OSAKA Titanium technologies Co.,Ltd.
Notice Regarding New Stock Issuance and Public Offering
Issuing 7,000,000 new shares and offering 1,050,000 shares via public offering. Proceeds from the public equity issuance will be allocated to investment in sponge titanium manufacturing equipment, with an expected total fundraising of up to about 39 billion yen and grant assistance of about 8 billion yen. Aims to strengthen retained earnings and financial flexibility.
Key Figures
- New shares issued: 7,000,000 shares
- Shares to be offered: 1,050,000 shares
- Sponge titanium manufacturing equipment investment: about 39,000 million yen
- Certified grant: up to about 8,000 million yen
- Total funds raised: Unknown
AI要約
Overview of funding and purpose
The company intends to raise approximately 39 billion yen through the new stock issuance and the public offering, with part of the funds to be allocated to the expansion of sponge titanium manufacturing equipment. Post-completion production capacity is planned to increase by 25% to 50,000 tons per year, and grants applied for are expected to be up to about 8 billion yen.
Use of funds and financial impact
Funds will be allocated to sponge titanium manufacturing equipment investments at Head Office and the Amagasaki Factory, with completion targeted by the end of fiscal 2027. The investment is intended to meet medium- to long-term demand growth and to enhance financial flexibility, contributing to economic security and global supply chain stability.
Osaka Titanium Technologies Co., Ltd.
Company overview · Stock price · Financial data · All IR
