Details of issuance or disposal
9th and 10th stock acquisition rights, and 11th stock acquisition rights with exercise price adjustment clauses and 12th stock acquisition rights, issued through a third-party allotment
All of the 9th and 10th stock acquisition rights had been exercised by 14 October 2026. Of the 11th stock acquisition rights, 151,880 units (15,188,000 shares) had been exercised, with 548,120 units remaining. Of the 12th stock acquisition rights, 380,000 units held by Ishii Takeshi (石井武) and Okazaki Taisuke (岡﨑太輔) are excluded from acquisition and cancellation, while 920,000 units held by G Future Fund 1 Investment Limited Partnership are subject to acquisition and cancellation.
9th and 10th: ¥1,023 million including the issue price, and net proceeds of ¥1,006 million after deducting ¥16 million in issuance expenses. 11th and 12th: ¥638 million including the issue price, and net proceeds of ¥612 million after deducting ¥25 million in issuance expenses.
| Item | Details |
|---|---|
| Type of issuance or disposal | 9th and 10th stock acquisition rights, and 11th stock acquisition rights with exercise price adjustment clauses and 12th stock acquisition rights, issued through a third-party allotment |
| Number of shares to be issued or disposed of | All of the 9th and 10th stock acquisition rights had been exercised by 14 October 2026. Of the 11th stock acquisition rights, 151,880 units (15,188,000 shares) had been exercised, with 548,120 units remaining. Of the 12th stock acquisition rights, 380,000 units held by Ishii Takeshi (石井武) and Okazaki Taisuke (岡﨑太輔) are excluded from acquisition and cancellation, while 920,000 units held by G Future Fund 1 Investment Limited Partnership are subject to acquisition and cancellation. |
| Amount of funds to be raised | 9th and 10th: ¥1,023 million including the issue price, and net proceeds of ¥1,006 million after deducting ¥16 million in issuance expenses. 11th and 12th: ¥638 million including the issue price, and net proceeds of ¥612 million after deducting ¥25 million in issuance expenses. |
| Estimated issuance expenses | 9th and 10th: actual ¥16 million. 11th and 12th: actual ¥25 million. |
| Specific use of funds | Details Development and operating funds for new titles / Amount ¥967 million / Scheduled timing of expenditures December 2024 to September 2027, Details Funds for securing development personnel / Amount ¥38 million / Scheduled timing of expenditures December 2024 to September 2027, Details M&A funding (株式会社オカザキホールディングス) / Amount ¥612 million / Scheduled timing of expenditures January 2026 to September 2027, Details M&A funding (other) / Amount ¥135 million (Note 2) / Scheduled timing of expenditures January 2026 to December 2030, Details Operating funds for the crypto asset business (new business) / Amount ¥1,000 million (Notes 2 and 3) / Scheduled timing of expenditures January 2026 to December 2030 |
| Exercise price | The exercise price of the 9th stock acquisition rights was adjusted from ¥15 to ¥14. The minimum exercise price of the 11th stock acquisition rights is ¥30. The exercise price of the 12th stock acquisition rights was revised from ¥54 to ¥30 on 10 July 2026 and is expected to be adjusted downward in connection with this financing. |
| Number of Stock Acquisition Rights | 11th: 151,880 units exercised and 548,120 units remaining. 12th: 920,000 units held by G Future Fund 1 Investment Limited Partnership are subject to acquisition and cancellation, while 380,000 units held by Ishii Takeshi (石井武) and Okazaki Taisuke (岡﨑太輔) are excluded. |
| Reason for acquisition without consideration | The 548,120 remaining 11th stock acquisition rights and the 920,000 units of the 12th stock acquisition rights held by G Future Fund 1 Investment Limited Partnership will be acquired and cancelled. |
| Most recent equity financing | Timing 27 December 2024 / Type Issuance of the 9th and 10th stock acquisition rights / Amount Net proceeds of ¥1,006 million, Timing 26 December 2025 / Type Issuance of the 11th and 12th stock acquisition rights / Amount Net proceeds of ¥612 million |
| Impact on Business Performance | The matter is currently under review, and any matters requiring disclosure will be announced promptly. |
Items this document does not state (18)
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.For the 9th and 10th stock acquisition rights, the proceeds were finalized, and development and operating costs increased due to extensions to the development periods for game titles and the addition of new titles, while development personnel costs declined following a review of the hiring plan. For the 11th and 12th stock acquisition rights, exercise did not progress because the share price was frequently below the minimum exercise price of the 11th stock acquisition rights, so M&A funding and other items were reviewed to align them with the amount that could be raised.