Worth reading
70In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
800
¥ millionWording
Conditional
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 for enhancing the laboratory functions of the technology development building in ① and utilizing it as a base for the human resources strategyAmount ¥800 million / Scheduled timing of expenditures July 2026 to March 2028
Use of funds based on the future business environment and the Group's growth strategy (details undetermined)Amount ¥3,969 million / Scheduled timing of expenditures Undecided
Most recent equity financing
22 May 2024: Capital and business alliance and issuance of new shares through a third-party allotment (the issue amount is not stated in this document)
Impact on Business Performance
The impact on current fiscal-year results from the changes in the amount and scheduled expenditure timing of the use of proceeds is expected to be immaterial.
| 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 for enhancing the laboratory functions of the technology development building in ① and utilizing it as a base for the human resources strategy / Amount ¥800 million / Scheduled timing of expenditures July 2026 to March 2028, Details Use of funds based on the future business environment and the Group's growth strategy (details undetermined) / Amount ¥3,969 million / Scheduled timing of expenditures Undecided |
| Most recent equity financing | 22 May 2024: Capital and business alliance and issuance of new shares through a third-party allotment (the issue amount is not stated in this document) |
| Impact on Business Performance | The impact on current fiscal-year results from the changes in the amount and scheduled expenditure timing of the use of proceeds is expected to be immaterial. |
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 Company has conducted internal discussions regarding the utilization policy for the technology development building and the necessary functional enhancements, and has therefore determined the specific details of the renovation work and related matters. For the remaining funds, the Company continues to consider their use in light of the future business environment and the growth strategy of the Group.
How to read this page
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