Nippon Rietec Co.,Ltd.

1938.T
Engineering & Construction
2026/03/03 Updated
Market Cap: $499.6M (¥78.1B)
Stock Price: $20.16 (¥3,150)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Determination of Offering Price, etc.

Nihon Re-tech Co., Ltd. announced on March 3, 2026, that the offering price for common shares was set at 2,934 yen per share. Although the number of shares to be offered is unknown, the total offering amount is approximately 4,385,743,200 yen. The subscription period is from March 4 to March 5, 2026, and the settlement date is March 10.

Importance:
Page Updated: March 3, 2026
IR Disclosure Date: March 3, 2026

Key Figures

  • Offering Price: 2,934 yen per share
  • Total Offering Amount: 4,385,743,200 yen
  • Overallotment Number of Shares: 224,200 shares

AI要約

Overview of Capital Policy

Nihon Re-tech Co., Ltd. resolved at its Board of Directors meeting on February 20, 2026, to conduct a secondary offering of common shares. The offering price is set at 2,934 yen per share, with a total offering amount of approximately 4,385,743,200 yen. The underwriting price is 2,782.75 yen per share, totaling approximately 4,159,654,700 yen. The subscription period is from March 4 to March 5, 2026, and the settlement date is March 10. Additionally, an overallotment option will be exercised for 224,200 shares totaling approximately 657,802,800 yen. The offering price was set at a 3.01% discount relative to the reference price of 3,025 yen on March 3, 2026.

Impact on Shareholders and Upcoming Schedule

Underwriters will purchase shares at the underwriting price and sell them on the market at the offering price. This is expected to increase the number of tradable shares and may alter the shareholder composition. The subscription period is short, and the settlement date is close on March 10, 2026, so investors need to respond promptly. The syndicate covering period is set from March 6 to March 25, 2026, establishing a framework to stabilize the offering.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.