Details of issuance or disposal
Issuance of new shares through a public offering (domestic offering), Disposal of treasury shares through a public offering, Secondary offering of shares (secondary offering through purchase and underwriting by the underwriters), Secondary offering (secondary offering through over-allotment), Issuance of new shares through a third-party allotment (the third-party allotment)
Public offering of new shares 2,000,000 shares / Public offering of treasury shares 700,000 shares / Over-allotment offering 540,000 shares / Issuance of new shares through a third-party allotment Up to 540,000 shares
Public offering of new shares: ¥4,098,000,000 (total offering price)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares through a public offering (domestic offering), Disposal of treasury shares through a public offering, Secondary offering of shares (secondary offering through purchase and underwriting by the underwriters), Secondary offering (secondary offering through over-allotment), Issuance of new shares through a third-party allotment (the third-party allotment) |
| Number of shares to be issued or disposed of | Public offering of new shares 2,000,000 shares / Public offering of treasury shares 700,000 shares / Over-allotment offering 540,000 shares / Issuance of new shares through a third-party allotment Up to 540,000 shares |
| Issue price and disposal price | Public offering of new shares: ¥1,949.82 per share (payment amount), Public offering of treasury shares: ¥1,949.82 per share (payment amount), Issuance of new shares through a third-party allotment: ¥1,949.82 per share (payment amount) |
| Total issue value | Public offering of new shares: ¥4,098,000,000 (total offering price) |
| Amount of funds to be raised | Total payment amount: ¥3,899,640,000 from the public offering of new shares, ¥1,364,874,000 from the public offering of treasury shares, and up to ¥1,052,902,800 from the third-party allotment. Total estimated net proceeds from the general offering and the third-party allotment: up to ¥6,283,112,800 |
| Specific use of funds | Details Acquisition of production facilities and investment in production facilities for the precision components business / Amount ¥2,000,000,000 / Scheduled timing of expenditures By August 2028, Details Production facilities and factory renovation for the functional materials business / Amount ¥1,500,000,000 / Scheduled timing of expenditures By August 2028, Details Repayment of Long-Term Borrowings / Amount ¥2,783,112,800 / Scheduled timing of expenditures By August 2027 |
| Payment date | Public offering of new shares and public offering of treasury shares: 25 May 2026, Issuance of new shares through a third-party allotment: 22 June 2026 |
| Intended allottee | Public offering: unspecified investors. Third-party allotment: Not disclosed |
| Basis for determining the amount to be paid | A 7.03% discount to the closing price of ¥2,204 on the pricing reference date, 18 May 2026 |
| Overallotment | 540,000 shares offered through the over-allotment and up to 540,000 shares through the third-party allotment |
Items this document does not state (18)
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 offering price, disposal price and selling price, among other terms, have been determined. The funds raised are expected to be used for capital expenditures in the Precision Components Business and Functional Materials Business, as well as repayment of long-term borrowings.