Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
10
Hundreds of millions of yenWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of the 13th unsecured straight bonds
Intended allottee
Name カタリスト株式会社 / Number of Shares Not disclosed
Total issue value
¥1 billion
Amount of funds to be raised
Total amount paid in: ¥1 billion; estimated net proceeds: Not disclosed
Specific use of funds
Funds for acquiring a silent partnership equity interest in a grid-scale battery storage businessScheduled timing of expenditures 30 June 2026
発行済株式総数
No increase
No equity dilution will occur
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Payment date
30 June 2026
Procedures under the Corporate Code of Conduct
The matter was deliberated and resolved by the Board of Directors, including independent officers. The Internal Control System Enhancement Committee, comprising 1 outside attorney and 1 certified public accountant, has confirmed the necessity of issuing these bonds and the reasonableness of the transaction terms, among other matters.
Most recent equity financing
Timing Announced on 29 June 2026 / Type Third-party allotment of First Series Unsecured Convertible Bonds with Stock Acquisition Rights / Amount Total amount: ¥5 billion
Impact on Business Performance
The specific impact on consolidated results for the fiscal year ending March 2027 is currently under review
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of the 13th unsecured straight bonds |
| Issue price and disposal price | ¥100 per ¥100 of face value |
| Total issue value | ¥1 billion |
| Amount of funds to be raised | Total amount paid in: ¥1 billion; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Funds for acquiring a silent partnership equity interest in a grid-scale battery storage business / Amount Not disclosed / Scheduled timing of expenditures 30 June 2026 |
| Payment date | 30 June 2026 |
| Intended allottee | Name カタリスト株式会社 / Number of Shares Not disclosed |
| Dilution Rate | No equity dilution will occur |
| Total number of issued shares | No increase |
| Procedures under the Corporate Code of Conduct | The matter was deliberated and resolved by the Board of Directors, including independent officers. The Internal Control System Enhancement Committee, comprising 1 outside attorney and 1 certified public accountant, has confirmed the necessity of issuing these bonds and the reasonableness of the transaction terms, among other matters. |
| Most recent equity financing | Timing Announced on 29 June 2026 / Type Third-party allotment of First Series Unsecured Convertible Bonds with Stock Acquisition Rights / Amount Total amount: ¥5 billion |
| Impact on Business Performance | The specific impact on consolidated results for the fiscal year ending March 2027 is currently under review |
Items this document does not state (16)
Number of shares to be issued or disposed ofEstimated issuance expensesIntended allottee's holding policyBasis 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 RatioMajor 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 capitalize on growth investment opportunities in the grid-scale battery storage business and achieve early monetization and expand the business base through investment in projects that are already under development or in operation. In addition, to secure the funds for the acquisition of a specific project reliably and flexibly within a short period.
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.