Raising Funds for Growth Investment Through Stock Acquisition Rights
First written in FY2017-Q1. 9 of 13 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2023.
3 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「Because this financing method allows the Company to control the timing and number of stock acquisition rights exercised and provides flexible financing tailored to its funding needs, all of the Japan Communications Inc. Fifth Series Stock Acquisition Rights (third-party allotment) issued in April 2020 were acquired by the Company at their issue price on the last day of the exercise period in accordance with the issuance terms and ceased to exist in full on 7 April 2023.」
The 17,770,000 shares underlying the Fifth Series Stock Acquisition Rights were acquired in full and cancelled by the Company on 7 April 2023, after the end of the exercise period. - FY2020AdvancedAnnual report
「In addition, in April 2020, the company issued the 5th Series of Stock Acquisition Rights through a third-party allotment, with Credit Suisse Securities Co., Ltd. as the allottee.」
After raising funds through the 4th Series Stock Acquisition Rights, the company issued 177,700 5th Series Stock Acquisition Rights and designated the proceeds for voice-service system development, local 4G and 5G/CBRS, FinTech commercialization and core systems. - FY2020-Q3AdvancedAnnual report
「Number of stock acquisition rights attached to bonds with stock acquisition rights with adjustment provisions for the exercise price exercised during the quarter: 14,700」
During the quarter, 14,700 4th Series Stock Acquisition Rights were exercised, 1,470,000 shares were delivered, and ¥328.400 million was raised. Cumulative fundraising amounted to ¥984.730 million. - FY2020-Q1AdvancedAnnual report
「During the first quarter, stock acquisition rights attached to bonds with stock acquisition rights with adjustment provisions for the exercise price were exercised as follows.」
A total of 15,000 4th Series Stock Acquisition Rights were exercised, 1,500,000 shares were delivered, and ¥259.000 million was raised. On a cumulative basis, the totals were 36,000 rights, 3,600,000 shares and ¥504.250 million. - FY2019-Q3AdvancedAnnual report
「During the third quarter, stock acquisition rights attached to bonds with stock acquisition rights with adjustment provisions for the exercise price were exercised as follows.」
During the third quarter, 21,000 4th Series Stock Acquisition Rights were exercised, 2,100,000 shares were delivered, and ¥245.250 million was raised. Fundraising for growth investment has continued to be executed. - FY2018ReframedAnnual report
「On 22 March 2018, Japan Communications Inc. acquired all 35,400 outstanding unexercised 3rd Series Stock Acquisition Rights through a third-party allotment from the underwriter and cancelled them.」
After raising ¥2,719 million cumulatively, the 3rd Series Stock Acquisition Rights were completed through the acquisition and cancellation of the 35,400 outstanding unexercised rights, and the company simultaneously moved to raising funds for growth investment through the 4th Series Stock Acquisition Rights. - FY2018-Q3AdvancedAnnual report
「During the third quarter, stock acquisition rights attached to bonds with stock acquisition rights with adjustment provisions for the exercise price were exercised as follows.」
During the third quarter, 36,000 stock acquisition rights were exercised, 3,600,000 shares were delivered, and ¥444.950 million was raised. On a cumulative basis, 174,600 rights had been exercised, 17,460,000 shares delivered, and ¥2,719.820 million raised, further advancing the procurement of funds for growth investment. - FY2018-Q2AdvancedAnnual report
「Through the issuance of new shares upon exercise of the 3rd Series of Stock Acquisition Rights through a third-party allotment issued to Credit Suisse Securities Co., Ltd. on 28 July 2016, and other transactions, capital increased by ¥554.470 million and the capital reserve increased by ¥544.353 million during the six-month period. At the end of the second quarter, capital was ¥3,808.395 million and capital surplus was ¥2,148.585 million.」
The exercise of stock acquisition rights issued through a third-party allotment continued during the six-month period, further advancing the raising of funds for growth investment through increases in capital and the capital reserve. - FY2018-Q1AdvancedAnnual report
「Through the issuance of new shares upon exercise of the 3rd Series of Stock Acquisition Rights through a third-party allotment issued to Credit Suisse Securities Co., Ltd. on 28 July 2016, and other transactions, capital increased by ¥553.210 million and the capital reserve increased by ¥543.149 million during the three-month period. At the end of the first quarter, capital was ¥3,807.135 million and capital surplus was ¥2,147.381 million.」
The exercise of stock acquisition rights issued through a third-party allotment continued during the quarter, with 6,930,000 shares issued and ¥1,078.650 million raised. Cumulative fundraising reached 13,860,000 shares and ¥2,274.870 million, bringing the securing of funds for growth investment further into the execution phase. - FY2017RestatedAnnual report
「After formulating its new business strategy, the company issued the 3rd Series of Stock Acquisition Rights through a third-party allotment in July 2016, with Credit Suisse Securities Co., Ltd. as the underwriter, as a means of securing funds to implement the strategy.」
The company reconfirmed that issuing stock acquisition rights and raising funds through their exercise during the fiscal year are means of securing funds for the new business strategy and capital investment. - FY2017-Q3AdvancedAnnual report
「Through the issuance of new shares upon exercise of the 3rd Series of Stock Acquisition Rights through a third-party allotment issued to Credit Suisse Securities Co., Ltd. on 28 July 2016, and other transactions, capital increased by ¥615.180 million and the capital reserve increased by ¥604.028 million during the nine-month period. At the end of the third quarter, capital was ¥3,251.585 million and capital surplus was ¥1,601.996 million.」
The issuance of shares and increase in capital through the exercise of stock acquisition rights issued via a third-party allotment continued during the nine-month period. - FY2017-Q2AdvancedAnnual report
「During the second quarter, stock acquisition rights attached to bonds with stock acquisition rights with adjustment provisions for the exercise price were exercised as follows.」
A total of 69,300 stock acquisition rights through a third-party allotment were exercised, 6,930,000 shares were issued, and ¥1,196.220 million was raised. The increase in shares outstanding and the fundraising have moved into the execution phase. - FY2017-Q1First statedAnnual report
「Pursuant to a resolution of the board of directors held on 12 July 2016, Japan Communications Inc. issued its 3rd Series of Stock Acquisition Rights through a third-party allotment on 28 July of the same year.」
The company issued stock acquisition rights through a third-party allotment for 21,000,000 underlying shares, setting a fundraising amount of approximately ¥4.498 billion based on the initial exercise price. The exercise period was from 29 July 2016 to 28 July 2018, and the proceeds were planned for use in data-center redundancy and capacity upgrades, connectivity software development and other purposes.