and business alliances / Amount ¥1,450 million / Scheduled timing of expenditures August 2025 to July 2028, Details Working capital for the Company's subsidiary, GoldStar Co., Ltd. / Amount ¥1,700 million / Scheduled timing of expenditures August 2025 to July 2028, Details Working capital (361° business) / Amount ¥950 million / Scheduled timing of expenditures August 2025 to July 2028, Details Working capital (sustainable business) / Amount ¥3,088 million / Scheduled timing of expenditures August 2025 to July 2028 |
| Intended allottee | Name 株式会社ホライズンインベストメント / Number of units 50,000 rights |
| Intended allottee's holding policy | The transferee intends to hold the Company's shares delivered upon exercise of these stock acquisition rights over the medium to long term. |
| Total number of issued shares | 38,950,000 shares (at the offering) → Not disclosed |
| Exercise price | Initial exercise price: ¥95 per share. Adjustment provision and adjustment floor: Not disclosed |
| Number of Stock Acquisition Rights | Total issued: 741,049 stock acquisition rights; 50,000 of the 158,738 stock acquisition rights currently held by ネットプライス will be offered for sale. Number of unexercised rights remaining: Not disclosed |
| Procedures under the Corporate Code of Conduct | Approved by the Board of Directors on 16 March 2026 |
| Most recent equity financing | 29 August 2025: Issuance of new shares and the 7th Stock Acquisition Rights through a private placement. 741,049 of the 7th Stock Acquisition Rights were issued, with total issue proceeds of ¥195,636,936. |
| Impact on Business Performance | The company is currently reviewing the impact of this matter on its consolidated results. It will promptly announce any matters requiring disclosure. |
Items this document does not state (17)
Number of shares to be issued or disposed ofTotal issue valueAmount of funds to be raisedEstimated issuance expensesPayment dateDilution RateBasis for determining the amount to be paidExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor 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 Company determined that the sale would help secure greater flexibility in future financing, promote exercise by the transferee, and contribute to funding working capital for each business, enhancing corporate value over the medium to long term and stabilizing the financial base.
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.