Komori
Treasury Stock6996NICHICON CORPORATIONElectrical Equipment and Precision Instruments

Supplementary Explanatory Materials Regarding the Issuance of Euro-Yen Convertible Bonds and Share Repurchase

NICHICON CORPORATION plans to use part of the proceeds from the issuance of Euro-yen convertible bonds to acquire treasury shares through ToSTNeT-3, with an upper limit of approximately ¥5 billion. The acquisition is scheduled for 3 September 2026, the day after the resolution date for the issuance.

Worth reading
54Recurring
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
50
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Resolution on acquisition limit

Resolved 2 September 2026 (Wednesday)Off-auction purchase (ToSTNeT-3)
Total acquisition priceUp to ¥5 billion
Reason for acquisition

To mitigate the short-term negative impact on the supply and demand of the Company's shares resulting from the issuance of these convertible bonds, while improving capital efficiency, enabling flexible capital policy management and enhancing shareholder returns.

Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredCommon shares
Total acquisition priceUp to ¥5 billion
Method of acquisitionOff-auction purchase (ToSTNeT-3)
Reason for acquisitionTo mitigate the short-term negative impact on the supply and demand of the Company's shares resulting from the issuance of these convertible bonds, while improving capital efficiency, enabling flexible capital policy management and enhancing shareholder returns.
Resolution date2 September 2026 (Wednesday)
Items this document does not state (11)
Maximum number of shares to be acquiredPercentage of total issued sharesAcquisition periodNumber of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementCurrent number of treasury sharesTotal number of issued sharesChange in acquisition periodChange in acquisition limit

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 mitigate the short-term negative impact on the supply and demand of the Company's shares resulting from the issuance of these convertible bonds, while improving capital efficiency, enabling flexible capital policy management and enhancing shareholder returns.

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.
Supplementary Explanatory Materials Regarding the Issuance of Euro-Yen Convertible Bonds and Share Repurchase | NICHICON CORPORATION (6996) timely disclosure | Komori