Worth reading
44Recurring
Scored from 3 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
90
¥ millionWording
Definitive
How definitive the wording is.Details of issuance or disposal
Capital increase by subscription to the subsidiary (specific form of share issuance not stated)
Intended allottee
Our company (100% ownership interest)
Amount of funds to be raised
Capital increase amount: ¥90 million. Estimated net proceeds: Not disclosed
Offering structure
Major shareholders after the offering
Name IKUYO CO.,LTD. / Shareholding ratio 100％
Impact on Business Performance
The impact of this matter on results for the current fiscal year will be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Capital increase by subscription to the subsidiary (specific form of share issuance not stated) |
| Amount of funds to be raised | Capital increase amount: ¥90 million. Estimated net proceeds: Not disclosed |
| Intended allottee | Our company (100% ownership interest) |
| Major shareholders after the offering | Name IKUYO CO.,LTD. / Shareholding ratio 100％ |
| Impact on Business Performance | The impact of this matter on results for the current fiscal year will be immaterial. |
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesSpecific use of fundsPayment dateIntended 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 ConductMost recent equity financing
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 strengthen the subsidiary's business foundation, financial foundation and external creditworthiness following the absorption-type company split. The capital increase will also strengthen the capital structure and governance framework in preparation for initiatives in next-generation mobility, particularly in the EV and autonomous driving fields, and a potential future listing on the U.S. capital markets.
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.