Raising funds for M&A and capital and business alliances through the issuance of stock acquisition rights
First written in FY2021-Q2. 1 of 4 entries say "Achieved", first in FY2021-Q3. Latest entry: FY2023.
5 other companies' latest entry also says "Other".
- FY2023Extension of the spending deadline for M&A funds to March 2028Annual report
「For funds raised for purposes including securing personnel and development capabilities through M&A and developing new businesses, the company conducted a financing through the disposal of treasury shares in the fiscal year ended March 2021. In light of the subsequent investment environment and results, it extended the spending deadline to March 2028 in the fourth quarter of the fiscal year ending March 2023.」
The company extended to March 2028 the spending deadline for funds raised for M&A and new business development. - FY2021Cited as achievedAnnual report
「During the current consolidated fiscal year, the company allocated 800,000 shares, equivalent to approximately one-third of its treasury shares, and raised ¥3,426 million by the end of the exercise period in November, including funds received in connection with the issuance of the stock acquisition rights.」
The company cites the allocation of 800,000 shares and the raising of ¥3,426 million under stock acquisition rights intended for M&A and capital and business alliances. - FY2021-Q3AchievedAnnual report
「In the third quarter of the current consolidated cumulative period, the company allocated 800,000 shares, equivalent to approximately one-third of its treasury shares, under the Series 1 stock acquisition rights issued on 16 October 2020 through a third-party allotment to Daiwa Securities Co., Ltd. It raised ¥3,426 million by the end of the exercise period in November, including funds received in connection with the issuance of the stock acquisition rights.」
For the stock acquisition rights intended to fund M&A and capital and business alliances in the Video Solutions Business, exercise covering 800,000 shares was completed and ¥3,426 million was raised by the end of the exercise period in November. - FY2021-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 30 September 2020, the company resolved to issue Series 1 stock acquisition rights through a third-party allotment, with a provision for adjustment of the exercise price, hereinafter the Stock Acquisition Rights. Payment in full of the total issue price of the Stock Acquisition Rights was completed on 16 October 2020. Amount raised (approximate net proceeds) ¥2,869,912,000 Use of funds Expenses related to M&A and capital and business alliances in the Video Solutions Business From 19 October 2020 To 2 November 2020 ① Number of stock acquisition rights exercised 4,180 ② Number of treasury shares disposed of 418,000 shares ③ Total exercise price ¥1,588 million」
The company resolved to issue and implemented a third-party allotment of stock acquisition rights to fund M&A and capital and business alliance expenses in the Video Solutions Business. Approximate net proceeds of ¥2,869,912,000 were expected. As of the filing date, some rights had been exercised and 418,000 treasury shares had been disposed of.