Worth reading
87Important
Scored from 2 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Specific use of funds
Costs related to the relocation of the Atsugi Plant (demolition, soil contamination measures, etc.)Amount ¥1,300 million / Scheduled timing of expenditures August 2026–September 2028
Funds for M&A and business transfers, and working capital for acquired businessesAmount ¥2,414 million / Scheduled timing of expenditures November 2026 to March 2029
Funds for M&A and various alliances (amount already allocated: ¥1,500 million)Amount ¥1,500 million / Scheduled timing of expenditures April 2026 to September 2026
Most recent equity financing
Series 1 Stock Acquisition Rights Issued through a Third-Party Allotment dated 30 January 2025
Impact on Business Performance
The impact of this matter on consolidated results for the current fiscal year is expected to be minor.
| Item | Details |
|---|---|
| Specific use of funds | Details Costs related to the relocation of the Atsugi Plant (demolition, soil contamination measures, etc.) / Amount ¥1,300 million / Scheduled timing of expenditures August 2026–September 2028, Details Funds for M&A and business transfers, and working capital for acquired businesses / Amount ¥2,414 million / Scheduled timing of expenditures November 2026 to March 2029, Details Funds for M&A and various alliances (amount already allocated: ¥1,500 million) / Amount ¥1,500 million / Scheduled timing of expenditures April 2026 to September 2026 |
| Most recent equity financing | Series 1 Stock Acquisition Rights Issued through a Third-Party Allotment dated 30 January 2025 |
| Impact on Business Performance | The impact of this matter on consolidated results for the current fiscal year is expected to be minor. |
Items this document does not state (25)
Type of issuance or disposalNumber 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.This change was made because, in connection with the relocation of the Atsugi Plant, expenditures for demolishing the existing plant and addressing soil contamination became necessary ahead of the land purchase and capital investment. In addition, it became necessary to secure funds for acquiring the EV bus business, its working capital after acquisition, and future M&A. The capital investment costs for Tamadai were withdrawn from the current use of funds because the company is considering obtaining funding through other means, including an alliance with a third party.
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.