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Excite Holdings (5571) · InitiativeRestated

Allocation of funds raised through listing to customer acquisition and service expansion

First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2024.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023AdvancedFY2024-Q2RestatedFY2024-Q3 – FY20242023: 220232024: 22024
Same theme, other companies
Use of proceeds from the public offering for business expansion and growth investmentA theme 189 companies write about · 0 as a headwind · 197 as a tailwind

47 other companies' latest entry also says "Restated".

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Showing 14 of the 189 companies compared. The sentences above are computed from all 189.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「Funds provided by financing activities totaled ¥1,038,804 thousand. This was mainly due to proceeds of ¥1,275,948 thousand from the issuance of new shares in connection with the listing on the Tokyo Stock Exchange Standard Market.」

    The Company confirms proceeds of ¥1,275,948 thousand from the listing-related share issuance, without specifying their allocation to advertising or system development.
  2. FY2024-Q3RestatedAnnual report

    「This was mainly due to an increase in cash and deposits resulting from the issuance of new shares and other transactions in connection with the listing on the Tokyo Stock Exchange Standard Market.」

    The Company continues to confirm that the issuance of new shares in connection with the listing increased cash and deposits and net assets. No new specific use of proceeds was disclosed.
  3. FY2024-Q2AdvancedAnnual report

    「Funds provided by financing activities totaled ¥1,163,049 thousand. This was mainly due to proceeds of ¥1,275,948 thousand from the issuance of new shares in connection with the listing on the Tokyo Stock Exchange Standard Market.」

    The Company raised ¥1,275,948 thousand through the issuance of new shares in connection with the listing. The text does not link the proceeds to specific advertising or system-development expenses.
  4. FY2023First statedAnnual report

    「The proceeds are scheduled to be used mainly for advertising expenses, including online advertising to promote new-customer acquisition and increase usage rates among existing customers in the platform and broadband businesses, and capital investment in system development to expand services and functions to improve convenience and profitability for users of those businesses.」

    The Company plans to use proceeds from the public offering to acquire customers, increase usage rates, and develop systems for existing businesses.
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Allocation of funds raised through listing to customer acquisition and service expansion | Excite Holdings Co.,Ltd. (5571) | Komori