Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
3080756462
¥Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Partial acquisition and cancellation of Class D preferred shares
発行・処分する株式数
60 shares acquired and 60 shares cancelled
Intended allottee
Name Development Bank of Japan Inc. / Number of Shares Not disclosed, Name The Bank of Yokohama, Ltd. / Number of Shares Not disclosed
Basis for determining the amount to be paid
The acquisition price was calculated in accordance with Article 11-5, Paragraph 2 of the company's Articles of Incorporation.
Most recent equity financing
Timing June 2024 / Type Issuance of Class D preferred shares / Amount Not disclosed
Impact on Business Performance
The impact on the company's results of operations and consolidated results of operations will be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Partial acquisition and cancellation of Class D preferred shares |
| Number of shares to be issued or disposed of | 60 shares acquired and 60 shares cancelled |
| Intended allottee | Name Development Bank of Japan Inc. / Number of Shares Not disclosed, Name The Bank of Yokohama, Ltd. / Number of Shares Not disclosed |
| Basis for determining the amount to be paid | The acquisition price was calculated in accordance with Article 11-5, Paragraph 2 of the company's Articles of Incorporation. |
| Most recent equity financing | Timing June 2024 / Type Issuance of Class D preferred shares / Amount Not disclosed |
| Impact on Business Performance | The impact on the company's results of operations and consolidated results of operations will be immaterial. |
Items this document does not state (22)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise 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.In light of progress in strengthening the financial base through the implementation of the medium-term management plan, the company will seek to improve capital efficiency and strengthen financial discipline in accordance with its partial redemption policy. The acquisition will reduce part of the burden of preferred dividends and other payments.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.