Komori
Share Issuance and Disposal5076INFRONEER Holdings Inc.Construction and Materials

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

The conversion price of the already-issued Green CBs due 2029 was adjusted due to the determination of an interim dividend and a public offering of new shares. The final adjusted conversion price was ¥1,565.7.

Worth reading
48Recurring
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1565.7
Yen (conversion price per share)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

発行・処分する株式数47,826,100Shares

47,826,100 new shares issued through a public offering (stated in this document as an already-decided matter)

Intended allottee
No specific prospective allottee, as this is a public offering: Not disclosed
Terms of the stock acquisition rights
Exercise price
Conversion price: ¥1,660.4 before adjustment and ¥1,620.9 after adjustment (adjustment for the interim dividend); ¥1,620.9 before adjustment and ¥1,565.7 after adjustment (adjustment for the public offering). The existence and lower limit of an adjustment clause are Not disclosed
Basis for determining the amount to be paid
The document only states that the subscription price for the new shares issued through the public offering was below the market value specified in the terms and conditions of the bonds underlying the convertible bonds with stock acquisition rights. The specific criteria and rate are Not disclosed
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
Details of issuance or disposal
ItemDetails
Number of shares to be issued or disposed of47,826,100 new shares issued through a public offering (stated in this document as an already-decided matter)
Intended allotteeNo specific prospective allottee, as this is a public offering: Not disclosed
Basis for determining the amount to be paidThe document only states that the subscription price for the new shares issued through the public offering was below the market value specified in the terms and conditions of the bonds underlying the convertible bonds with stock acquisition rights. The specific criteria and rate are Not disclosed
Exercise priceConversion price: ¥1,660.4 before adjustment and ¥1,620.9 after adjustment (adjustment for the interim dividend); ¥1,620.9 before adjustment and ¥1,565.7 after adjustment (adjustment for the public offering). The existence and lower limit of an adjustment clause are Not disclosed
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
Items this document does not state (23)
Type of issuance or disposalIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise 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 proposal to pay an interim dividend of ¥65 per share was approved and adopted, and the subscription price for the new shares issued through the public offering was below the market value specified in the terms and conditions of the bonds. Because the adjustment for the interim dividend takes effect retroactively from 1 October 2026, the conversion price was recalculated to reflect the public offering.

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.
Notice Regarding the Adjustment of the Conversion Price of 2029-Maturity Euro-Yen Convertible Bonds with Stock Acquisition Rights (Green CBs) | INFRONEER Holdings Inc. (5076) timely disclosure | Komori