Worth reading
42Recurring
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
4180
¥ millionWording
Definitive
How definitive the wording is.Details of issuance or disposal
8th series unsecured bonds with provisions for deferred interest payments and early redemption (with a subordinated covenant)
Intended allottee
Public offering in Japan; primarily targeting individual investors
Total issue value
¥418 billion
Amount of funds to be raised
Total amount to be paid: Not disclosed; estimated net proceeds: Not disclosed
Specific use of funds
Funds for refinancing the domestic hybrid bonds whose first optional redemption date is in June 2026, and other purposes
Offering structure
Underwriter / lead underwriter
Daiwa Securities Co., Ltd.Mizuho Securities Co., Ltd.SBI SECURITIES CO., LTD.Tokai Tokyo Securities Co., Ltd.Okasan Securities Co., Ltd.Mito Securities Co.,Ltd.岩井コスモ証券株式会社
Payment date
22 April 2026
Most recent equity financing
Timing First optional redemption date in June 2026 / Type Domestic hybrid bonds / Amount ¥405 billion
| Item | Details |
|---|---|
| Type of issuance or disposal | 8th series unsecured bonds with provisions for deferred interest payments and early redemption (with a subordinated covenant) |
| Issue price and disposal price | ¥1 million per bond |
| Total issue value | ¥418 billion |
| Amount of funds to be raised | Total amount to be paid: Not disclosed; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Funds for refinancing the domestic hybrid bonds whose first optional redemption date is in June 2026, and other purposes / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | 22 April 2026 |
| Intended allottee | Public offering in Japan; primarily targeting individual investors |
| Underwriter / lead underwriter | Daiwa Securities Co., Ltd., Mizuho Securities Co., Ltd., SBI SECURITIES CO., LTD., Tokai Tokyo Securities Co., Ltd., Okasan Securities Co., Ltd., Mito Securities Co.,Ltd., 岩井コスモ証券株式会社 |
| Most recent equity financing | Timing First optional redemption date in June 2026 / Type Domestic hybrid bonds / Amount ¥405 billion |
Items this document does not state (19)
Number of shares to be issued or disposed ofEstimated issuance expensesIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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.To refinance the domestic hybrid bonds (¥405 billion) whose first optional redemption date is in June 2026.
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.