Raising Funds for Growth Investments Through a Public Offering
First written in FY2018. 4 of 5 entries say "Reframed", first in FY2020-Q3. Latest entry: FY2023.
Smartvalue moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Through the issuance of new shares in this third-party allotment, the company allotted 415,000 shares of its common stock to ウイングアーク１ｓｔ as the allottee.」
In addition to reviewing the use of proceeds from the previous public offering, the company issued 415,000 shares through a third-party allotment to ウイングアーク１ｓｔ, expanding the capital raising into funding integrated with a capital and business alliance. - FY2021ReframedAnnual report
「We planned to invest ¥60 million in construction costs in Kaga City, Ishikawa Prefecture, to establish a facility for developing and recruiting engineers and creating open innovation in the regional information cloud field (¥60 million in the fiscal year ending June 2022), but because the plan was cancelled, the funds were allocated to software development investment for providing cloud services.」
The intended use of the capital-raising proceeds was revised, with funding for construction of Kaga Lab discontinued and reallocated to software development for cloud services. The allocation to company-wide core systems was also revised to ¥159.977 million. - FY2020ReframedAnnual report
「Part of the intended use of funds raised through the public offering and the third-party allotment has changed.」
Following the transfer of the mobile business, funding for mobile-store renovation work was removed from the use of the capital-raising proceeds, and the allocation and timing of investments in cloud-related software, the data center, Kaga Lab, the head office relocation and core systems were reviewed. - FY2020-Q3ReframedAnnual report
「Part of the intended use of funds raised through the public offering and the third-party allotment has changed.」
Following the transfer of the mobile business, the use of funds raised through the public offering and other measures was revised. The item for mobile-store renovation work was removed, and the annual allocations for cloud-related investments, Kaga Lab and the head office relocation were also reviewed. - FY2018First statedAnnual report
「Cash provided by financing activities was ¥935.939 million, compared with a decrease of ¥301.688 million in the previous fiscal year. This was mainly attributable to proceeds of ¥1,415.766 million from the issuance of shares, payments of ¥380.840 million for the repayment of long-term borrowings, a net decrease of ¥55.000 million in short-term borrowings, dividend payments of ¥32.487 million, and payments of ¥11.413 million for the repayment of lease liabilities.」
The company raised ¥1,415.766 million in proceeds from the issuance of shares through a public offering and stated that the funds would be allocated to development investments related to cloud services, electronic government services and mobility IoT.