NICHIDEN Corporation
Notice Regarding Determination of Offering Price, etc.
Niden Co., Ltd. decided the offering price of common shares at JPY 2,425 per share, totaling approximately JPY 4,563.85 million, at the Board of Directors meeting held on February 10, 2026. The application period is from February 19 to 20, 2026, and the settlement date is February 26.
Key Figures
- Offering Price: JPY 2,425 per share
- Total Offering Price Amount: JPY 4,563,850,000
- Over-Allotment Shares Offered: 282,300 shares
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on February 10, 2026, Niden Co., Ltd. determined the offering price and other terms for the sale of common shares. The offering price is JPY 2,425 per share, with a total amount of approximately JPY 4,563.85 million. The subscription price is JPY 2,325 per share, totaling approximately JPY 4,375.65 million. The application period is from February 19 to 20, 2026, and the settlement date is February 26. Additionally, 282,300 shares will be offered through an over-allotment option at JPY 2,425 per share, totaling approximately JPY 684.57 million. The reference date for price calculation is February 18, 2026, with a base price of JPY 2,500 and a 3.00% discount applied.
Impact on Shareholders and Upcoming Schedule
This offering will be conducted by an underwriting method where underwriters purchase shares at the subscription price and offer them to the market at the offering price. This is expected to increase the number of market-traded shares, potentially causing dilution. The application period is from February 19 to 20, 2026, with the settlement date on February 26. The green shoe option exercise period is from February 26 to March 19, and the syndicate covering transaction period is from February 21 to March 19. Investors should review the offering prospectus and make their decisions accordingly.
