Securing funding to strengthen the financial base and support growth through a new share issuance
First written in FY2022-Q2. 1 of 2 entries say "Achieved", first in FY2022-Q3. Latest entry: FY2022-Q3.
22 other companies' latest entry also says "Achieved".
- FY2022-Q3AchievedAnnual report
「In connection with this capital increase, the company resolved on 28 October 2021 to issue new shares and conduct a secondary offering, and raised estimated net proceeds of ¥14,942 million through the public offering on 12 November 2021. On 15 December 2021, it also raised estimated net proceeds of ¥1,147 million through a private placement resulting from the exercise of the greenshoe option.」
The company conducted a public offering based on the shelf registration and raised estimated net proceeds of ¥14,942 million. It also disclosed the raising of ¥1,147 million through a subsequent private placement. - FY2022-Q2First statedAnnual report
「The company determined that further strengthening its financial base and securing growth funding would be desirable and rational from the perspective of enhancing corporate and shareholder value. Accordingly, to establish a framework for flexible capital raising, it filed a shelf registration statement for the issuance of new shares on 19 July 2021. The net proceeds from the issuance are scheduled to be used to repay long-term borrowings, including loans with perpetual subordinated terms, fund new store openings, format changes and renovations for the portfolio review envisaged under the post-pandemic growth strategy, a pillar of the medium-term management plan, and fund digital transformation initiatives.」
The company filed a shelf registration statement for the issuance of new shares, disclosing for the first time its preparations for flexible capital raising to repay long-term borrowings, invest in portfolio review and promote digital transformation. The timing, method, terms and total amount of the offering were stated as undecided as of the filing date.