Investing IPO Proceeds for Growth
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2018.
47 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The proceeds from the capital raising, centered on the public offerings conducted with payment dates of 27 March 2017 and 26 April 2017, are planned to be used for developing a core system integrating sales activities, billing activities and personnel management, planning proprietary products, acquiring and training personnel, and advertising and promotional expenses.」
The Company reiterates its plan to allocate funds raised at the time of listing to its core system, proprietary products, human resources and advertising. - FY2018-Q2AdvancedAnnual report
「Cash flow from investing activities amounted to an inflow of ¥5.776 million. This was mainly due to payments of ¥18.289 million for the acquisition of property, plant and equipment associated with the relocation and refurbishment of offices, payments of ¥10.666 million for the acquisition of intangible fixed assets associated with system development, and proceeds of ¥36.750 million from the cancellation of accumulated insurance. Cash flow from financing activities amounted to an inflow of ¥345.407 million. This was mainly due to proceeds of ¥418.222 million from the issuance of shares and payments of ¥48.250 million for the redemption of bonds.」
The Company describes financing through share issuance and expenditures on system development and office relocation and refurbishment. However, it does not explicitly state a direct correspondence between the share issuance proceeds and individual expenditures. - FY2017First statedAnnual report
「Use of proceeds: The proceeds are planned to be allocated to system development, recruitment and training, planning proprietary products, and advertising and promotional expenses.」
The Company plans to allocate funds raised through a public offering and a third-party allotment to systems, human resources, product planning and advertising.