Tokyo Energy & Systems Inc.
Notice Regarding Determination of Offering Price, etc.
The offering price of the Company's common shares is 1,837 yen per share, total offering amount is approximately 4,952 million yen, the overallotment shares are 404,300 shares, the application period is February 26, 2026, and the settlement date is March 4, 2026.
Key Figures
- Offering Price: 1,837 yen (per share)
- Total Offering Amount: 4,952,000,900 yen
- Overallotment Offering Shares: 404,300 shares
AI要約
Overview of Capital Policy
Tokyo Enesis Co., Ltd. decided on an offering price of 1,837 yen per share for common shares, based on the Board of Directors' resolution dated February 16, 2026. The total offering amount is approximately 4,952 million yen, with an underwriting price of 1,761.24 yen, and total underwriting amount of approximately 4,747 million yen. The application period is February 26, 2026, and the settlement date is March 4, 2026. Additionally, the number of shares offered through the overallotment option is 404,300 shares, priced at the same 1,837 yen per share, totaling approximately 742 million yen. The offering price was determined with a 3.01% discount based on the benchmark price of 1,894 yen on February 25, 2026.
Impact on Shareholders and Future Schedule
Since underwriters purchase shares at the underwriting price and sell at the offering price, market liquidity for shareholders is expected to improve. The application period is February 26, 2026, the settlement date is March 4, 2026, and the syndicate covering transaction period is set from February 27, 2026, to March 25, 2026. This ensures a smooth execution of the share offering. There is no description of changes in the number of shares or dilution rate attributable to the offering.
