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Share Issuance and Disposal5076INFRONEER Holdings Inc.Construction and Materials

Notice Regarding the Adjustment of the Conversion Price of the 2029 Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights (Green CB)

The conversion price of the already-issued euro-yen-denominated convertible bonds with stock acquisition rights due 2029 (green CB) was reduced from ¥1,660.4 to ¥1,603.8 effective 28 October 2026.

Worth reading
29Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
56.6
¥ per conversion price (reduction amount)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Adjustment of the conversion prices of convertible bonds with stock acquisition rights

Terms of the stock acquisition rights
Exercise price
Initial conversion price: ¥1,660.4; adjusted conversion price: ¥1,603.8. Conversion price adjustment provision applies.
Most recent equity financing
Timing Board resolution dated 2 October 2026; payment amount determined on 21 October 2026 / Type Issuance of new shares through a public offering / Amount Not disclosed / Number of shares 47,826,100 shares
Details of issuance or disposal
ItemDetails
Type of issuance or disposalAdjustment of the conversion prices of convertible bonds with stock acquisition rights
Exercise priceInitial conversion price: ¥1,660.4; adjusted conversion price: ¥1,603.8. Conversion price adjustment provision applies.
Most recent equity financingTiming Board resolution dated 2 October 2026; payment amount determined on 21 October 2026 / Type Issuance of new shares through a public offering / Amount Not disclosed / Number of shares 47,826,100 shares
Items this document does not state (25)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise 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 RatioProcedures under the Corporate Code of ConductMajor 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 payment amount determined for the public offering of new shares was below the fair market value specified in the terms of the bonds, so the conversion price was adjusted in accordance with the conversion price adjustment provision in those terms.

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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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Adjustment of the Conversion Price of the 2029 Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights (Green CB) | INFRONEER Holdings Inc. (5076) timely disclosure | Komori