Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
40
Hundreds of millions of yenWording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of the 2nd, 3rd and 4th unsecured corporate bonds (all restricted to qualified institutional investors)
Intended allottee
Name 株式会社りそな銀行 / Number of Shares Not disclosed, Name The Bank of Yokohama, Ltd. / Number of Shares Not disclosed, Name MUFG Bank, Ltd. / Number of Shares Not disclosed
Amount of funds to be raised
Total payment amount: ¥4 billion; estimated net proceeds: Not disclosed
Specific use of funds
Capital expenditures to establish interconnection with the voice and SMS networks of NTT DOCOMO, INC.Amount ¥4 billion
Offering structure
Underwriter / lead underwriter
株式会社りそな銀行The Bank of Yokohama, Ltd.MUFG Bank, Ltd.
Payment date
25 March 2026, 26 March 2026
Basis for determining the amount to be paid
¥100 per ¥100 of face value
Most recent equity financing
Timing March 2025 / Type 1st unsecured corporate bonds (restricted to qualified institutional investors) / Amount ¥2 billion
Impact on Business Performance
We believe that the impact of this bond issuance on our financial results will be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of the 2nd, 3rd and 4th unsecured corporate bonds (all restricted to qualified institutional investors) |
| Issue price and disposal price | ¥100 per ¥100 of face value |
| Amount of funds to be raised | Total payment amount: ¥4 billion; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Capital expenditures to establish interconnection with the voice and SMS networks of NTT DOCOMO, INC. / Amount ¥4 billion / Scheduled timing of expenditures Not disclosed |
| Payment date | 25 March 2026, 26 March 2026 |
| Intended allottee | Name 株式会社りそな銀行 / Number of Shares Not disclosed, Name The Bank of Yokohama, Ltd. / Number of Shares Not disclosed, Name MUFG Bank, Ltd. / Number of Shares Not disclosed |
| Basis for determining the amount to be paid | ¥100 per ¥100 of face value |
| Underwriter / lead underwriter | 株式会社りそな銀行, The Bank of Yokohama, Ltd., MUFG Bank, Ltd. |
| Most recent equity financing | Timing March 2025 / Type 1st unsecured corporate bonds (restricted to qualified institutional investors) / Amount ¥2 billion |
| Impact on Business Performance | We believe that the impact of this bond issuance on our financial results will be immaterial. |
Items this document does not state (18)
Number of shares to be issued or disposed ofTotal issue valueEstimated issuance expensesIntended allottee's holding policyDilution RateTotal number of issued sharesExercise 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 ConductMajor 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 raise funds for capital expenditures to establish interconnection with the voice and SMS networks of NTT DOCOMO, INC.
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.