Worth reading
54Recurring
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
900
¥ millionWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares and 9th Series Stock Acquisition Rights through a third-party allotment (this disclosure concerns a change in the use of funds raised through the existing new share issuance)
Amount of funds to be raised
Funds raised through the issuance of these new shares: ¥1,000 million; estimated net proceeds: Not disclosed
Specific use of funds
① Working capitalAmount ¥100 million / Scheduled timing of expenditures July 2026 to March 2027
④ Operating funds for the renewable energy businessAmount ¥900 million / Scheduled timing of expenditures July 2026 to June 2027
Terms of the stock acquisition rights
Number of Stock Acquisition Rights
Total number issued and unexercised balance of the 9th Series Stock Acquisition Rights: Not disclosed
Procedures under the Corporate Code of Conduct
Deliberated and resolved at the Board of Directors meeting held on 1 April 2026 by the attending directors and Audit & Supervisory Committee members, excluding Yoshikawa Motohiro (吉川元宏) and Kunimatsu Akira (國松晃), who have a special interest
Most recent equity financing
Timing 5 March 2026 / Type Issuance of new shares and 9th Series Stock Acquisition Rights through a third-party allotment / Amount Not disclosed
Impact on Business Performance
The impact on the Company's results is expected to be immaterial
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares and 9th Series Stock Acquisition Rights through a third-party allotment (this disclosure concerns a change in the use of funds raised through the existing new share issuance) |
| Amount of funds to be raised | Funds raised through the issuance of these new shares: ¥1,000 million; estimated net proceeds: Not disclosed |
| Specific use of funds | Details ① Working capital / Amount ¥100 million / Scheduled timing of expenditures July 2026 to March 2027, Details ④ Operating funds for the renewable energy business / Amount ¥900 million / Scheduled timing of expenditures July 2026 to June 2027 |
| Number of Stock Acquisition Rights | Total number issued and unexercised balance of the 9th Series Stock Acquisition Rights: Not disclosed |
| Procedures under the Corporate Code of Conduct | Deliberated and resolved at the Board of Directors meeting held on 1 April 2026 by the attending directors and Audit & Supervisory Committee members, excluding Yoshikawa Motohiro (吉川元宏) and Kunimatsu Akira (國松晃), who have a special interest |
| Most recent equity financing | Timing 5 March 2026 / Type Issuance of new shares and 9th Series Stock Acquisition Rights through a third-party allotment / Amount Not disclosed |
| Impact on Business Performance | The impact on the Company's results is expected to be immaterial |
Items this document does not state (21)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodTransfer 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.The exercise of the 9th Series Stock Acquisition Rights fell below the initial assumption due to the weak share price, delaying the securing of funds for growth investments, including the renewable energy business. In addition, ¥300 million in short-term loans receivable has been collected, and the original repayment plan for ¥600 million in borrowings has been reviewed.
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.