Difficulty in Raising Funds Due to Slow Progress in the Exercise of Stock Acquisition Rights
First written in FY2024-Q2. 2 of 4 entries say "Mitigated", first in FY2025-H1. Latest entry: FY2025.
2 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Decrease of 265,000 shares through the exercise of the 6th Series Stock Acquisition Rights」
All 265,000 outstanding shares under the 6th Series Stock Acquisition Rights were exercised, reducing the risk of difficulty in raising the planned funds due to limited exercise. - FY2025-H1MitigatedAnnual report
「The main factor behind the increase was ¥105.540 million in proceeds from the issuance of shares upon exercise of stock acquisition rights. The main factors behind the decrease were ¥339.662 million in repayments of long-term borrowings and a ¥120 million decrease in short-term borrowings.」
The company stated that the risk of difficulty in raising funds due to limited exercise had been partly reduced because progress in exercising the stock acquisition rights generated ¥105.540 million in proceeds from the issuance of shares. - FY2024-Q3RestatedAnnual report
「By their nature, stock acquisition rights may not be exercised when the exercise price exceeds the market share price. If such conditions persist, the company may have difficulty raising funds in line with its funding needs. In that event, it will need to change the use of funds and its breakdown, while considering additional financing and other measures.」
The company reiterated the risk of difficulty in raising funds due to limited exercise of stock acquisition rights, together with the response measures of changing the use of funds and considering additional financing. - FY2024-Q2First statedAnnual report
「By their nature, stock acquisition rights may not be exercised when the exercise price exceeds the market share price. If such conditions persist, the company may have difficulty raising funds in line with its funding needs. In that event, it will need to change the use of funds and its breakdown, while considering additional financing and other measures.」
The company newly disclosed the risk that, if the exercise price of the stock acquisition rights exceeds the market share price, exercise may not progress and it may be difficult to raise funds in line with planned funding needs. Changes to the use of funds and consideration of additional financing were identified as response measures.