Raising funds to expand the business through a public offering and disposal of treasury shares
First written in FY2018. 2 of 5 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019.
3 other companies' latest entry also says "Achieved".
- FY2019AchievedAnnual report
「Regarding sources of capital and liquidity, the company expects trade receivables and inventories to increase as the business expands, and carried out the capital increase to address this. In connection with the capital increase, it also repaid short-term and long-term borrowings.」
The company completed the public offering, third-party allotment and disposal of treasury shares, raised proceeds from the capital increase and then repaid short-term and long-term borrowings. - FY2019-Q3RestatedAnnual report
「The company received payment on 16 April 2018 for the public offering of new shares and the public offering of treasury shares. It also received payment on 16 May 2018 for the new shares issued through a third-party allotment related to the secondary offering through an over-allotment. As a result, during the nine months ended in the current third quarter, share capital increased by ¥1,174 million, capital surplus increased by ¥1,590 million and treasury shares decreased by ¥427 million. At the end of the current third quarter, share capital was ¥3,727 million, capital surplus was ¥3,548 million and treasury shares were ¥0 million.」
The company has reaffirmed the completion of payment for the public offering, the disposal of treasury shares and the third-party allotment, together with the resulting increases in share capital and capital surplus and decrease in treasury shares. - FY2019-Q2RestatedAnnual report
「The company received payment on 16 April 2018 for the public offering of new shares and the public offering of treasury shares. It also received payment on 16 May 2018 for the new shares issued through a third-party allotment related to the secondary offering through an over-allotment. As a result, during the six months ended in the current second quarter, share capital increased by ¥1,174 million, capital surplus increased by ¥1,590 million and treasury shares decreased by ¥427 million. At the end of the current second quarter, share capital was ¥3,727 million, capital surplus was ¥3,548 million and treasury shares were ¥0 million.」
The company has reaffirmed the completion of payment for the public offering, the disposal of treasury shares and the third-party allotment, together with the resulting increases in share capital and capital surplus and decrease in treasury shares. - FY2019-Q1AchievedAnnual report
「The company received payment on 16 April 2018 for the public offering of new shares and the public offering of treasury shares. It also received payment on 16 May 2018 for the new shares issued through a third-party allotment related to the secondary offering through an over-allotment.」
Payment for the public offering of new shares, the public offering of treasury shares and the third-party allotment was completed, increasing share capital by ¥1,174 million and capital surplus by ¥1,590 million. The planned use of the funds raised remained scheduled through the end of March 2019. - FY2018First statedAnnual report
「The total estimated net proceeds of ¥3,164,411,000 from the public offering and the related third-party allotment will be used by the end of March 2019 to repay ¥1,100,000,000 in short-term borrowings and ¥1,200,000,000 in long-term borrowings obtained from financial institutions to fund payments to trade creditors resulting from increased purchases associated with business expansion. As part of these priority initiatives, the company will also increase purchases of products, namely electrical goods and electronic components, to support the expansion of transactions and stable supply to customers.」
The company raised approximately ¥3.164 billion through new share issuances, a disposal of treasury shares and a third-party allotment completed in April and May 2018, with plans to use the funds to repay borrowings and purchase products. This was linked to strengthening the core business under the Ninth Medium-Term Management Plan.