Funding for New Store Openings Through Listing and Capital Increases
First written in FY2024-Q3. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To secure a stable supply of funds necessary for business operations, the company primarily uses internal funds and finances any shortfall through borrowings from financial institutions. It also plans to consider equity financing as necessary, such as when making capital investments. The company's principal funding needs are expenses related to opening new stores. These needs are financed by funds raised through the public offering conducted at the time of the stock listing and internally generated funds from operating activities.」
The company has reaffirmed its policy of financing new store openings with operating cash flow in addition to funds raised through the public offering at the time of listing. - FY2025SoftenedAnnual report
「The company had planned to allocate all funds raised at the time of its listing on the Growth Market of the Tokyo Stock Exchange to capital expenditures for opening new stores, with ¥551 million allocated in the fiscal year ending January 2025 and ¥500 million in the fiscal year ending January 2026. However, in light of factors including slower-than-planned progress in opening new stores during the fiscal year ending January 2025, it decided to change the scheduled timing of expenditures.」
The use of the listing proceeds remains capital expenditures for opening new stores, but the planned allocation has been changed from ¥551 million in the fiscal year ending January 2025 and ¥500 million in the fiscal year ending January 2026 to ¥389 million in the fiscal year ending January 2025, ¥500 million in the fiscal year ending January 2026 and ¥162 million in the fiscal year ending January 2027. - FY2024RestatedAnnual report
「Cash provided by financing activities increased by ¥1,026.195 million, compared with no change in the previous fiscal year. The main source of the increase was ¥1,067.595 million in proceeds from the issuance of shares, while the main decrease was ¥41.4 million in dividend payments.」
The company has confirmed that funds raised through the public offering and private placement conducted in connection with the listing are being used primarily for costs related to opening new stores. - FY2024-Q3First statedAnnual report
「The company was listed on the Growth Market of the Tokyo Stock Exchange on 8 November 2023.」
The company issued 600,000 new shares through a public offering and plans to allocate the ¥444.36 million increase in capital and the ¥444.36 million increase in capital reserves to capital expenditures for opening new stores. It has indicated the same use of proceeds for the private placement.