Capital Strengthening through a Public Offering, Disposal of Treasury Shares, and Third-Party Allotment
First written in FY2019-Q2. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2021-Q2.
2 other companies' latest entry also says "Other".
- FY2021-Q2Changes in Use of ProceedsAnnual report
「Of the remaining ¥831 million, the planned use of funds was changed from the originally intended investment and financing for establishing a new company in Europe for special bearings for wind power generation and constructing a plant. The full amount is scheduled to be allocated by April 2021 to capital expenditures to strengthen and expand the core sales and production-control systems.」
Of the funds raised through the 2018 public offering and other measures, the use of ¥831 million was changed from funding a new company and plant for special bearings for wind power generation in Europe to funding sales and production-control systems. - FY2019-Q2AchievedAnnual report
「The Company conducted a public offering and disposal of treasury shares with a payment date of 6 September 2018, as well as a third-party allotment associated with an over-allotment offering with a payment date of 26 September 2018. As a result, during the cumulative second quarter of the current consolidated fiscal period, share capital increased by ¥1,140 million, capital surplus increased by ¥4,292 million and treasury shares decreased by ¥1,422 million. At the end of the current second quarter consolidated accounting period, share capital was ¥8,413 million, capital surplus was ¥13,114 million and treasury shares were ¥0 million.」
The Company conducted a public offering, disposal of treasury shares and third-party allotment in September 2018, increasing share capital and capital surplus and reducing treasury shares.