Worth reading
69In focus
Scored from 2 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
1000
¥ millionWording
Conditional
How definitive the wording is.Details of issuance or disposal
Change in the use of funds to be raised through the exercise of the Fourth Series of Stock Acquisition Rights with an exercise price adjustment provision
Specific use of funds
Acquisition of shares through M&AAmount ¥361 million / Scheduled timing of expenditures October 2026–March 2028
Interior and exterior construction for new small-scale funeral hallsAmount ¥200 million / Scheduled timing of expenditures October 2026–December 2028
Repayment of borrowings (repayment of the outstanding balance of syndicated loans and redemption of unsecured straight bonds)Amount ¥1,000 million / Scheduled timing of expenditures August 2026–May 2029
Marketing ExpensesAmount ¥100 million / Scheduled timing of expenditures June 2026–March 2027
Systems InvestmentAmount ¥20 million / Scheduled timing of expenditures August 2026–December 2026
Systems InvestmentAmount ¥80 million / Scheduled timing of expenditures April 2028–December 2028
Terms of the stock acquisition rights
Exercise price
Although an exercise price adjustment provision is disclosed, the initial exercise price and the adjustment floor are Not disclosed
Most recent equity financing
Timing 16 April 2026 / Type Acquisition and cancellation of the Third Series of Stock Acquisition Rights with an exercise price adjustment provision, issuance of new shares through a third-party allotment, issuance of the First Series of Unsecured Convertible Bonds with Stock Acquisition Rights, the Second Series of Unsecured Convertible Bonds with Stock Acquisition Rights with a conversion price adjustment provision, and the Fourth Series of Stock Acquisition Rights with an exercise price adjustment provision / Amount Not disclosed
Impact on Business Performance
The impact of this matter on the results for the current fiscal year is currently being assessed. If any matter requiring disclosure arises, the company will notify investors promptly.
| Item | Details |
|---|---|
| Type of issuance or disposal | Change in the use of funds to be raised through the exercise of the Fourth Series of Stock Acquisition Rights with an exercise price adjustment provision |
| Specific use of funds | Details Acquisition of shares through M&A / Amount ¥361 million / Scheduled timing of expenditures October 2026–March 2028, Details Interior and exterior construction for new small-scale funeral halls / Amount ¥200 million / Scheduled timing of expenditures October 2026–December 2028, Details Repayment of borrowings (repayment of the outstanding balance of syndicated loans and redemption of unsecured straight bonds) / Amount ¥1,000 million / Scheduled timing of expenditures August 2026–May 2029, Details Marketing Expenses / Amount ¥100 million / Scheduled timing of expenditures June 2026–March 2027, Details Systems Investment / Amount ¥20 million / Scheduled timing of expenditures August 2026–December 2026, Details Systems Investment / Amount ¥80 million / Scheduled timing of expenditures April 2028–December 2028 |
| Exercise price | Although an exercise price adjustment provision is disclosed, the initial exercise price and the adjustment floor are Not disclosed |
| Most recent equity financing | Timing 16 April 2026 / Type Acquisition and cancellation of the Third Series of Stock Acquisition Rights with an exercise price adjustment provision, issuance of new shares through a third-party allotment, issuance of the First Series of Unsecured Convertible Bonds with Stock Acquisition Rights, the Second Series of Unsecured Convertible Bonds with Stock Acquisition Rights with a conversion price adjustment provision, and the Fourth Series of Stock Acquisition Rights with an exercise price adjustment provision / Amount Not disclosed |
| Impact on Business Performance | The impact of this matter on the results for the current fiscal year is currently being assessed. If any matter requiring disclosure arises, the company will notify investors promptly. |
Items this document does not state (23)
Number 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 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.The Company determined that, from the perspective of promptly stabilizing its financial base and appropriately managing its total interest-bearing debt, it would be appropriate to use the funds previously scheduled for the repayment of borrowings, including for the redemption of unsecured straight bonds.
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.