Komori
Share Issuance and Disposal6857ADVANTEST CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Determination of the Terms and Conditions, etc. of Yen-Denominated Convertible Bonds with Stock Acquisition Rights Due 2031

The issue terms, including the conversion price, have been determined for the Euro-Yen convertible bonds with stock acquisition rights due 2031, the issuance of which had already been approved. The conversion price is ¥36,000.

Worth reading
42Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1000
¥100 million (aggregate principal amount of bonds)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of convertible bonds with stock acquisition rights (CBs)

発行済株式総数

0.38% (ratio of potential shares to the latest total number of issued shares, excluding treasury 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.

Terms of the stock acquisition rights
Exercise price
Conversion price: ¥36,000. Adjustment provisions: Not disclosed
Exercise period
From 4 May 2026 through the close of business on 14 March 2031, subject to exceptions in cases such as the stated early redemption
Payment date
20 April 2026 (London time)
Basis for determining the amount to be paid
Conversion price: ¥36,000. A 60.00% premium to the closing price of ¥22,500 on the date the issue terms were determined, 1 April 2026
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of convertible bonds with stock acquisition rights (CBs)
Payment date20 April 2026 (London time)
Dilution Rate0.38% (ratio of potential shares to the latest total number of issued shares, excluding treasury shares)
Basis for determining the amount to be paidConversion price: ¥36,000. A 60.00% premium to the closing price of ¥22,500 on the date the issue terms were determined, 1 April 2026
Exercise priceConversion price: ¥36,000. Adjustment provisions: Not disclosed
Exercise periodFrom 4 May 2026 through the close of business on 14 March 2031, subject to exceptions in cases such as the stated early redemption
Items this document does not state (22)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allotteeIntended allottee's holding policyTotal number of issued sharesNumber 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 ConductMost 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 issue terms and other matters have been determined for the convertible bonds with stock acquisition rights approved by the Board of Directors on 1 April 2026.

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 Terms and Conditions, etc. of Yen-Denominated Convertible Bonds with Stock Acquisition Rights Due 2031 | ADVANTEST CORPORATION (6857) timely disclosure | Komori