The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
(i) Announced on 13 June 2023: "Notice of Changes to the Use of Proceeds from the Issuance of New Shares and Stock Acquisition Rights" / (ii) Announced on 19 January 2024: "Notice of Changes to the Use of Proceeds and Planned Expenditure Timing from the Issuance of New Shares and Stock Acquisition Rights" / (iii) Announced on 12 July 2024: "Notice of Changes to the Use of Proceeds and Planned Expenditure Timing from the Issuance of New Shares and Stock Acquisition Rights" / (iv) Announced on 14 November 2025: "Notice of Changes to the Use of Proceeds from the Issuance of New Shares and Stock Acquisition Rights"
Open the original documentThe specific use of proceeds for working capital for the syrup sales business in Yantai targeting the domestic Chinese market, as stated under "Use of proceeds from this fundraising before the change" and "Specific use of proceeds from this fundraising after the change" in each disclosure
Working capital for domestic syrup sales in Yantai, China
Investment in 太洋物産科技(煙台)有限公司
Because part of the funds raised through the third-party allotment was to be contributed as an investment in the Yantai subsidiary, on the assumption that it would purchase syrup ingredients (sugarcane).
| Item | Details |
|---|---|
| Disclosure subject to correction | (i) Announced on 13 June 2023: "Notice of Changes to the Use of Proceeds from the Issuance of New Shares and Stock Acquisition Rights" / (ii) Announced on 19 January 2024: "Notice of Changes to the Use of Proceeds and Planned Expenditure Timing from the Issuance of New Shares and Stock Acquisition Rights" / (iii) Announced on 12 July 2024: "Notice of Changes to the Use of Proceeds and Planned Expenditure Timing from the Issuance of New Shares and Stock Acquisition Rights" / (iv) Announced on 14 November 2025: "Notice of Changes to the Use of Proceeds from the Issuance of New Shares and Stock Acquisition Rights" |
| Original disclosure date | 13 June 2023, 19 January 2024, 12 July 2024, 14 November 2025 |
| Location of correction | The specific use of proceeds for working capital for the syrup sales business in Yantai targeting the domestic Chinese market, as stated under "Use of proceeds from this fundraising before the change" and "Specific use of proceeds from this fundraising after the change" in each disclosure |
| Details of correction | Working capital for domestic syrup sales in Yantai, China → Investment in 太洋物産科技(煙台)有限公司 |
| Reason for correction | Because part of the funds raised through the third-party allotment was to be contributed as an investment in the Yantai subsidiary, on the assumption that it would purchase syrup ingredients (sugarcane). |
Items this document does not state (1)
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.Because part of the funds raised was to be used for an investment in the Yantai subsidiary, on the assumption that it would purchase syrup ingredients, it was determined that the specific use of proceeds should accurately be stated as "investment in 太洋物産科技(煙台)有限公司."