Details of issuance or disposal
Issuance of shares through a debt-to-equity swap involving part of the loans to a consolidated subsidiary (capital increase)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of shares through a debt-to-equity swap involving part of the loans to a consolidated subsidiary (capital increase) |
| Payment date | 30 June 2026 (scheduled) |
| Intended allottee | The Company (100% ownership interest after the capital increase) |
| Major shareholders after the offering | Name The Company / Shareholding ratio 100% |
| Impact on Business Performance | The impact of this DES on the Company's consolidated results for the fiscal year ending March 2027 is expected to be immaterial. If any matters requiring disclosure arise, the Company will disclose them promptly. |
Items this document does not state (23)
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.As inflation in the United States has driven up labor, energy and other costs, manufacturing costs have increased and the subsidiary continues to operate in a challenging business environment. The DES will reduce the subsidiary's debt and strengthen its financial position.