Use of IPO Proceeds for Hiring, Service Infrastructure and Debt Repayment
First written in FY2019. 3 of 4 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020.
63 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「Funds provided by financing activities amounted to ¥568 million. This was mainly because proceeds from the issuance of shares amounted to ¥872 million, while short-term borrowings decreased by ¥300 million, among other factors.」
The company received ¥872 million in funds from the listing-related capital increase and reduced short-term borrowings by ¥300 million. It also disclosed actual allocations of the funds to debt repayment and part of its expenses. - FY2020-Q2AdvancedAnnual report
「Funds provided by financing activities amounted to ¥568 million. This was mainly because proceeds from the issuance of shares amounted to ¥872 million, while short-term borrowings decreased by ¥300 million, among other factors.」
Funds were raised through the listing-related capital increase, and the ¥300 million in short-term borrowings was repaid, reducing the balance to zero. Stated capital and capital surplus also each increased by ¥440 million. - FY2020-Q1AdvancedAnnual report
「In connection with its listing on the Tokyo Stock Exchange Mothers market on 13 March 2019, the company conducted a public offering capital increase using the book-building method, with 12 March 2019 as the payment date. As a result, during the cumulative first-quarter period, stated capital and capital surplus each increased by ¥440 million. At the end of the first-quarter accounting period, stated capital was ¥609 million and capital surplus was ¥599 million.」
A public offering capital increase was conducted in connection with the listing, increasing stated capital and capital surplus. Short-term borrowings also decreased by ¥300 million. - FY2019First statedAnnual report
「The funds are planned to be allocated to recruitment expenses and part of labor and personnel costs associated with additional staff hired for business expansion, part of the outsourcing expenses for cloud integration and MSP services, and funds for repaying short-term borrowings from financial institutions taken out to expand the service platform and for other purposes.」
Regarding the public offering conducted in March 2019, the stated uses of funds were growth investment and repayment of short-term borrowings.