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Share Issuance and Disposal9941TAIYO BUSSAN KAISHA,LTD.Trading & Wholesale

Notice Regarding Changes to the Use of Proceeds from the 6th Stock Acquisition Rights

The use of proceeds to be raised through the Sixth Stock Acquisition Rights has been changed. The planned expenditure of ¥1,000 million on the pizza delivery business has been cancelled, and the full amount of ¥2,901 million to be raised will be allocated to M&A and capital alliances. The target industries have also been broadened beyond food service and food-related businesses to include areas where synergies are expected across the business as a whole.

Worth reading
78Important
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Details of issuance or disposal

Change in use of proceeds relating to the issuance of the Sixth Stock Acquisition Rights through a third-party allotment (with an option to revise the exercise price)

Amount of funds to be raised

¥2,901 million (total of the specific uses after the change; total payment amount and estimated net proceeds: not disclosed)

Specific use of funds
Funds for M&A and capital alliancesAmount ¥2,901 million / Scheduled timing of expenditures October 2026 to September 2028
Terms of the stock acquisition rights
Exercise price
Only the fact that the rights include an option to revise the exercise price is stated. The specific initial exercise price and floor for revisions: not disclosed
Most recent equity financing
Timing Disclosure dated 24 April 2026; allotment date: 1 July 2026 / Type Issuance of the Sixth Series of Stock Acquisition Rights by third-party allotment (with an option to adjust the exercise price) / Amount ¥2,901 million
Impact on Business Performance
The Company will provide a further update on the outlook and other matters relating to the changes to this financing once they have been determined.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalChange in use of proceeds relating to the issuance of the Sixth Stock Acquisition Rights through a third-party allotment (with an option to revise the exercise price)
Amount of funds to be raised¥2,901 million (total of the specific uses after the change; total payment amount and estimated net proceeds: not disclosed)
Specific use of fundsDetails Funds for M&A and capital alliances / Amount ¥2,901 million / Scheduled timing of expenditures October 2026 to September 2028
Exercise priceOnly the fact that the rights include an option to revise the exercise price is stated. The specific initial exercise price and floor for revisions: not disclosed
Most recent equity financingTiming Disclosure dated 24 April 2026; allotment date: 1 July 2026 / Type Issuance of the Sixth Series of Stock Acquisition Rights by third-party allotment (with an option to adjust the exercise price) / Amount ¥2,901 million
Impact on Business PerformanceThe Company will provide a further update on the outlook and other matters relating to the changes to this financing once they have been determined.
Items this document does not state (22)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodNumber of Stock Acquisition RightsTransfer 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 company will cease to be a consolidated subsidiary as a result of the transfer of shares in IH, a consolidated subsidiary, and the Company will withdraw from the pizza delivery business. In addition, because expenditures and fixed-cost burdens exceeding the initial assumptions were identified, it was determined that continuing the business would require additional, long-term investment of management resources and place a significant burden on the Company. For M&A and capital alliances, the target industries will be broadened to include companies in which synergies are expected across the business as a whole.

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.
Notice Regarding Changes to the Use of Proceeds from the 6th Stock Acquisition Rights | TAIYO BUSSAN KAISHA,LTD. (9941) timely disclosure | Komori