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Share Issuance and Disposal6787Meiko Electronics Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning the Acquisition and Cancellation of Series 1 Bond-Type Class Shares

The company resolved to acquire 70 First Series Bond-Type Class Shares from Development Bank of Japan Inc. for a total amount of more than ¥7 billion and to cancel all of the treasury shares acquired on the same day. The total number of issued common shares will remain unchanged.

Worth reading
39Recurring
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
7105460712
¥
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Acquisition and cancellation of bond-type class shares

Who receives how much

Acquisition: 70 shares; cancellation: 70 shares

Acquisition counterparty: Development Bank of Japan Inc. (70 shares)

The lower thin line represents the existing number of shares to which these shares will be added.

発行済株式総数

No change in the total number of issued common shares

No change in the total number of issued common shares

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.

Basis for determining the amount to be paid
Acquisition price per share: ¥101,506,581.60. Calculated in accordance with Article 9-5 of the Articles of Incorporation. Stock price benchmark, discount rate or premium rate: Not disclosed
Procedures under the Corporate Code of Conduct
Resolved at a Board of Directors meeting held on 21 July 2026
Most recent equity financing
Timing 25 October 2022 / Type Third-party allotment of First Series Bond-Type Class Shares / Amount Total amount: ¥7 billion
Impact on Business Performance
The impact on the company’s and its consolidated results is immaterial
Details of issuance or disposal
ItemDetails
Type of issuance or disposalAcquisition and cancellation of bond-type class shares
Number of shares to be issued or disposed ofAcquisition: 70 shares; cancellation: 70 shares
Intended allotteeAcquisition counterparty: Development Bank of Japan Inc. (70 shares)
Dilution RateNo change in the total number of issued common shares
Total number of issued sharesNo change in the total number of issued common shares
Basis for determining the amount to be paidAcquisition price per share: ¥101,506,581.60. Calculated in accordance with Article 9-5 of the Articles of Incorporation. Stock price benchmark, discount rate or premium rate: Not disclosed
Procedures under the Corporate Code of ConductResolved at a Board of Directors meeting held on 21 July 2026
Most recent equity financingTiming 25 October 2022 / Type Third-party allotment of First Series Bond-Type Class Shares / Amount Total amount: ¥7 billion
Impact on Business PerformanceThe impact on the company’s and its consolidated results is immaterial
Items this document does not state (19)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyExercise 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 reduce the payment burden associated with preferred dividends on the First Series Bond-Type Class Shares, as profitability and shareholders’ equity have steadily recovered and further improvement in profitability is expected thereafter.

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 Concerning the Acquisition and Cancellation of Series 1 Bond-Type Class Shares | Meiko Electronics Co.,Ltd. (6787) timely disclosure | Komori