Worth reading
71In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
18144000000
Yen (total public offering issue price)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares through a public offering (domestic offering), Issuance of new shares through a third-party allotment, Offering of shares (over-allotment offering)
発行・処分する株式数
Public offering 7,000,000 shares / Third-party allotment Up to 1,050,000 shares / Secondary offering Up to 1,050,000 shares
Public offering issue price ¥2,592 per share / Public offering payment amount ¥2,484 per share / Private placement payment amount ¥2,484 per share / Offering price ¥2,592 per share
Total issue value
Public offering ¥18,144,000,000 / Third-party allotment Not disclosed / Secondary offering ¥2,721,600,000
Amount of funds to be raised
Total payment amount Public offering: ¥17,388,000,000; private placement: up to ¥2,608,200,000 / Estimated net proceeds Total estimated net proceeds of up to ¥19,889,200,000
Specific use of funds
Part of the capital expenditures for sponge titanium manufacturing equipment at the head office and Amagasaki Plant, to increase sponge titanium production capacityAmount The full amount of the total estimated net proceeds of up to ¥19,889,200,000 from the general offering and private placement / Scheduled timing of expenditures By the end of March 2028
Offering structure
Overallotment
Number of shares offered Up to 1,050,000 shares / Maximum number of shares in a third-party allotment Up to 1,050,000 shares
Payment date
Public offering 9 September 2026 (Wednesday) / Third-party allotment 29 September 2026 (Tuesday)
Basis for determining the amount to be paid
Based on the closing price of ¥2,700 on 1 September 2026, applying a 4.00% discount. The issue price and offering price are ¥2,592, and the payment amount is ¥2,484.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares through a public offering (domestic offering), Issuance of new shares through a third-party allotment, Offering of shares (over-allotment offering) |
| Number of shares to be issued or disposed of | Public offering 7,000,000 shares / Third-party allotment Up to 1,050,000 shares / Secondary offering Up to 1,050,000 shares |
| Issue price and disposal price | Public offering issue price ¥2,592 per share / Public offering payment amount ¥2,484 per share / Private placement payment amount ¥2,484 per share / Offering price ¥2,592 per share |
| Total issue value | Public offering ¥18,144,000,000 / Third-party allotment Not disclosed / Secondary offering ¥2,721,600,000 |
| Amount of funds to be raised | Total payment amount Public offering: ¥17,388,000,000; private placement: up to ¥2,608,200,000 / Estimated net proceeds Total estimated net proceeds of up to ¥19,889,200,000 |
| Specific use of funds | Details Part of the capital expenditures for sponge titanium manufacturing equipment at the head office and Amagasaki Plant, to increase sponge titanium production capacity / Amount The full amount of the total estimated net proceeds of up to ¥19,889,200,000 from the general offering and private placement / Scheduled timing of expenditures By the end of March 2028 |
| Payment date | Public offering 9 September 2026 (Wednesday) / Third-party allotment 29 September 2026 (Tuesday) |
| Basis for determining the amount to be paid | Based on the closing price of ¥2,700 on 1 September 2026, applying a 4.00% discount. The issue price and offering price are ¥2,592, and the payment amount is ¥2,484. |
| Overallotment | Number of shares offered Up to 1,050,000 shares / Maximum number of shares in a third-party allotment Up to 1,050,000 shares |
Items this document does not state (19)
Estimated issuance expensesIntended allotteeIntended 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 have been determined for the issuance of new shares and offering of shares approved by the Board of Directors on 25 August 2026. The funds raised are expected to be allocated in part to capital expenditures for manufacturing equipment at the head office and Amagasaki Plant to increase sponge titanium production capacity.
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.