Worth reading
32Immaterial
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
2753800
sharesWording
Conditional
How definitive the wording is.Details of issuance or disposal
Secondary offering of shares through an underwriter's purchase and underwriting
発行・処分する株式数2,753,800Shares
Common shares: 2,753,800 shares
Intended allottee
Not applicable (public offering and secondary offering)
To be determined. The indicative price range will be set at a price calculated by multiplying the closing price on the Tokyo Stock Exchange on the date on which the offering price and other terms are determined by 0.90 to 1.00, and the final price will be determined after taking demand conditions and other factors into account.
発行済株式総数
Not applicable (secondary offering without the issuance of new shares)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Transfer restriction period
A lock-up period for Yugen Kaisha Nomura and Yugen Kaisha Arita, which are not selling shareholders, beginning on the date on which the offering price and other terms are determined and ending on the 180th day after the settlement date
Conditions for lifting transfer restrictions
Yugen Kaisha Nomura and Yugen Kaisha Arita may not sell or otherwise transfer their shares without the prior written consent of SMBC Nikko Securities. SMBC Nikko Securities may, at its discretion, release part or all of the agreement or shorten the lock-up period.
Offering structure
Underwriter / lead underwriter
SMBC Nikko Securities Inc.
Intended allottee's holding policy
Not applicable (secondary offering)
Basis for determining the amount to be paid
The indicative price range will be set at a price calculated by multiplying the closing price of the Company's common stock on the Tokyo Stock Exchange on the date on which the offering price and other terms are determined, or the closing price on the most recent date if there is no closing price on that date, by 0.90 to 1.00, and the final price will be determined after taking demand conditions and other factors into account.
| Item | Details |
|---|---|
| Type of issuance or disposal | Secondary offering of shares through an underwriter's purchase and underwriting |
| Number of shares to be issued or disposed of | Common shares: 2,753,800 shares |
| Issue price and disposal price | To be determined. The indicative price range will be set at a price calculated by multiplying the closing price on the Tokyo Stock Exchange on the date on which the offering price and other terms are determined by 0.90 to 1.00, and the final price will be determined after taking demand conditions and other factors into account. |
| Intended allottee | Not applicable (public offering and secondary offering) |
| Intended allottee's holding policy | Not applicable (secondary offering) |
| Dilution Rate | Not applicable (secondary offering without the issuance of new shares) |
| Basis for determining the amount to be paid | The indicative price range will be set at a price calculated by multiplying the closing price of the Company's common stock on the Tokyo Stock Exchange on the date on which the offering price and other terms are determined, or the closing price on the most recent date if there is no closing price on that date, by 0.90 to 1.00, and the final price will be determined after taking demand conditions and other factors into account. |
| Transfer restriction period | A lock-up period for Yugen Kaisha Nomura and Yugen Kaisha Arita, which are not selling shareholders, beginning on the date on which the offering price and other terms are determined and ending on the 180th day after the settlement date |
| Conditions for lifting transfer restrictions | Yugen Kaisha Nomura and Yugen Kaisha Arita may not sell or otherwise transfer their shares without the prior written consent of SMBC Nikko Securities. SMBC Nikko Securities may, at its discretion, release part or all of the agreement or shorten the lock-up period. |
| Underwriter / lead underwriter | SMBC Nikko Securities Inc. |
Items this document does not state (18)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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.Amid progress in reviewing cross-shareholdings, the Company consulted with certain shareholders that hold the Company's shares as cross-shareholdings and obtained their understanding. Through the offering, the Company aims to broaden its shareholder base, particularly among individual investors, and improve the liquidity of its shares.
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.