Worth reading
100Important
Scored from 1 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance by third-party allotment of new shares and the 9th, 10th and 11th Warrants (past financings)
Amount of funds to be raised
Amount raised through exercise of the 11th Warrants as of the end of July 2026: ¥139 million (including the issue price)
Specific use of funds
9th Warrants: Capital expenditure fundingAmount ¥50 million / Scheduled timing of expenditures February 2025 to April 2027
9th Warrants: Expenses related to opening new business formatsAmount — million / Scheduled timing of expenditures November 2024 to November 2026
9th Warrants: Solar power generation-related businessAmount ¥300 million / Scheduled timing of expenditures September 2025 to October 2027
10th Warrants: Expenses related to opening new locationsAmount — million / Scheduled timing of expenditures October 2026 to September 2027
10th Warrants: Capital expenditure fundingAmount ¥84 million / Scheduled timing of expenditures July 2025 to April 2027
10th Warrants: Solar power generation-related businessAmount ¥90 million / Scheduled timing of expenditures September 2025 to October 2027
11th Warrants: Expenses related to opening new locationsAmount ¥50 million / Scheduled timing of expenditures October 2025 to October 2027
11th Warrants: Working capitalAmount ¥169 million / Scheduled timing of expenditures October 2025 to October 2027
11th Warrants: Capital expenditure fundingAmount ¥130 million / Scheduled timing of expenditures November 2025 to April 2027
11th Warrants: Solar power generation-related business (resale and self-held models)Amount ¥300 million / Scheduled timing of expenditures October 2025 to October 2027
Terms of the stock acquisition rights
Number of Stock Acquisition Rights
11th Warrants: Total issued, 11,050; unexercised balance, 8,850
Most recent equity financing
Dated 1 November 2024: Issuance by third-party allotment of new shares and the 9th and 10th Warrants, Dated 10 October 2025: Issuance by third-party allotment of new shares and the 11th Warrants
Impact on Business Performance
The impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is expected to be minor.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance by third-party allotment of new shares and the 9th, 10th and 11th Warrants (past financings) |
| Amount of funds to be raised | Amount raised through exercise of the 11th Warrants as of the end of July 2026: ¥139 million (including the issue price) |
| Specific use of funds | Details 9th Warrants: Capital expenditure funding / Amount ¥50 million / Scheduled timing of expenditures February 2025 to April 2027, Details 9th Warrants: Expenses related to opening new business formats / Amount — million / Scheduled timing of expenditures November 2024 to November 2026, Details 9th Warrants: Solar power generation-related business / Amount ¥300 million / Scheduled timing of expenditures September 2025 to October 2027, Details 10th Warrants: Expenses related to opening new locations / Amount — million / Scheduled timing of expenditures October 2026 to September 2027, Details 10th Warrants: Capital expenditure funding / Amount ¥84 million / Scheduled timing of expenditures July 2025 to April 2027, Details 10th Warrants: Solar power generation-related business / Amount ¥90 million / Scheduled timing of expenditures September 2025 to October 2027, Details 11th Warrants: Expenses related to opening new locations / Amount ¥50 million / Scheduled timing of expenditures October 2025 to October 2027, Details 11th Warrants: Working capital / Amount ¥169 million / Scheduled timing of expenditures October 2025 to October 2027, Details 11th Warrants: Capital expenditure funding / Amount ¥130 million / Scheduled timing of expenditures November 2025 to April 2027, Details 11th Warrants: Solar power generation-related business (resale and self-held models) / Amount ¥300 million / Scheduled timing of expenditures October 2025 to October 2027 |
| Number of Stock Acquisition Rights | 11th Warrants: Total issued, 11,050; unexercised balance, 8,850 |
| Most recent equity financing | Dated 1 November 2024: Issuance by third-party allotment of new shares and the 9th and 10th Warrants, Dated 10 October 2025: Issuance by third-party allotment of new shares and the 11th Warrants |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is expected to be minor. |
Items this document does not state (22)
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 periodTransfer 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 acquisition of land for the Nyuzen No. 2 Water Treatment Center was delayed, delaying the start of construction; only some of the 11th Warrants have been exercised, and fundraising has not progressed as expected; and construction and sales of solar power generation projects have been delayed due to a review of the grid interconnection design by Tokyo Electric Power Company.
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.