Issuance of Class B and Class C Preferred Shares Through a Third-Party Allotment and Capital Restructuring
First written in FY2022-Q3. 2 of 4 entries say "Achieved", first in FY2022. Latest entry: FY2023.
4 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「Following the transfer, the Company repaid all borrowings from financial institutions and redeemed all Class B and Class C preferred shares.」
The full acquisition, redemption and cancellation of the Class B and Class C preferred shares issued in March 2022 were completed on 31 March 2023. - FY2023-Q3AdvancedAnnual report
「The Class B and Class C preferred shares will be redeemed in full.」
The Company disclosed a plan to acquire and redeem in full the 40,000 Class B preferred shares and 160,000 Class C preferred shares issued in March 2022, with 31 March 2023 scheduled as the effective date. The total acquisition price was approximately ¥2.17 billion for Class B and approximately ¥8.32 billion for Class C. - FY2022AchievedAnnual report
「At a meeting of the Board of Directors held on 31 January 2022, the Company entered into a share investment agreement with SMBCCP Investment Limited Partnership No. 1 and DBJ Food Service and Accommodation Support Fund Investment Limited Partnership. It resolved to issue Class B preferred shares totaling ¥2 billion to SMBCCP Investment Limited Partnership No. 1 through a third-party allotment and Class C preferred shares totaling ¥8 billion to DBJ Food Service and Accommodation Support Fund Investment Limited Partnership through a third-party allotment. Payment for the issuance of the Class B and Class C preferred shares was completed on 30 March 2022.」
Payment for the ¥2 billion Class B preferred shares and ¥8 billion Class C preferred shares, totaling ¥10 billion, in the third-party allotment capital increase was completed on 30 March 2022, completing the capital financing. - FY2022-Q3First statedAnnual report
「The Company will issue Class B preferred shares totaling ¥2 billion to the SMBCCP Fund through a third-party allotment and Class C preferred shares totaling ¥8 billion to the DBJ Fund through a third-party allotment, hereinafter the "Third-Party Allotment Capital Increase." Subject to payment for the Third-Party Allotment Capital Increase, the Company will, with 30 March 2022 as the effective date, reduce capital and capital reserves by amounts equal to the increases in capital and capital reserves resulting from the Third-Party Allotment Capital Increase, hereinafter the "Reduction of Capital and Other Amounts."」
At a meeting of the Board of Directors held on 31 January 2022, the Company decided on a ¥2 billion third-party allotment of preferred shares to the SMBCCP Fund and a ¥8 billion third-party allotment of preferred shares to the DBJ Fund, totaling ¥10 billion, together with corresponding reductions in capital and capital reserves. The transactions were subject to approval at a general meeting of shareholders and other approvals.