Changes in the Use of Proceeds and Investment Returns
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2019.
57 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The Company planned to use the funds raised at the time of listing to expand production facilities in the future. However, to respond flexibly to the rapidly changing business environment, the Company may use the funds for purposes other than those currently planned.」
The Company continues to disclose the risks of changing the use of raised funds and failing to achieve the expected investment effects. - FY2019-Q4RestatedAnnual report
「The Company planned to use the funds raised at the time of listing to purchase printing presses and other equipment and to expand production facilities in the future. However, to respond flexibly to the rapidly changing business environment, the Company may use the funds for purposes other than those currently planned. Even if the funds are used in accordance with the original plan, the Company may not achieve the expected investment benefits.」
The Company continues to describe the risks of changing the use of the proceeds and of failing to achieve the expected investment benefits. - FY2019-Q3MaterialisedAnnual report
「Following a review of the new plant plan in implementing the above plan, the Company decided to change the use of the proceeds from the public offering and other financing.」
The planned use of funds for the Kanto plant envisaged at the time of listing was reviewed and changed to funds for purchasing printing presses and other equipment and for expanding production facilities in the future. The risk of a change in the use of proceeds has materialised. - FY2019-Q2RestatedAnnual report
「The Company planned to use the funds raised at the time of listing to purchase printing presses and other equipment and to expand production facilities in the future. However, to respond flexibly to the rapidly changing business environment, the Company may use the funds for purposes other than those currently planned. Even if the funds are used in accordance with the original plan, the Company may not achieve the expected investment benefits.」
The Company continues to disclose the risk of changing the use of the proceeds and the risk that the expected investment benefits may not be achieved. Although the Kanto plant was temporarily suspended, it does not state that investment benefits have fallen short of expectations. - FY2018First statedAnnual report
「However, to respond flexibly to rapidly changing business conditions, the funds may be used for purposes other than those currently planned. Even if the funds are used in line with the original plan, the expected investment returns may not be achieved.」
The Company identifies uncertainty concerning the use of IPO proceeds and investment returns.