Worth reading
22Immaterial
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
22950
Millions of yen (total principal amount subject to repurchase)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Repurchase and cancellation of convertible bonds with stock acquisition rights, and early redemption of the remaining bonds
Offering structure
Underwriter / lead underwriter
Morgan Stanley & Co. International plc (sole dealer manager)
Impact on Business Performance
The impact on the Company's results will be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Repurchase and cancellation of convertible bonds with stock acquisition rights, and early redemption of the remaining bonds |
| Underwriter / lead underwriter | Morgan Stanley & Co. International plc (sole dealer manager) |
| Impact on Business Performance | The impact on the Company's results will be immaterial. |
Items this document does not state (25)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment 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 CompensationOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor 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.The repurchased convertible bonds with stock acquisition rights will be cancelled, and because the principal amount remaining after cancellation is expected to be less than 10% of the total principal amount at issuance, the remaining bonds are scheduled to be redeemed in full early pursuant to the clean-up provision. The impact on financial results will be immaterial.
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.