Worth reading
63In focus
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
39.69
¥100 million (reduction in Use of Proceeds ①)Wording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Issuance of new shares by third-party allotment
Specific use of funds
Capital expenditures for constructing a new technology development building and renovating the showroom related to semiconductor manufacturing equipment and machine toolsAmount ¥1,731 million / Scheduled timing of expenditures August 2024 to March 2027
Research and development investment for developing new next-generation modelsAmount ¥1,500 million / Scheduled timing of expenditures August 2024 to March 2026 (allocated)
Construction of an automated warehouse building to continuously provide high value-added products and services related to semiconductor manufacturing equipment and machine toolsAmount ¥1,606 million / Scheduled timing of expenditures June 2024 to February 2026 (allocated)
Equipment upgrades and new capital investment at 大和工機株式会社 to increase production capacity for semiconductor manufacturing equipment
Capital expenditures and renovation costs, among other expenses, to enhance the laboratory functions of the technology development building under ① and use it as a base for the people strategy (planned)Amount Undecided / Scheduled timing of expenditures Undecided
Use of funds based on the future business environment and the Group's growth strategy (details undetermined)Amount Undecided / Scheduled timing of expenditures Undecided
Most recent equity financing
Timing 22 May 2024 / Type Issuance of new shares by third-party allotment / Amount Not disclosed
Impact on Business Performance
The Company expects the changes to the amount and scheduled expenditure timing for the use of proceeds to have a minor impact on results for the current fiscal year.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares by third-party allotment |
| Specific use of funds | Details Capital expenditures for constructing a new technology development building and renovating the showroom related to semiconductor manufacturing equipment and machine tools / Amount ¥1,731 million / Scheduled timing of expenditures August 2024 to March 2027, Details Research and development investment for developing new next-generation models / Amount ¥1,500 million / Scheduled timing of expenditures August 2024 to March 2026 (allocated), Details Construction of an automated warehouse building to continuously provide high value-added products and services related to semiconductor manufacturing equipment and machine tools / Amount ¥1,606 million / Scheduled timing of expenditures June 2024 to February 2026 (allocated), Details Equipment upgrades and new capital investment at 大和工機株式会社 to increase production capacity for semiconductor manufacturing equipment / Amount Not disclosed / Scheduled timing of expenditures Not disclosed, Details Capital expenditures and renovation costs, among other expenses, to enhance the laboratory functions of the technology development building under ① and use it as a base for the people strategy (planned) / Amount Undecided / Scheduled timing of expenditures Undecided, Details Use of funds based on the future business environment and the Group's growth strategy (details undetermined) / Amount Undecided / Scheduled timing of expenditures Undecided |
| Most recent equity financing | Timing 22 May 2024 / Type Issuance of new shares by third-party allotment / Amount Not disclosed |
| Impact on Business Performance | The Company expects the changes to the amount and scheduled expenditure timing for the use of proceeds to have a minor impact on results for the current fiscal year. |
Items this document does not state (24)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise 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 underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offering
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 plan was changed from purchasing and constructing new real estate to acquiring and renovating existing real estate, which reduced capital investment costs. The scheduled expenditure timing was also changed because the manufacturing and delivery period for equipment already ordered exceeded expectations. In addition, it was determined that 大和工機 could carry out the minimum necessary equipment upgrades using its own funds.
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.