Securing Funds to Repay Borrowings and Fund Capital Investment at the Hiroshima Business Office through a Public Offering and Third-Party Allotment
First written in FY2019-Q1. 1 of 2 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2019-Q2.
30 other companies' latest entry also says "Advanced".
- FY2019-Q2AdvancedAnnual report
「The public offering of new shares with a payment date of 11 June 2018 increased capital and the capital reserve by ¥687 million each. In addition, the third-party allotment of new shares related to the sale of the company’s shares through an over-allotment, with a payment date of 10 July 2018, increased capital and the capital reserve by ¥102 million each.」
A public offering and a third-party allotment associated with an over-allotment were conducted, increasing capital and the capital reserve by a total of ¥790 million each. - FY2019-Q1First statedAnnual report
「Of the total estimated net proceeds of ¥1,562,920,210, ¥1,000,000,000 is scheduled to be used by 30 September 2018 to repay short-term borrowings from financial institutions used to acquire common shares of Toyo Business Engineering Corporation on 14 March 2018; ¥436,000,000 is scheduled to be used by 30 September 2018 to repay short-term borrowings from financial institutions used to fund the construction of buildings at the Hiroshima site of the resins and electronics-related business; and ¥126,920,210 is scheduled to be used by 30 June 2021 for capital investment in new machinery and equipment at the same Hiroshima site.」
The company presented a plan to use the total proceeds from the public offering and third-party allotment of new shares, by specified deadlines, for repayment of borrowings and capital investment related to the acquisition of shares in Toyo Business Engineering and the buildings and machinery at the Hiroshima site.