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Share Issuance and Disposal5074TESS Holdings Co.,Ltd.Construction and Materials

Report on the Allocation of Funds Raised through Sustainability Finance and Related Instruments and the Environmental and Social Impact of Improvements

Reported that all proceeds previously raised through listed offerings, a Sustainability Rights Offering and a green loan have been fully allocated to eligible projects, including renewable energy projects. The report also presented the environmental and social impacts of the eligible projects, including annual CO₂ emissions reductions of 152,544 t-CO₂, installed capacity of approximately 115.0 MW and 5 new jobs.

Worth reading
61In focus
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
152544
t-CO₂/year
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Amount of funds to be raised

Proceeds from listed offering: ¥13,485 million raised, ¥13,485 million allocated. Partially committed rights offering: ¥13,367 million raised, ¥13,367 million allocated. Green loan: ¥17,000 million raised, ¥17,000 million allocated. Estimated net proceeds: Not disclosed

Specific use of funds
Construction costs for the power generation business at the “Fukuoka Miyako Mega Solar Power Plant” (refinancing)Amount ¥10,722 million
Construction costs for the power generation business at the “Nishikimachi 2 MW Woody Biomass Power Plant”Amount ¥1,400 million
Construction costs for the power generation business at the “Saga Imari Biomass Power Plant”Amount ¥1,166 million
Construction costs for an EFB pellet manufacturing business in IndonesiaAmount ¥197 million
Acquisition costs for a silent partnership interest in the power generation business at the “Fukuoka Miyako Mega Solar Power Plant”Amount ¥785 million
Construction costs for the power generation business at the “Saga Imari Biomass Power Plant”Amount ¥12,582 million
Construction costs for the power generation business at the “Saga Imari Biomass Power Plant”Amount ¥17,000 million
Procedures under the Corporate Code of Conduct
Obtained second-party opinions from The Japan Research Institute, Limited and Rating and Investment Information, Inc.
Most recent equity financing
Timing Announced on 21 June 2023 / Type Partially committed rights offering (Sustainability Rights Offering) / Amount ¥13,367 million
Details of issuance or disposal
ItemDetails
Amount of funds to be raisedProceeds from listed offering: ¥13,485 million raised, ¥13,485 million allocated. Partially committed rights offering: ¥13,367 million raised, ¥13,367 million allocated. Green loan: ¥17,000 million raised, ¥17,000 million allocated. Estimated net proceeds: Not disclosed
Specific use of fundsDetails Construction costs for the power generation business at the “Fukuoka Miyako Mega Solar Power Plant” (refinancing) / Amount ¥10,722 million / Scheduled timing of expenditures Not disclosed, Details Construction costs for the power generation business at the “Nishikimachi 2 MW Woody Biomass Power Plant” / Amount ¥1,400 million / Scheduled timing of expenditures Not disclosed, Details Construction costs for the power generation business at the “Saga Imari Biomass Power Plant” / Amount ¥1,166 million / Scheduled timing of expenditures Not disclosed, Details Construction costs for an EFB pellet manufacturing business in Indonesia / Amount ¥197 million / Scheduled timing of expenditures Not disclosed, Details Acquisition costs for a silent partnership interest in the power generation business at the “Fukuoka Miyako Mega Solar Power Plant” / Amount ¥785 million / Scheduled timing of expenditures Not disclosed, Details Construction costs for the power generation business at the “Saga Imari Biomass Power Plant” / Amount ¥12,582 million / Scheduled timing of expenditures Not disclosed, Details Construction costs for the power generation business at the “Saga Imari Biomass Power Plant” / Amount ¥17,000 million / Scheduled timing of expenditures Not disclosed
Procedures under the Corporate Code of ConductObtained second-party opinions from The Japan Research Institute, Limited and Rating and Investment Information, Inc.
Most recent equity financingTiming Announced on 21 June 2023 / Type Partially committed rights offering (Sustainability Rights Offering) / Amount ¥13,367 million
Items this document does not state (24)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise 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 underwriterOverallotmentStock Split RatioMajor 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.

To report, as of 30 June 2026, on the allocation of proceeds raised through sustainability finance and other instruments previously implemented, and on the environmental and social impacts achieved from 1 July 2025 to 30 June 2026.

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.
Report on the Allocation of Funds Raised through Sustainability Finance and Related Instruments and the Environmental and Social Impact of Improvements | TESS Holdings Co.,Ltd. (5074) timely disclosure | Komori