Worth reading
71In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
21000000000
Yen (aggregate issue price)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Public offering of new shares (general offering) and secondary offering of the Company's shares (underwritten offering and over-allotment)
発行・処分する株式数
30,000,000 shares (publicly offered new shares; calculated based on a total issue price of ¥21,300,000,000 and an issue price of ¥710 per share)
Intended allottee
As this is a public offering (general offering), there is no specific prospective allottee: Not disclosed
Payment amount: ¥679.44 per share. Offering price: ¥710 per share
Total issue value
¥21,300,000,000 (total issue price)
Amount of funds to be raised
Total payment amount: ¥20,383,200,000; estimated net proceeds: ¥20,274,200,000
Specific use of funds
Funds to repay borrowings obtained from GMO Internet Group, Inc. in connection with the investment for the strategic partnership with Turing株式会社 in the GPU cloud businessAmount ¥3,200,000,000 / Scheduled timing of expenditures By the end of May 2026
Capital expenditures for new GPU servers to expand the business of GMO GPU CloudAmount ¥16,557,000,000 / Scheduled timing of expenditures By the end of December 2027
Funds to repay borrowings obtained from transaction banks for working capitalAmount Remaining amount / Scheduled timing of expenditures By the end of May 2026
Offering structure
Overallotment
13,725,000 shares offered. The maximum number of shares for the third-party allotment is Not disclosed. The exercise period for the greenshoe option is from 28 April 2026 to 22 May 2026
Payment date
27 April 2026
Basis for determining the amount to be paid
Based on the closing price of ¥764 on 20 April 2026, with a discount rate of 7.07%. The issue price is ¥710 and the payment amount is ¥679.44
| Item | Details |
|---|---|
| Type of issuance or disposal | Public offering of new shares (general offering) and secondary offering of the Company's shares (underwritten offering and over-allotment) |
| Number of shares to be issued or disposed of | 30,000,000 shares (publicly offered new shares; calculated based on a total issue price of ¥21,300,000,000 and an issue price of ¥710 per share) |
| Issue price and disposal price | Payment amount: ¥679.44 per share. Offering price: ¥710 per share |
| Total issue value | ¥21,300,000,000 (total issue price) |
| Amount of funds to be raised | Total payment amount: ¥20,383,200,000; estimated net proceeds: ¥20,274,200,000 |
| Specific use of funds | Details Funds to repay borrowings obtained from GMO Internet Group, Inc. in connection with the investment for the strategic partnership with Turing株式会社 in the GPU cloud business / Amount ¥3,200,000,000 / Scheduled timing of expenditures By the end of May 2026, Details Capital expenditures for new GPU servers to expand the business of GMO GPU Cloud / Amount ¥16,557,000,000 / Scheduled timing of expenditures By the end of December 2027, Details Funds to repay borrowings obtained from transaction banks for working capital / Amount Remaining amount / Scheduled timing of expenditures By the end of May 2026 |
| Payment date | 27 April 2026 |
| Intended allottee | As this is a public offering (general offering), there is no specific prospective allottee: Not disclosed |
| Basis for determining the amount to be paid | Based on the closing price of ¥764 on 20 April 2026, with a discount rate of 7.07%. The issue price is ¥710 and the payment amount is ¥679.44 |
| Overallotment | 13,725,000 shares offered. The maximum number of shares for the third-party allotment is Not disclosed. The exercise period for the greenshoe option is from 28 April 2026 to 22 May 2026 |
Items this document does not state (18)
Estimated issuance expensesIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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.The issue price, offering price and other terms for the new share issuance and secondary offering approved on 10 April 2026 have been determined. The funds raised are expected to be used to repay borrowings, fund capital expenditures for new GPU servers, and repay borrowings related to working capital.
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.