Worth reading
66In focus
Scored from 3 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
32945826
¥Wording
Definitive
How definitive the wording is.Details of issuance or disposal
Issuance of Second Series Stock Acquisition Rights through third-party allotment (this disclosure concerns the acquisition and cancellation of the remaining stock acquisition rights)
Intended allottee
Name 株式会社 Showcase Capital / Number of Shares 5,000 units, Name Seacastle Singapore Pte. Ltd. / Number of Shares 47,070 rights
Amount of funds to be raised
Initial estimated net proceeds of ¥3,043 million, including ¥762 million raised from exercised rights (no new funds will be raised through the acquisition and cancellation)
Specific use of funds
Working capital (inventory purchases)Amount ¥2,000 million
Expenses related to capital and business alliances, including M&A, and the acquisition of shares in subsidiariesAmount ¥1,043 million
Terms of the stock acquisition rights
Exercise price
¥579 per share; adjustment provision: Not disclosed
Number of Stock Acquisition Rights
Total issued: 52,070 rights; exercised as of 12 May 2026: 12,424 rights; remaining: 39,646 rights; to be acquired and cancelled: 39,646 rights; remaining after cancellation: 0 rights
Most recent equity financing
Timing 24 July 2025 / Type Issuance of Second Series Stock Acquisition Rights through a Private Placement / Amount Initial estimated net proceeds of ¥3,043 million
Impact on Business Performance
The impact of the acquisition and cancellation of these stock acquisition rights on the company's results will be immaterial.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of Second Series Stock Acquisition Rights through third-party allotment (this disclosure concerns the acquisition and cancellation of the remaining stock acquisition rights) |
| Amount of funds to be raised | Initial estimated net proceeds of ¥3,043 million, including ¥762 million raised from exercised rights (no new funds will be raised through the acquisition and cancellation) |
| Specific use of funds | Details Working capital (inventory purchases) / Amount ¥2,000 million / Scheduled timing of expenditures Not disclosed, Details Expenses related to capital and business alliances, including M&A, and the acquisition of shares in subsidiaries / Amount ¥1,043 million / Scheduled timing of expenditures Not disclosed |
| Intended allottee | Name 株式会社 Showcase Capital / Number of Shares 5,000 units, Name Seacastle Singapore Pte. Ltd. / Number of Shares 47,070 rights |
| Exercise price | ¥579 per share; adjustment provision: Not disclosed |
| Number of Stock Acquisition Rights | Total issued: 52,070 rights; exercised as of 12 May 2026: 12,424 rights; remaining: 39,646 rights; to be acquired and cancelled: 39,646 rights; remaining after cancellation: 0 rights |
| Most recent equity financing | Timing 24 July 2025 / Type Issuance of Second Series Stock Acquisition Rights through a Private Placement / Amount Initial estimated net proceeds of ¥3,043 million |
| Impact on Business Performance | The impact of the acquisition and cancellation of these stock acquisition rights on the company's results will be immaterial. |
Items this document does not state (20)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock 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.The share price has remained below the exercise price of ¥579, preventing the rights from being exercised as initially expected and resulting in a shortfall in the amount of funds raised. The company determined that acquiring and cancelling the remaining stock acquisition rights and reviewing its fundraising methods would be more reasonable than maintaining them.
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.