Strengthening Shareholders’ Equity Through a Third-Party Allotment of Class A Shares
First written in FY2023. 1 of 3 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As the payment procedures were completed on 31 July 2023, the company hereby announces the following: 290 Class A shares; total issue price of ¥290,000,000.」
The company continues to disclose that the private placement of 290 Class A preferred shares, for a total amount of ¥290 million, has been completed, strengthening equity. - FY2024-Q1AchievedAnnual report
「As the payment procedures were completed on 31 July 2023, we hereby provide the following notice." Subscription or allotment method: 290 Class A preferred shares were allotted to Kinki-Chubu Wide-Area Reconstruction Support Investment Business Limited Partnership through a private placement.」
The private placement of Class A preferred shares approved in FY2023 was completed on 31 July 2023, with 290 shares issued and paid for at a total amount of ¥290 million. - FY2023First statedAnnual report
「We recognize that strengthening equity and stabilizing our financial base are important issues, and believe that it is necessary to raise equity-like funds. Accordingly, the General Meeting of Shareholders approved proposals for a partial amendment to the Articles of Incorporation, the issuance of Class A preferred shares through a private placement, reductions in stated capital and the capital reserve, and the appropriation of surplus.」
The company states that, for the purpose of strengthening equity and stabilizing its financial base, it submitted proposals to the General Meeting of Shareholders for raising equity-like funds, issuing Class A preferred shares through a private placement, reducing stated capital and the capital reserve, and appropriating surplus, all of which were approved.