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Share Issuance and Disposal6444SANDEN CORPORATIONMachinery

Notice Regarding the Determination of the Issue Price and Other Terms for the Issuance of New Shares by Third-Party Allotment

For the previously approved issuance of 740,000 new shares through a third-party allotment, the issue price was finalized at ¥178 per share and the amount of funds to be raised was finalized at ¥131,720,000. The payment date is 25 June 2026.

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Details of issuance or disposal

Issuance of new shares by third-party allotment

Who receives how much740,000Shares

740,000 common shares

1 director of the Company50,000 shares
5 executive officers of the Company400,000 shares
9 employees of the Company290,000 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

¥178 per share
Total issue value

¥131,720,000

Amount of funds to be raised
Total payment amount: ¥131,720,000; estimated net proceeds: Not disclosed
Categories and Number of Persons Covered
1 company director, 50,000 shares; 5 company executive officers, 400,000 shares; 9 company employees, 290,000 shares
Payment date
25 June 2026
Basis for determining the amount to be paid
¥178, the higher of the TSE closing price of ¥178 on the trading day immediately preceding the date of the issuance resolution, 13 May 2026, and the TSE closing price of ¥149 on the trading day immediately preceding the date on which the terms were determined, 21 May 2026. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
Filing of a securities registration statement under the Financial Instruments and Exchange Act
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares by third-party allotment
Number of shares to be issued or disposed of740,000 common shares
Issue price and disposal price¥178 per share
Total issue value¥131,720,000
Amount of funds to be raisedTotal payment amount: ¥131,720,000; estimated net proceeds: Not disclosed
Payment date25 June 2026
Intended allotteeName 1 director of the Company / Number of Shares 50,000 shares, Name 5 executive officers of the Company / Number of Shares 400,000 shares, Name 9 employees of the Company / Number of Shares 290,000 shares
Basis for determining the amount to be paid¥178, the higher of the TSE closing price of ¥178 on the trading day immediately preceding the date of the issuance resolution, 13 May 2026, and the TSE closing price of ¥149 on the trading day immediately preceding the date on which the terms were determined, 21 May 2026. No discount or premium rate is stated.
Categories and Number of Persons Covered1 company director, 50,000 shares; 5 company executive officers, 400,000 shares; 9 company employees, 290,000 shares
Procedures under the Corporate Code of ConductFiling of a securities registration statement under the Financial Instruments and Exchange Act
Items this document does not state (18)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor 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 Company explains that setting the issue price at the higher of the TSE closing price on the trading day immediately preceding the date of the issuance resolution and the TSE closing price on the trading day immediately preceding the date on which the terms were determined is a reasonable method that takes existing shareholders' interests into consideration. As it is equal to the market price, the issue price is not particularly favorable to the proposed allottees.

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.
Notice Regarding the Determination of the Issue Price and Other Terms for the Issuance of New Shares by Third-Party Allotment | SANDEN CORPORATION (6444) timely disclosure | Komori