Taiyo Bussan Kaisha,Ltd.
Correction Notice: Correction of Use of Proceeds and Change in Scheduled Expenditure Timing for Issuance of New Shares and New Share Acquisition Rights
Discloses corrections to the use of proceeds from a third-party allotment and changes to the timing of expenditures. Corrections include the investee and investment purpose, and partial revisions to the allocation status.
Key Figures
- Investee: Investment to Taiyo Bussan Technology (Yantai) Co., Ltd. 60 million yen
- Weihai joint venture investment 15 million yen (unallocated)
- Trade & cross-border e-commerce expansion funds 151 million yen (allocated)
- Investment and loan to TBK GLOBAL TABLE 20 million yen (November 2025–March 2027)
AI要約
Purpose and Background of the Correction
This notice makes corrections to the announcements regarding the issuance of new shares and new share acquisition rights by third-party allotment published in 2022 and the announcement published in September 2026, on the grounds that the descriptions of use of proceeds and scheduled timing of expenditures were inappropriate or incomplete. The main corrections concern the accuracy of the investee notation for funds for the Yantai syrup business, the treatment of funds allocated to the solar business, the allocation status of operating deposits related to Prime Japan, a re-examination of amounts already allocated, and the reflection of deletions and additions of certain uses.
Details of Corrections and Current Allocation Status
After correction, the investee notation is revised to investment to Taiyo Bussan Technology (Yantai) Co., Ltd. and related items are organized. The current allocation status specifies that 1 million yen for acquisition of a mixer for the pet food business has been allocated, 60 million yen for syrup sales to Yantai has been allocated, 15 million yen for investment in the Weihai joint venture is unallocated, 151 million yen for expansion of trade and cross-border e-commerce has been allocated (deleted), and so on. Future payment timing is TBD.
Taiyo Bussan Kaisha,Ltd.
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