Issuance of Convertible Bonds to Accelerate the Medium-Term Management Plan and Strengthen Competitiveness
First written in FY2016. 4 of 6 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2021.
22 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「The decrease of 195,225 in the number of ordinary treasury shares resulted from the conversion of bonds with stock acquisition rights.」
Conversion equivalent to 195,225 shares progressed during the year for the convertible bonds with stock acquisition rights issued in 2016. The balance was ¥856 million at the end of March 2021. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 November 2020, the Company resolved to redeem early, at 100% of their principal amount, all outstanding convertible bonds with stock acquisition rights, denominated in euro-yen and subject to an acquisition clause with a cap on the number of shares delivered, due in 2021 and issued on 1 April 2016, after the conditions of the cleanup provision set out in the terms of the bonds had been satisfied.」
The conditions of the cleanup provision for the convertible bonds with stock acquisition rights issued in 2016 were satisfied, and on 5 November 2020 the Company resolved to redeem the entire outstanding amount early, which had a principal amount of ¥2.97 billion as of that date. The redemption date was set for 21 December 2020. - FY2019AdvancedAnnual report
「The ¥200 billion in convertible bonds with stock acquisition rights issued in April 2016 to fund growth investments in India and elsewhere were increasingly acquired following the rise in the share price last August, and had declined to ¥11.5 billion at the end of the current consolidated fiscal year.」
The ¥200 billion in convertible bonds issued to fund growth investments in India and elsewhere were increasingly acquired, reducing the balance at fiscal year-end to ¥11.5 billion. - FY2019-Q3AdvancedAnnual report
「As of the end of the third quarter of the current consolidated accounting period, total assets stood at ¥3.2215 trillion, down ¥119.3 billion from the end of the previous fiscal year, liabilities stood at ¥1.5289 trillion, down ¥216.7 billion, and net assets stood at ¥1.6926 trillion, up ¥97.4 billion, mainly because the conversion of convertible bonds with stock acquisition rights progressed.」
As the conversion of the issued convertible bonds with stock acquisition rights progressed, liabilities at the end of the third quarter of the current accounting period decreased by ¥216.7 billion from the end of the previous fiscal year, while net assets increased by ¥97.4 billion. - FY2017-Q1AchievedAnnual report
「At the end of the first quarter consolidated accounting period under review, total assets were ¥2.7119 trillion, up ¥9.8 billion from the end of the previous fiscal year. Total liabilities were ¥1.5787 trillion, up ¥64.4 billion, mainly because the company issued ¥200 billion in convertible bonds to fund strategic investments to strengthen the competitiveness of the group, centered on the Gujarat project in India.」
The planned issuance of a total of ¥200 billion in convertible bonds due in 2021 and 2023 was completed. The disclosure indicates that the proceeds are to be allocated to strategic investments, but does not state that the investments themselves have been completed. - FY2016First statedAnnual report
「Use of proceeds: The proceeds are scheduled to be allocated to strategic investments to accelerate the medium-term management plan and strengthen the competitiveness of the Group.」
The company issued ¥100 billion each of convertible bonds due in 2021 and 2023 and plans to allocate the proceeds to strategic investments.