Raising New-Store Funding Through a Stock Listing and Public Offering
First written in FY2019. 2 of 4 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020.
Asakuma moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2023: 2 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Softened".
- FY2020SoftenedAnnual report
「For the fiscal year ending March 2020, the Company had expected to invest in opening 8 new stores, but was unable to secure properties meeting its store-opening criteria, limiting the investment to 6 stores. The Company had planned to use the remaining funds in the fiscal year ending March 2021, but the store-opening plan is now undecided due to the impact of the COVID-19 pandemic.」
Although funding through the listing and public offering had been completed, the planned use of funds was scaled back from 8 stores to 6, and the store-opening plan for the remaining funds was changed to undecided due to the COVID-19 pandemic. - FY2020-Q2AchievedAnnual report
「In addition, the issue of 85,000 new shares through a private placement, with 26 July 2019 as the payment date, increased both capital stock and capital surplus by ¥48.875 million. The private placement was conducted in connection with the over-allotment offering.」
Following the public offering at the time of listing, the issue of 85,000 shares through a private placement and the associated capital increase were also completed. - FY2020-Q1AchievedAnnual report
「As of 27 June 2019, the Company's shares were listed on the Tokyo Stock Exchange JASDAQ (Standard) market. In connection with the listing, the issue of 500,000 new shares through a public offering using the book-building method, with 26 June 2019 as the payment date, increased both capital stock and capital surplus by ¥287.500 million.」
The listing and public offering of 500,000 shares were completed, concluding the phase of raising funds through the listing for new store openings. The stated use of proceeds was capital expenditure and working capital for opening new directly operated stores. - FY2019First statedAnnual report
「As of 27 June 2019, the Company's shares were listed on the Tokyo Stock Exchange JASDAQ (Standard).」
The Company issued 500,000 shares through a public offering in connection with the listing and planned to use the proceeds for capital expenditures related to opening new directly operated stores.