Growth investment in VAPE, new products, IT and factories through a public offering and third-party allotment
First written in FY2016. 1 of 3 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2017.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「The main factors were increases of ¥1,198 million in share capital and ¥1,198 million in capital surplus resulting from the issuance of new shares through the public offering and third-party allotment, and an increase of ¥751 million in retained earnings.」
The results of capital strengthening through the public offering and third-party allotment were reiterated in the annual financial analysis. - FY2017-Q1AdvancedAnnual report
「The number of shares to be issued was finalized at 283,000 shares, compared with the planned 300,000 shares, and payment was completed on 20 December 2016.」
The number of shares issued in the third-party allotment was finalized and payment was completed. The planned allocation of estimated net proceeds of ¥2,366,112,760 from the public offering and third-party allotment to VAPE stores, new products, IT, head-office expansion and factories is also described. - FY2016First statedAnnual report
「Of the estimated maximum total net proceeds of ¥2,393,580,000 from the public offering and third-party allotment, ¥1,527,882,000 was scheduled to be allocated by October 2019 to capital expenditures for opening retail stores to strengthen the foundation of the VAPE (electronic cigarette) business and working capital for inventory procurement and sales promotion expenses; ¥370,000,000 was scheduled to be allocated by August 2019 to the manufacture of molds and inventory procurement required for developing new original general merchandise products; and ¥156,000,000 was scheduled to be allocated by June 2019 to capital expenditures for IT system development and enhancement and expansion of the head-office floor.」
The uses of the offering proceeds, amounts and allocation deadlines through 2019 are specified. Payment for the public offering was completed on 22 November 2016.