Worth reading
52Recurring
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
1173216000
¥Wording
Avoiding a definitive answer
How definitive the wording is.Details of issuance or disposal
Specific use of funds
Investment funds for the AI infrastructure businessAmount ¥800 million
Procedures under the Corporate Code of Conduct
Legal due diligence was conducted by an independent U.S. law firm. No valuation was commissioned from a third-party valuation institution; instead, the Board of Directors evaluated and considered the investment based on an information memorandum prepared by management.
Most recent equity financing
Timing 15 December 2025 / Type First Series Stock Acquisition Rights with Exercise Price Adjustment Provisions / Amount ¥3,045,192,600 raised through exercise
Impact on Business Performance
The impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is currently under review.
| Item | Details |
|---|---|
| Specific use of funds | Details Investment funds for the AI infrastructure business / Amount ¥800 million / Scheduled timing of expenditures Not disclosed |
| Procedures under the Corporate Code of Conduct | Legal due diligence was conducted by an independent U.S. law firm. No valuation was commissioned from a third-party valuation institution; instead, the Board of Directors evaluated and considered the investment based on an information memorandum prepared by management. |
| Most recent equity financing | Timing 15 December 2025 / Type First Series Stock Acquisition Rights with Exercise Price Adjustment Provisions / Amount ¥3,045,192,600 raised through exercise |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the fiscal year ending March 2027 is currently under review. |
Items this document does not state (24)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor 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 establish the AI infrastructure investment business as a new earnings base, capture medium- to long-term growth opportunities, and enhance corporate value. The Company determined that Figure AI is strategically aligned with the fields of embodied AI and humanoid robots and that the investment meets the investment criterion of a 12.5% annual hurdle rate.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.