Fundraising Through Third-Party Allotment Stock Acquisition Rights
First written in FY2017. 3 of 5 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018AchievedAnnual report
「Number of convertible bonds with stock acquisition rights subject to exercise during the period (units) 29,000 Number of shares delivered upon exercise during the period (shares) 2,900,000 Funds raised through exercises during the period (¥ thousands) 3,279,300」
All 29,000 of the 2nd Stock Acquisition Rights were exercised, raising ¥3,279 million through the disposal of 2.9 million treasury shares. Fundraising for the shares originally covered by the rights has been completed. - FY2018-Q3AdvancedAnnual report
「Cash flows from financing activities included cash outflows such as ¥3,220 million for repayment of short-term borrowings and ¥495 million in dividend payments, but also cash inflows such as ¥3,279 million from the disposal of treasury shares upon exercise of Stock Acquisition Rights, resulting in a net cash outflow of ¥495 million.」
Proceeds from the disposal of treasury shares upon exercise of Stock Acquisition Rights totaled ¥3,279 million for the cumulative first three quarters, indicating progress in fundraising from the previous quarter. - FY2018-Q2AdvancedAnnual report
「Cash flows from financing activities included cash outflows such as ¥2,766 million for repayment of short-term borrowings and ¥226 million in dividend payments, but also cash inflows such as ¥3,279 million from the disposal of treasury shares upon exercise of Stock Acquisition Rights, resulting in a net cash inflow of ¥247 million.」
Proceeds from the disposal of treasury shares upon exercise of Stock Acquisition Rights totaled ¥3,279 million for the cumulative first half, indicating progress in fundraising from the previous quarter. - FY2018-Q1AdvancedAnnual report
「Cash flows from financing activities included cash outflows such as ¥227 million in dividend payments, but also cash inflows such as ¥2,291 million from the disposal of treasury shares upon exercise of Stock Acquisition Rights, resulting in a net cash inflow of ¥2,042 million.」
Of the third-party allotment Stock Acquisition Rights, 20,000 were exercised in the first quarter, raising ¥2,291 million through the disposal of 2 million treasury shares. A further 9,000 were exercised from 1 July to 18 July after the filing, and an additional 900,000 treasury shares were disposed of. - FY2017First statedAnnual report
「The total number of shares underlying these Stock Acquisition Rights is 2,900,000 (9.78% of the number of shares issued as of the date of the issuance resolution).」
In March 2017, the company issued the 2nd Stock Acquisition Rights and began raising funds against a maximum of 2.9 million shares, equivalent to 9.78% of shares outstanding. The filing also states that 20,000 rights had been exercised by the filing date and 2 million treasury shares had been disposed of.