Issuance of ¥3 billion in bonds with stock acquisition rights through a third-party allotment and use of proceeds
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2018-Q2.
22 other companies' latest entry also says "Advanced".
- FY2018-Q2AdvancedAnnual report
「In connection with the conversion of the bonds with share acquisition rights, capital stock and the capital reserve increased by ¥1,141 million each during the cumulative second quarter of the consolidated fiscal year. At the end of the second quarter, capital stock was ¥4,829 million and capital surplus was ¥7,152 million.」
The bonds with share acquisition rights issued and paid for in the previous fiscal year were converted, increasing capital stock and the capital reserve by ¥1,141 million each. - FY2017-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 27 December 2016, the Company resolved to issue ¥3 billion in aggregate principal amount of the first and second series of unsecured convertible bonds with share acquisition rights through a third-party allotment, and payment was completed on 13 January 2017.」
The issuance and payment of ¥3 billion in bonds with share acquisition rights have been completed. The stated uses of proceeds are expansion of manufacturing facilities for additives used in lithium-ion secondary batteries, the purchase of analytical equipment for research and development, optimization of equipment layout at the Sanpo and Izumi plants, investment in core systems, and repayment of borrowings. The maturity date is 10 January 2020, and the interest rate is 1% per annum.