Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
160
¥ millionWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of 2nd unsecured straight bonds and change in the use of proceeds from the 12th stock acquisition rights
Intended allottee
EVO FUND (subscriber for the entire amount)
Total issue value
¥160,000,000
Amount of funds to be raised
Total amount to be paid in: ¥160 million; estimated net proceeds: Not disclosed
Specific use of funds
M&A, capital alliances, and investments in new companies and new businessesAmount ¥142 million / Scheduled timing of expenditures April 2026 to February 2029
Redemption of 1st unsecured bonds (privately placed bonds)Amount ¥300 million / Scheduled timing of expenditures April 2026 to August 2026
Redemption of these corporate bondsAmount ¥160 million / Scheduled timing of expenditures October 2026–December 2028
Terms of the stock acquisition rights
Exercise price
Initial exercise price: ¥20. Details and floor of adjustment provisions: Not disclosed
Offering structure
Underwriter / lead underwriter
EVO FUND
Payment date
20 October 2026
Most recent equity financing
Timing Announced 24 February 2026 / Type Issuance of 12th stock acquisition rights through a third-party allotment / Amount Initially announced amount to be raised: ¥602 million; total scheduled amount to be paid in if fully exercised: ¥613 million, Timing Announced 24 February 2026 / Type Issuance of the First Unsecured Corporate Bonds (private-placement bonds) / Amount ¥300 million
Impact on Business Performance
The specific impact on consolidated results for the current fiscal year has not been determined at this time.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of 2nd unsecured straight bonds and change in the use of proceeds from the 12th stock acquisition rights |
| Issue price and disposal price | ¥100 per ¥100 of face value (bonds) |
| Total issue value | ¥160,000,000 |
| Amount of funds to be raised | Total amount to be paid in: ¥160 million; estimated net proceeds: Not disclosed |
| Specific use of funds | Details M&A, capital alliances, and investments in new companies and new businesses / Amount ¥142 million / Scheduled timing of expenditures April 2026 to February 2029, Details Redemption of 1st unsecured bonds (privately placed bonds) / Amount ¥300 million / Scheduled timing of expenditures April 2026 to August 2026, Details Redemption of these corporate bonds / Amount ¥160 million / Scheduled timing of expenditures October 2026–December 2028 |
| Payment date | 20 October 2026 |
| Intended allottee | EVO FUND (subscriber for the entire amount) |
| Exercise price | Initial exercise price: ¥20. Details and floor of adjustment provisions: Not disclosed |
| Underwriter / lead underwriter | EVO FUND |
| Most recent equity financing | Timing Announced 24 February 2026 / Type Issuance of 12th stock acquisition rights through a third-party allotment / Amount Initially announced amount to be raised: ¥602 million; total scheduled amount to be paid in if fully exercised: ¥613 million, Timing Announced 24 February 2026 / Type Issuance of the First Unsecured Corporate Bonds (private-placement bonds) / Amount ¥300 million |
| Impact on Business Performance | The specific impact on consolidated results for the current fiscal year has not been determined at this time. |
Items this document does not state (17)
Number of shares to be issued or disposed ofEstimated issuance expensesIntended 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 CompensationOverallotmentStock 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.To secure funds for the early execution of M&A, capital alliances, investments in new companies and new businesses, and PMI without waiting for the exercise of the unexercised portion of the 12th stock acquisition rights. In addition, because these bonds are scheduled to be redeemed early in stages using the proceeds from the exercise of the 12th stock acquisition rights, it became necessary to change part of the use of proceeds to redemption of these bonds.
How to read this page
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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.