Worth reading
74In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
145000
SharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares through a third-party allotment
Who receives how much145,000Shares
145,000 common shares (new shares)
Yoshinari Natsuko (吉成夏子) (Chairman of the Board and largest shareholder of the Company)145,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥665 per share
Total issue value
¥96,425,000
Amount of funds to be raised
Total issue proceeds of ¥96,425,000, less estimated net proceeds of ¥95,937,600
Estimated issuance expenses
¥487,400
Specific use of funds
Development costs for a new gameAmount ¥95 million / Scheduled timing of expenditures May 2026–April 2028
Existing Shares and Increase
+2.16%Rate of increase
6,693,500 shares6,838,500Shares
2.16% of the total number of issued shares and 2.40% of the total number of voting rights
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Transfer restriction period
Reporting obligation for any transfer made within 2 years of the payment date
Offering structure
Major shareholders after the offering
Name Yoshinari Natsuko (吉成夏子) / Shareholding ratio 18.21％Name 株式会社でらゲー / Shareholding ratio 8.77％Name 株式会社376 / Shareholding ratio 4.86％Name Okamoto Yoshiki (岡本吉起) / Shareholding ratio 4.39％Name BBH/DBS B BANK (HONGKONG) LIMITED A/C 005 NON US (nominee: General Manager, Debt Finance Department, Sumitomo Mitsui Banking Corporation, Yamada Hikaru (山田光)) / Shareholding ratio 3.19％Name 楽天証券株式会社 / Shareholding ratio 2.41％Name 株式会社ＳＢＩ証券 / Shareholding ratio 2.12％Name MATSUI SECURITIES CO.,LTD. / Shareholding ratio 2.03％Name Kato Seigo (加藤誠悟) / Shareholding ratio 1.52％Name Takano Kenichi (高野健一) / Shareholding ratio 1.32％Name Kawai Kenichiro (河合謙一郎) / Shareholding ratio 1.06％
Intended allottee's holding policy
The allottee intends to hold the shares over the medium to long term. Any sale will comply with the Tokyo Stock Exchange's rules concerning the reporting of transfers and other applicable laws and regulations. The Company plans to obtain a written undertaking confirming the allottee's agreement to report any transfer made within 2 years of the payment date to the Company, which will report it to the Tokyo Stock Exchange, among other matters.
Payment date
30 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 10 April 2026, ¥665. The most recent market price was used as the basis, with no discount or premium specified.
Procedures under the Corporate Code of Conduct
Because the dilution ratio is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders' approval are not required.
Most recent equity financing
None in the past 3 years
Impact on Business Performance
The issuance of these new shares will have no impact on results for the fiscal year ending May 2026.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares through a third-party allotment |
| Number of shares to be issued or disposed of | 145,000 common shares (new shares) |
| Issue price and disposal price | ¥665 per share |
| Total issue value | ¥96,425,000 |
| Amount of funds to be raised | Total issue proceeds of ¥96,425,000, less estimated net proceeds of ¥95,937,600 |
| Estimated issuance expenses | ¥487,400 |
| Specific use of funds | Details Development costs for a new game / Amount ¥95 million / Scheduled timing of expenditures May 2026–April 2028 |
| Payment date | 30 April 2026 |
| Intended allottee | Name Yoshinari Natsuko (吉成夏子) (Chairman of the Board and largest shareholder of the Company) / Number of Shares 145,000 shares |
| Intended allottee's holding policy | The allottee intends to hold the shares over the medium to long term. Any sale will comply with the Tokyo Stock Exchange's rules concerning the reporting of transfers and other applicable laws and regulations. The Company plans to obtain a written undertaking confirming the allottee's agreement to report any transfer made within 2 years of the payment date to the Company, which will report it to the Tokyo Stock Exchange, among other matters. |
| Dilution Rate | 2.16% of the total number of issued shares and 2.40% of the total number of voting rights |
| Total number of issued shares | 6,693,500 shares → 6,838,500 shares（2.16％） |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 10 April 2026, ¥665. The most recent market price was used as the basis, with no discount or premium specified. |
| Transfer restriction period | Reporting obligation for any transfer made within 2 years of the payment date |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders' approval are not required. |
| Most recent equity financing | None in the past 3 years |
| Major shareholders after the offering | Name Yoshinari Natsuko (吉成夏子) / Shareholding ratio 18.21％, Name 株式会社でらゲー / Shareholding ratio 8.77％, Name 株式会社376 / Shareholding ratio 4.86％, Name Okamoto Yoshiki (岡本吉起) / Shareholding ratio 4.39％, Name BBH/DBS B BANK (HONGKONG) LIMITED A/C 005 NON US (nominee: General Manager, Debt Finance Department, Sumitomo Mitsui Banking Corporation, Yamada Hikaru (山田光)) / Shareholding ratio 3.19％, Name 楽天証券株式会社 / Shareholding ratio 2.41％, Name 株式会社ＳＢＩ証券 / Shareholding ratio 2.12％, Name MATSUI SECURITIES CO.,LTD. / Shareholding ratio 2.03％, Name Kato Seigo (加藤誠悟) / Shareholding ratio 1.52％, Name Takano Kenichi (高野健一) / Shareholding ratio 1.32％, Name Kawai Kenichiro (河合謙一郎) / Shareholding ratio 1.06％ |
| Impact on Business Performance | The issuance of these new shares will have no impact on results for the fiscal year ending May 2026. |
Items this document does not state (10)
Exercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split Ratio
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.To establish a new earnings base through the development of a new game, and to align the interests of management with existing shareholders and enhance corporate value through additional investment by management.
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.