Komori
Share Issuance and Disposal6890Ferrotec CorporationElectrical Equipment and Precision Instruments

Notice Concerning the Adjustment of the Conversion Price of the Euro-Yen Convertible Bonds with Stock Acquisition Rights Due 2028

As the year-end dividend on common shares was determined, the conversion price of the issued Euro-Yen Convertible Bonds with Stock Acquisition Rights Due 2028 was reduced from ¥3,592.9 to ¥3,550.5. No bonds are currently outstanding, but some bondholders whose bonds were converted in the past may become entitled to receive additional shares or other consideration.

Worth reading
42Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
42.4
Reduction in the conversion price in yen per share
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Adjustment of the conversion price for convertible bonds with stock acquisition rights

Details of issuance or disposal
ItemDetails
Type of issuance or disposalAdjustment of the conversion price for convertible bonds with stock acquisition rights
Items this document does not state (27)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment 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 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.

At the shareholders meeting held on 26 June 2026, a proposal to pay a year-end dividend of ¥74 per common share was approved, triggering application of the conversion price adjustment provisions.

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 Adjustment of the Conversion Price of the Euro-Yen Convertible Bonds with Stock Acquisition Rights Due 2028 | Ferrotec Corporation (6890) timely disclosure | Komori