Worth reading
59In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
180
million yenWording
Conditional
How definitive the wording is.Details of issuance or disposal
Amount of funds to be raised
Net proceeds from financing: ¥363 million; unallocated amount: ¥163 million
Specific use of funds
Working capital (to cover operating losses)Amount ¥420 million / Scheduled timing of expenditures October 2026 to October 2028
Repayment of ordinary bondsAmount ¥200 million (the amount planned to be raised going forward after the change is ¥0 million) / Scheduled timing of expenditures April 2026 to April 2026 (expenditure completed)
New-store opening costs for the reuse businessAmount ¥38 million / Scheduled timing of expenditures April 2026 to March 2029
Funds for loans to equity-method affiliatesAmount 180 million yen / Scheduled timing of expenditures October 2026 to December 2027
Most recent equity financing
Issuance and exercise through a third-party allotment of new shares and the 14th and 15th stock acquisition rights disclosed on 26 February 2026 (net proceeds from financing: ¥363 million)
Impact on Business Performance
The impact of this change in the use of funds on the Company's results is expected to be minor.
| Item | Details |
|---|---|
| Amount of funds to be raised | Net proceeds from financing: ¥363 million; unallocated amount: ¥163 million |
| Specific use of funds | Details Working capital (to cover operating losses) / Amount ¥420 million / Scheduled timing of expenditures October 2026 to October 2028, Details Repayment of ordinary bonds / Amount ¥200 million (the amount planned to be raised going forward after the change is ¥0 million) / Scheduled timing of expenditures April 2026 to April 2026 (expenditure completed), Details New-store opening costs for the reuse business / Amount ¥38 million / Scheduled timing of expenditures April 2026 to March 2029, Details Funds for loans to equity-method affiliates / Amount 180 million yen / Scheduled timing of expenditures October 2026 to December 2027 |
| Most recent equity financing | Issuance and exercise through a third-party allotment of new shares and the 14th and 15th stock acquisition rights disclosed on 26 February 2026 (net proceeds from financing: ¥363 million) |
| Impact on Business Performance | The impact of this change in the use of funds on the Company's results is expected to be minor. |
Items this document does not state (24)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated 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.To provide the working capital required to conduct the business of RedstartENM Inc., which is expected to newly become an equity-method affiliate. The planned timing of working capital expenditures was also changed to address changes in funding requirements associated with the new development of the ARTBOX and POCA i businesses.
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.