The use of proceeds from the issuance of new shares and stock acquisition rights conducted in 2022 was reviewed. The allocation of ¥50 million to the renewable energy business was discontinued, the allocation to the trading and cross-border e-commerce businesses in China was increased from ¥151 million to ¥201 million, and the expenditure deadline was extended to March 2034. The expenditure deadline for the Thailand business was also extended to March 2027.
Issuance of new shares and First Stock Acquisition Rights through a third-party allotment (with an option to revise the exercise price)
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares and First Stock Acquisition Rights through a third-party allotment (with an option to revise the exercise price) |
| Specific use of funds | Details Acquisition costs for pet food machinery / Amount ¥1 million / Scheduled timing of expenditures September 2022 to December 2024, Details Working capital for domestic syrup sales in Yantai, China / Amount ¥60 million / Scheduled timing of expenditures May 2023 to March 2024, Details Working capital for the cross-border e-commerce business in Weihai, China / Amount ¥15 million / Scheduled timing of expenditures Undetermined, Details Funds for expanding the trading and cross-border e-commerce businesses in China / Amount ¥201 million / Scheduled timing of expenditures July 2024 to March 2034, Details Investment in and loans to TBK GLOBAL TABLE / Amount ¥20 million / Scheduled timing of expenditures November 2025 to March 2027 |
| Most recent equity financing | Timing 1 September 2022 / Type Financing through the issuance of new shares and stock acquisition rights / Amount Not disclosed |
| Impact on Business Performance | The impact of this matter on our results for the fiscal year ending September 2026 is considered to be immaterial. |
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 renewable energy business has been temporarily suspended because suitable sites for renewable energy generation could not be secured and there is no foreseeable prospect of securing them in the future. Accordingly, the business alliance agreement with プライムジャパン株式会社 was terminated by mutual agreement, and the use of proceeds and planned expenditure periods were reviewed.