Funding Recurring-Revenue Businesses Through the Issuance of Preferred Shares
First written in FY2017. 8 of 11 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「1 July 2025– 31 December 2025 12,400 19,969,200 2 3,471 2 3,489 (Note) Increase due to the exercise of stock acquisition rights.」
During the current interim consolidated accounting period, 12,400 common shares were issued through the exercise of stock acquisition rights, and stated capital and the capital reserve each increased by ¥2 million. - FY2024-Q2AdvancedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
During the second quarter, 8,400 common shares were issued through the exercise of stock acquisition rights, and stated capital and the capital reserve each increased by ¥5 million. - FY2023-Q1AdvancedAnnual report
「1 July 2022–30 September 2022 (Note) 1,200 19,566,000 0 3,376 0 3,395」
During the first quarter, 1,200 common shares were issued through the exercise of stock acquisition rights, increasing the number of shares issued, stated capital and the capital reserve. - FY2022-Q2AdvancedAnnual report
「1 October 2021– 31 December 2021 (Note) 2,000 19,559,200 562 3,375,197 562 3,393,693」
During the second quarter, 2,000 common shares were issued through the exercise of stock acquisition rights, and stated capital and the capital reserve each increased by ¥562 thousand. - FY2021-Q2AdvancedAnnual report
「Change in total number of shares issued 9,600 (Note) 1. Increase due to the exercise of stock acquisition rights.」
During the second quarter, 9,600 common shares were issued through the exercise of stock acquisition rights, and stated capital and the capital reserve each increased by ¥2,161 thousand. - FY2021-Q1AdvancedAnnual report
「Change in total number of shares issued 5,200 (Note) 1. Increase due to the exercise of stock acquisition rights.」
During the first quarter, 5,200 common shares were issued through the exercise of stock acquisition rights, and stated capital and the capital reserve each increased by ¥1,170 thousand. - FY2020AdvancedAnnual report
「The increase in issued common shares was an increase of 54,400 shares resulting from the exercise of stock acquisition rights.」
During the current consolidated fiscal year, 54,400 common shares were issued through the exercise of stock acquisition rights, and stated capital and the capital reserve also increased. - FY2020-Q3AdvancedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
During the third quarter, the number of shares increased by 4,000 through the exercise of stock acquisition rights, while stated capital and the capital reserve each increased by ¥928 thousand. - FY2018AchievedAnnual report
「The acquisition and cancellation of the Class A preferred shares and the related dividend payment, reduction of capital and public offering increased stated capital by ¥2,973 million and capital surplus by ¥2,855 million.」
The company's annual capital policy included the acquisition and cancellation of all ¥3 billion of Class A preferred shares after their issuance. - FY2018-Q1AchievedAnnual report
「The company entered into a share investment agreement with UDS Corporate Mezzanine 4 Investment Limited Partnership, the allottee, dated 14 August 2017, and issued ¥3 billion of Class A preferred shares to the allottee through a third-party allotment dated 17 October 2017.」
The planned third-party allotment of ¥3 billion of Class A preferred shares, with 17 October 2017 as the payment date, was completed. The company stated that the funds would be used to purchase real estate, including House Leaseback properties, and strengthen the capital of its real estate finance subsidiary. - FY2017First statedAnnual report
「The company entered into a share investment agreement with UDS Corporate Mezzanine 4 Investment Limited Partnership, the allottee, dated 14 August 2017, and decided to issue Class A preferred shares totaling ¥3 billion to the allottee through a third-party allotment dated 17 October 2017.」
As a subsequent event, the company disclosed its plan to issue ¥3 billion of Class A preferred shares through a third-party allotment, with 17 October 2017 as the payment date, for the purchase of real estate including House Leaseback properties and the capitalization of its real estate finance subsidiary. The preferred dividend rate was set at 8.0% per annum.