Debt reduction and capital strengthening through conversion of convertible bonds into shares
First written in FY2017-Q1. 1 of 3 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2017.
14 other companies' latest entry also says "Achieved".
- FY2017AchievedAnnual report
「Liabilities at the end of the current consolidated fiscal year decreased by ¥19,848.415 million from the end of the previous consolidated fiscal year to ¥622.120 million. This was primarily attributable to the conversion of the convertible bonds with stock acquisition rights into shares through the exercise of the attached rights.」
The conversion of the convertible bonds with stock acquisition rights into shares was completed, reducing liabilities by ¥19,848.415 million to ¥622.120 million. - FY2017-Q2AdvancedAnnual report
「Total liabilities at the end of the current second quarter of the consolidated fiscal year decreased by ¥19,880.853 million from the end of the previous consolidated fiscal year to ¥589.682 million. This was primarily attributable to the conversion of the convertible bonds with stock acquisition rights into shares through the exercise of the attached rights.」
The conversion of the convertible bonds with stock acquisition rights into shares reduced total liabilities by ¥19,880.853 million to ¥589.682 million, while total net assets increased to ¥46,495.690 million. - FY2017-Q1First statedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the Company converted bonds into shares through the exercise of rights attached to its 2017-maturity euro-yen convertible bonds with stock acquisition rights. As a result, capital stock and capital surplus each increased by ¥10,232.113 million, bringing them to ¥26,743.881 million and ¥26,679.881 million, respectively, at the end of the current first quarter of the consolidated fiscal year.」
The exercise of rights attached to the convertible bonds with stock acquisition rights reduced liabilities and increased capital stock and capital surplus, resulting in a change in the capital structure.