¥2 Billion in Growth and Structural Reform Funding Raised Through a Third-Party Allotment of Class A Preferred Shares
First written in FY2021-Q3. 3 of 9 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
5 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「All Class A preferred shares were redeemed during the six months ended the second quarter of the current consolidated fiscal year, reducing the burden of paying preferred dividends and other amounts and helping strengthen the Company’s financial position.」
The full redemption and cancellation of the Class A preferred shares was confirmed in the full-year financial statements. - FY2024-Q3RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 11 September 2023, the Company acquired and cancelled 1,000,000 shares of its Class A preferred stock effective 29 September 2023.」
The Company continued to confirm in the third quarter that all Class A preferred shares had been redeemed and cancelled, reducing the burden of paying preferred dividends and other amounts. - FY2024-Q2AchievedAnnual report
「Pursuant to a resolution of the Board of Directors dated 11 September 2023, the Company acquired and cancelled 1,000,000 Class A preferred shares it had issued on 29 September 2023. ... All Class A preferred shares were redeemed during the six months ended the second quarter of the current consolidated fiscal year.」
The Company acquired and cancelled the remaining 1,000,000 Class A preferred shares, completing the redemption of all Class A preferred shares issued through the third-party allotment. The Company explained that this reduced the burden of paying preferred dividends and other amounts and helped strengthen its financial position. - FY2024-Q1Payment of dividends on Class A preferred sharesAnnual report
「19 May 2023 Board of Directors Class A preferred shares 50 50.00 31 March 2023 7 June 2023 Retained earnings」
The Company paid preferred dividends totaling ¥50 million, or ¥50 per share, on the 1 million Class A preferred shares outstanding at the end of March 2023. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 March 2023, the Company resolved to acquire for cash part of the Class A preferred shares it had issued from SMBC CP Investment Limited Partnership No. 1, pursuant to Article 12-6 of its Articles of Incorporation, which provides for an acquisition clause with cash consideration, and, subject to that acquisition, to cancel the shares pursuant to Article 178 of the Companies Act. Accordingly, the Company acquired 1,000,000 Class A preferred shares on 31 March 2023 and cancelled them on the same date.」
The Company acquired and cancelled 1,000,000 of the Class A preferred shares issued through the ¥2 billion third-party allotment, leaving 1,000,000 shares outstanding. - FY2023-Q3RestatedAnnual report
「Class A preferred shares 100 50.14 31 March 2022 7 June 2022 Retained earnings」
The Company continued to disclose the payment of preferred dividends totaling ¥100 million, or ¥50.14 per share, on the issued Class A preferred shares. - FY2023-Q1Payment of preferred dividends on Class A preferred sharesAnnual report
「Class A preferred shares 100 50.14 31 March 2022 7 June 2022 Retained earnings」
The Company paid preferred dividends totaling ¥100 million, or ¥50.14 per share, on the issued Class A preferred shares from retained earnings. - FY2022-Q1AchievedAnnual report
「Class A preferred shares 2,000,000 2,000,000 Unlisted」
The 2,000,000 Class A preferred shares approved in the previous quarter through a third-party allotment were recorded as issued shares at the end of the first quarter of the current fiscal year, indicating that the issuance had been completed. - FY2021-Q3First statedAnnual report
「All Class A preferred shares will be allotted to SMBC CP Investment Limited Partnership No. 1 by means of a third-party allotment. ... Total issue price: ¥2,000,000,000」
The Company resolved to conduct a third-party allotment to SMBC CP Investment Limited Partnership No. 1, with 31 March 2021 as the payment date, of 2,000,000 Class A preferred shares totaling ¥2 billion. Net proceeds are planned to be allocated to investment in new-product development of ¥750 million, strategic investment in growth fields of ¥500 million, maintenance and renewal investment in production facilities of ¥440 million, and structural reform funding of ¥250 million. The Class A preferred shares carry terms including a cumulative preferred dividend of 5.0% per year.