Decision and Details
Early redemption (full repayment) of the 2nd Series Unsecured Straight Bonds
The proceeds paid in connection with the exercise of the Stock Acquisition Rights by EVO FUND, the subscriber for the Stock Acquisition Rights, were allocated to the redemption funds. The Company stated that it will continue working to reduce its debt and strengthen its financial position.
As the unsecured straight bonds are non-interest-bearing, the impact on results for the fiscal year ending March 2027 will be immaterial
| Item | Details |
|---|---|
| Matter Covered | Early redemption (full repayment) of the 2nd Series Unsecured Straight Bonds |
| Decision Date | 8 May 2026 (date of early redemption) |
| Implementation Date | 8 May 2026 (completed) |
| Period Covered | The redemption date had been set as 12 July 2027, but the bonds were redeemed early on 8 May 2026 |
| Amount | Total amount of the 2nd Series Unsecured Straight Bonds: ¥500 million; amount currently allocated to the use of funds: ¥999 million; total use of funds: ¥1,000 million |
| Impact on Business Performance | As the unsecured straight bonds are non-interest-bearing, the impact on results for the fiscal year ending March 2027 will be immaterial |
| Reason | The proceeds paid in connection with the exercise of the Stock Acquisition Rights by EVO FUND, the subscriber for the Stock Acquisition Rights, were allocated to the redemption funds. The Company stated that it will continue working to reduce its debt and strengthen its financial position. |
| Related previous disclosures | Notice Regarding the Issuance of the 9th Series Stock Acquisition Rights with Exercise Price Adjustment Clause, the 2nd Series Unsecured Straight Bonds and the 3rd Series Unsecured Straight Bonds through a Third-Party Allotment, dated 20 February 2026 |
| Future plans | The Company will promptly announce any partial changes to the use of funds for the 2nd Series Unsecured Straight Bonds, the 3rd Series Unsecured Straight Bonds and the 9th Series Stock Acquisition Rights once its review has been completed. |
Items this document does not state (3)
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 proceeds paid in connection with the exercise of the Stock Acquisition Rights were allocated to the redemption funds. The Company stated that it will continue working to reduce its debt and strengthen its financial position.