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Share Issuance and Disposal7578NICHIRYOKU CO.,LTD.Retail

Notice Concerning Changes to the Use of Funds and Scheduled Expenditure Period

The existing uses of funds were reviewed. The planned acquisition of a specific funeral company was discontinued, and ¥265 million was added for the acquisition of a funeral company, with the prospective target yet to be determined. In addition, the funds allocated for the acquisition of a stonework contractor were changed from ¥80 million to ¥100 million, and the scheduled expenditure periods for both items were pushed back.

Worth reading
100Important
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
265
¥ million
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Specific use of funds
Acquisition of a columbarium-related businessAmount ¥250 million / Scheduled timing of expenditures May 2026 to June 2026
Acquisition of shares in a stonework contractor through M&AAmount ¥100 million / Scheduled timing of expenditures October 2026 to October 2027
Acquisition of shares in an insurance agency through M&AAmount ¥150 million / Scheduled timing of expenditures June 2026 to July 2027
Acquisition of shares in a funeral company through M&AAmount ¥265 million / Scheduled timing of expenditures October 2026 to October 2027
Capital and business alliance related to DX to support collaboration with the end-of-life planning businessAmount ¥10 million / Scheduled timing of expenditures February 2027
Impact on Business Performance
The impact of this matter on the results for the current fiscal year is currently being assessed.
Details of issuance or disposal
ItemDetails
Specific use of fundsDetails Acquisition of a columbarium-related business / Amount ¥250 million / Scheduled timing of expenditures May 2026 to June 2026, Details Acquisition of shares in a stonework contractor through M&A / Amount ¥100 million / Scheduled timing of expenditures October 2026 to October 2027, Details Acquisition of shares in an insurance agency through M&A / Amount ¥150 million / Scheduled timing of expenditures June 2026 to July 2027, Details Acquisition of shares in a funeral company through M&A / Amount ¥265 million / Scheduled timing of expenditures October 2026 to October 2027, Details Capital and business alliance related to DX to support collaboration with the end-of-life planning business / Amount ¥10 million / Scheduled timing of expenditures February 2027
Impact on Business PerformanceThe impact of this matter on the results for the current fiscal year is currently being assessed.
Items this document does not state (26)
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 ConductMost recent equity financingMajor 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 abandoned the M&A transaction with the prospective target because discussions on various terms, including the acquisition consideration, did not reach an agreement. The funds will be allocated to an M&A transaction involving a company in the same industry to achieve sustainable growth and enhance corporate value.

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.
Notice Concerning Changes to the Use of Funds and Scheduled Expenditure Period | NICHIRYOKU CO.,LTD. (7578) timely disclosure | Komori