Use of IPO Proceeds for Technical Center and Quality Control Investments
First written in FY2023. 4 of 6 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2025.
2 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「We invested ¥62.762 million in upgrading the quality control system and ¥10.155 million in expanding the head office space.」
Regarding the planned use of IPO proceeds for expanding the Technical Center and updating the quality control system, the upgrade of the quality control system has reached the execution stage following the facility investment. - FY2025-H1AdvancedAnnual report
「Cash used in investing activities was ¥151.820 million, compared with ¥50.141 million used in the previous year. This was mainly due to ¥87.209 million spent on relocating the Technical Center and ¥41.994 million spent on updating the quality control system.」
Spending was incurred on relocating the Technical Center and updating the quality control system, bringing the planned facility and system investments into the execution phase. - FY2024AdvancedAnnual report
「Of the funds raised, ¥114.215 million was allocated during the fiscal year to capital expenditures for the expansion of the Technical Center. The funds are also scheduled to be allocated to capital expenditures for updating the quality control system, planned for the following fiscal year.」
Allocation of IPO proceeds to the expansion of the Technical Center has been completed, while the planned allocation to updating the quality control system remains in place. - FY2024-Q3AdvancedAnnual report
「This was mainly because property, plant and equipment increased by ¥31.590 million due to the recording of leased assets associated with the introduction of smart glasses, and investments and other assets increased by ¥58.728 million due to the recording of security deposits related to the relocation of the Technical Center, despite a ¥3.439 million decrease in intangible assets as amortisation progressed.」
Asset recognition progressed in connection with the introduction of smart glasses and the relocation of the Technical Center, reflecting the planned investments in operating efficiency and facilities in the financial position. - FY2024-Q2AdvancedAnnual report
「Cash used in investing activities was ¥50.141 million. This was mainly due to ¥6.576 million spent on the acquisition of property, plant and equipment, including replacement of aging servers for the internal core system; ¥13.244 million spent on the acquisition of intangible assets, including preparations to replace the quality control system; and ¥30.902 million in security deposits paid in connection with the relocation of the Technical Center.」
Spending was incurred on replacing servers for the internal core system, preparing to replace the quality control system and relocating the Technical Center, bringing the planned capital and system investments into the execution phase. - FY2023First statedAnnual report
「The funds raised are scheduled to be used for capital expenditures to expand the Technical Center and to update the quality control system, both planned for the following fiscal year.」
The company plans to allocate ¥161.920 million raised through a public offering to the expansion of the Technical Center and the updating of the quality control system in 2024.