Worth reading
83Important
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
1619
Units (stock acquisition rights)Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of Series 3 stock acquisition rights through a third-party allotment (change in the number issued)
Who receives how much
11,730,000 potential shares (117,300 stock acquisition rights, 100 shares per right)
ＡＵ投資事業組合117,300 units (11,730,000 potential shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥352 per stock acquisition right
Total issue value
¥41,289,600
Amount of funds to be raised
Total exercise payment of ¥3,819,820,700; estimated net proceeds of ¥3,809,690,700
Estimated issuance expenses
¥10,130,000
Specific use of funds
Business funds for the subsidiary Cloud Bank Financial Services Co., Ltd.Amount ¥742 million / Scheduled timing of expenditures May 2026 to March 2028
Business funds for the subsidiary Cloud Bank Capital Co., Ltd.Amount ¥1,200 million / Scheduled timing of expenditures May 2026 to March 2028
Business funds for the subsidiary 日本クラウド証券株式会社 and funding for the bullion businessAmount ¥115 million / Scheduled timing of expenditures May 2026 to March 2028
Purchase and acquisition funding for the bullion businessAmount ¥1,294 million / Scheduled timing of expenditures May 2026 to March 2028
Existing Shares and Increase
+98.38%Rate of increase
13,570,982 shares26,922,682Shares
98.38% (of total shares issued); 99.48% (of total voting rights)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Terms of the stock acquisition rights
Exercise price
¥283. Whether there is an adjustment provision and the adjustment floor: not disclosed
Exercise period
15 April 2026 to 14 April 2028
Number of Stock Acquisition Rights
Total number issued: 117,300 units. Number of unexercised rights remaining: not disclosed
Procedures under the Corporate Code of Conduct
An opinion letter regarding the necessity and appropriateness of the third-party allotment was obtained on 25 March 2026 from a special committee comprising 3 outside experts with no interests in either the Company or the intended allottee. An additional opinion letter regarding the change in the number issued was obtained as of 7 April 2026.
Most recent equity financing
Timing Dated 19 November 2025 / Type Offering of Series 3 stock acquisition rights through a third-party allotment / Amount Not disclosed
Impact on Business Performance
The impact of this change on purchase and acquisition funding for the bullion business is immaterial, and there will be no impact on the Company's use of funds or business plans.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of Series 3 stock acquisition rights through a third-party allotment (change in the number issued) |
| Number of shares to be issued or disposed of | 11,730,000 potential shares (117,300 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | ¥352 per stock acquisition right |
| Total issue value | ¥41,289,600 |
| Amount of funds to be raised | Total exercise payment of ¥3,819,820,700; estimated net proceeds of ¥3,809,690,700 |
| Estimated issuance expenses | ¥10,130,000 |
| Specific use of funds | Details Business funds for the subsidiary Cloud Bank Financial Services Co., Ltd. / Amount ¥742 million / Scheduled timing of expenditures May 2026 to March 2028, Details Business funds for the subsidiary Cloud Bank Capital Co., Ltd. / Amount ¥1,200 million / Scheduled timing of expenditures May 2026 to March 2028, Details Business funds for the subsidiary 日本クラウド証券株式会社 and funding for the bullion business / Amount ¥115 million / Scheduled timing of expenditures May 2026 to March 2028, Details Purchase and acquisition funding for the bullion business / Amount ¥1,294 million / Scheduled timing of expenditures May 2026 to March 2028 |
| Intended allottee | Name ＡＵ投資事業組合 / Number of Shares 117,300 units (11,730,000 potential shares) |
| Dilution Rate | 98.38% (of total shares issued); 99.48% (of total voting rights) |
| Total number of issued shares | 13,570,982 shares → 26,922,682 shares（98.38％） |
| Exercise price | ¥283. Whether there is an adjustment provision and the adjustment floor: not disclosed |
| Exercise period | 15 April 2026 to 14 April 2028 |
| Number of Stock Acquisition Rights | Total number issued: 117,300 units. Number of unexercised rights remaining: not disclosed |
| Procedures under the Corporate Code of Conduct | An opinion letter regarding the necessity and appropriateness of the third-party allotment was obtained on 25 March 2026 from a special committee comprising 3 outside experts with no interests in either the Company or the intended allottee. An additional opinion letter regarding the change in the number issued was obtained as of 7 April 2026. |
| Most recent equity financing | Timing Dated 19 November 2025 / Type Offering of Series 3 stock acquisition rights through a third-party allotment / Amount Not disclosed |
| Impact on Business Performance | The impact of this change on purchase and acquisition funding for the bullion business is immaterial, and there will be no impact on the Company's use of funds or business plans. |
Items this document does not state (12)
Payment dateIntended allottee's holding policyBasis for determining the amount to be paidTransfer 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 adjust the dilution rate while reducing the impact on existing shareholders. As the total exercise payment will decrease due to the reduction in the number issued, the planned amount allocated to funding the bullion business was also changed from ¥1,341 million to ¥1,294 million.
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.