Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
100
Hundreds of millions of yenWording
Conditional
How definitive the wording is.Details of issuance or disposal
Determination of terms of issue for unsecured perpetual subordinated bonds offered by way of public offering
Intended allottee
Public offering, primarily to institutional investors
Specific use of funds
Part of the funds for the optional redemption of the 4th Series Unsecured Perpetual Bonds with provisions for deferral of interest payments and optional redemption, subject to subordination in liquidation-type insolvency proceedingsAmount Entire amount / Scheduled timing of expenditures 31 August 2026
Offering structure
Underwriter / lead underwriter
Mizuho Securities Co., Ltd. (administrative lead manager)Nomura Securities Co., Ltd. (joint lead manager)SMBC Nikko Securities Inc. (joint lead manager)
Payment date
4 June 2026
Most recent equity financing
4th Series Unsecured Perpetual Bonds with provisions for deferral of interest payments and optional redemption, subject to subordination in liquidation-type insolvency proceedings, scheduled for optional redemption on 31 August 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Determination of terms of issue for unsecured perpetual subordinated bonds offered by way of public offering |
| Specific use of funds | Details Part of the funds for the optional redemption of the 4th Series Unsecured Perpetual Bonds with provisions for deferral of interest payments and optional redemption, subject to subordination in liquidation-type insolvency proceedings / Amount Entire amount / Scheduled timing of expenditures 31 August 2026 |
| Payment date | 4 June 2026 |
| Intended allottee | Public offering, primarily to institutional investors |
| Underwriter / lead underwriter | Mizuho Securities Co., Ltd. (administrative lead manager), Nomura Securities Co., Ltd. (joint lead manager), SMBC Nikko Securities Inc. (joint lead manager) |
| Most recent equity financing | 4th Series Unsecured Perpetual Bonds with provisions for deferral of interest payments and optional redemption, subject to subordination in liquidation-type insolvency proceedings, scheduled for optional redemption on 31 August 2026 |
Items this document does not state (22)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesIntended 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 CompensationOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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 terms of issue have been determined for the issuance of the 6th Series Unsecured Perpetual Subordinated Bonds announced on 1 May 2026. The proceeds are expected to be used to fund part of the optional redemption of the 4th Series Perpetual Subordinated Bonds on 31 August 2026.
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.