Worth reading
52Recurring
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
2800
Millions of yenWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of preferred shares through a third-party allotment (change in the use of proceeds from the existing third-party allotment capital increase)
Specific use of funds
Restructuring costs for optimizing sites in North America, including expenses for expanding and relocating production facilitiesAmount ¥200 million / Scheduled timing of expenditures April 2025 to June 2025
Restructuring costs for optimizing sites in Japan, including expenses for expanding and relocating production facilitiesAmount ¥600 million / Scheduled timing of expenditures April 2026 to March 2027
Restructuring costs for optimizing sites in Europe, including expenses for expanding and relocating production facilitiesAmount ¥300 million, ¥1,600 million / Scheduled timing of expenditures September 2024 to March 2025, April 2025 to June 2025
Restructuring costs for optimizing sites in ASEAN, including expenses for expanding and relocating production facilitiesAmount ¥500 million / Scheduled timing of expenditures April 2026 to March 2027
Restructuring costs for optimizing sites in North America, including expenses for optimizing sites and expanding and relocating production facilities to accommodate increased production demand and improve productivityAmount ¥1,300 million / Scheduled timing of expenditures October 2026 to March 2028
Restructuring costs for sites in Japan, including expenses for improving the quality of new-vehicle launches and strengthening next-generation production technology developmentAmount ¥1,500 million / Scheduled timing of expenditures October 2026 to March 2028
Most recent equity financing
Third-party allotment capital increase dated 9 May 2024 (issuance of preferred shares): Amount not stated in this document
Impact on Business Performance
The impact of this change in the use of proceeds and planned expenditure period on the Company's business performance is expected to be minor.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of preferred shares through a third-party allotment (change in the use of proceeds from the existing third-party allotment capital increase) |
| Specific use of funds | Details Restructuring costs for optimizing sites in North America, including expenses for expanding and relocating production facilities / Amount ¥200 million / Scheduled timing of expenditures April 2025 to June 2025, Details Restructuring costs for optimizing sites in Japan, including expenses for expanding and relocating production facilities / Amount ¥600 million / Scheduled timing of expenditures April 2026 to March 2027, Details Restructuring costs for optimizing sites in Europe, including expenses for expanding and relocating production facilities / Amount ¥300 million, ¥1,600 million / Scheduled timing of expenditures September 2024 to March 2025, April 2025 to June 2025, Details Restructuring costs for optimizing sites in ASEAN, including expenses for expanding and relocating production facilities / Amount ¥500 million / Scheduled timing of expenditures April 2026 to March 2027, Details Restructuring costs for optimizing sites in North America, including expenses for optimizing sites and expanding and relocating production facilities to accommodate increased production demand and improve productivity / Amount ¥1,300 million / Scheduled timing of expenditures October 2026 to March 2028, Details Restructuring costs for sites in Japan, including expenses for improving the quality of new-vehicle launches and strengthening next-generation production technology development / Amount ¥1,500 million / Scheduled timing of expenditures October 2026 to March 2028 |
| Most recent equity financing | Third-party allotment capital increase dated 9 May 2024 (issuance of preferred shares): Amount not stated in this document |
| Impact on Business Performance | The impact of this change in the use of proceeds and planned expenditure period on the Company's business performance is expected to be minor. |
Items this document does not state (24)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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.To implement specific restructuring measures aimed at improving profitability and competitiveness, including optimizing the production system in North America and rebuilding the global new-vehicle production preparation system in Japan. For the ASEAN region, to extend the planned expenditure period.
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.