Raising Funds for Redevelopment and Share Buybacks Through Convertible Bonds with Stock Acquisition Rights
First written in FY2023. 1 of 3 entries say "Cited as achieved", first in FY2024. Latest entry: 2026-06-26.
7 other companies' latest entry also says "Other".
- 2026-06-26OtherShare Issuance and Disposal
「Following approval at the General Meeting of Shareholders held on 26 June 2026 of a proposal to pay a year-end dividend of ¥16.0 per share, resulting in an annual dividend of ¥30.0 per share for the fiscal year ended March 2026, the conversion price was adjusted in accordance with the conversion price adjustment provisions of the terms and conditions of the 2028 Euro-yen Convertible Bonds with Stock Acquisition Rights subject to Acquisition and the 2030 Euro-yen Convertible Bonds with Stock Acquisition Rights subject to Acquisition.」
The conversion prices of outstanding convertible bonds with stock acquisition rights were adjusted following the determination of the annual dividend. The conversion price of the 2028 bonds changed from ¥2,110.4 to ¥2,093.4, and that of the 2030 bonds from ¥2,020.0 to ¥2,003.7. As this does not change the issuance or financing policy itself, the original canonical thread remains unchanged. - FY2024Cited as achievedAnnual report
「In June 2023, as a strategic financing measure, we issued a total of ¥60 billion of zero-coupon, euro-yen-denominated convertible bonds with stock acquisition rights and acquisition clauses, which kept financing costs low, and conducted share buybacks of approximately ¥30 billion, or 16,524,300 thousand shares.」
The ¥60 billion convertible bond issuance and approximately ¥30 billion share buyback conducted in the previous fiscal year were reiterated as achievements in improving capital efficiency and maintaining the financial base. - FY2023First statedAnnual report
「At a meeting of the Board of Directors held on 12 June 2023, the company resolved to issue euro-yen-denominated convertible bonds with stock acquisition rights and acquisition clauses, due in 2028 and 2030. Payment was completed on 28 June 2023.」
We raised funds by issuing ¥30 billion each of convertible bonds with stock acquisition rights due in 2028 and 2030, for a total of ¥60 billion, allocating approximately ¥30 billion to redevelopment investment and approximately ¥30 billion to share buybacks.