Details of issuance or disposal
Issuance of new shares through a third-party allotment
Shares decided for issuance on this occasion: 500 common shares. Maximum issuance: 5,000 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥500,000,000 (shares decided for issuance on this occasion)
4.76% (500 shares after issuance ÷ 10,000 shares before issuance. NIHA株式会社's voting-rights ownership ratio after issuance will be 4.7%)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares through a third-party allotment |
| Number of shares to be issued or disposed of | Shares decided for issuance on this occasion: 500 common shares. Maximum issuance: 5,000 common shares |
| Issue price and disposal price | ¥1,000,000 per share |
| Total issue value | ¥500,000,000 (shares decided for issuance on this occasion) |
| Amount of funds to be raised | Total amount paid in: ¥500,000,000. Estimated net proceeds: Not disclosed |
| Specific use of funds | Details Research and development and capital investment in next-generation automotive parts addressing autonomous driving technology and EVs (electrification) in the automotive parts business, as well as the CASE fields, including connected cars / Amount Not disclosed / Scheduled timing of expenditures Not disclosed, Details Capital investment and funds for business development in new business fields, including Web3, the environment, robotics and hydrogen / Amount Not disclosed / Scheduled timing of expenditures Not disclosed, Details Establishment of global management and governance structures in preparation for a U.S. listing, and recruitment of highly specialized personnel / Amount Not disclosed / Scheduled timing of expenditures Not disclosed, Details Funds for equity investments in and investments in external companies / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | 30 March 2027 (summary section for the shares decided for issuance on this occasion). The schedule section states 31 August 2026 |
| Intended allottee | Name NIHA株式会社 / Category Corporation that will be a business partner or similar party / Number of Shares 500 shares |
| Dilution Rate | 4.76% (500 shares after issuance ÷ 10,000 shares before issuance. NIHA株式会社's voting-rights ownership ratio after issuance will be 4.7%) |
| Total number of issued shares | 10,000 shares → 10,500 shares(5.0%) |
| Procedures under the Corporate Code of Conduct | At an extraordinary general meeting of shareholders of the wholly owned subsidiary, a written resolution approving the delegation to the board of directors of authority to determine the offering terms was passed, and the Company, as the wholly owning parent company, adopted a consent resolution |
| Major shareholders after the offering | Name IKUYO CO.,LTD. / Shareholding ratio 95.2%, Name NIHA株式会社 / Shareholding ratio 4.7% |
| Impact on Business Performance | The impact on the Company's consolidated results for the current fiscal year is currently under review. If any matters requiring disclosure arise, the Company will promptly disclose them. The Company will also promptly disclose the specific terms and other details of the remaining ¥4.5 billion issuance capacity once they are determined. |
Items this document does not state (15)
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.The funds will be used for research and development and capital investment in the automotive parts business; capital investment and business development in new businesses; the establishment of management and governance structures and recruitment of personnel in preparation for a U.S. listing; and equity investments in and investments in external companies. The funds will also be used to accelerate the establishment of a structure aligned with the Group's growth strategy and anticipated U.S. listing, and to promote alliances with business partners and others flexibly.