Japan Electronic Materials Corporation
Notice Regarding the Determination of Issue Price and Selling Price
Planning a public offering of new shares at an issue price of 6,478 yen per share totaling approximately 11.27 billion yen, a share offering of 260,800 shares, and a third-party allotment capital increase with an upper limit of about 1.6 billion yen.
Key Figures
- Public offering share price: 6,478 yen (per share)
- Total amount of public offering: 11,266,537,600 yen
- Number of shares offered: 260,800 shares
AI要約
Overview of Capital Policy
Japan Electronics Materials Co., Ltd. has determined the issue price and selling price for the public offering of new shares and share sell-down based on the board resolution dated February 25, 2026. The issue price for the new shares through public offering is 6,478 yen per share, with a total amount of approximately 11.27 billion yen. Additionally, a share offering of 260,800 shares will be conducted at the same price. Furthermore, a third-party allotment capital increase is also planned, with a total payment amount capped at approximately 1.6 billion yen. The issue price reflects a discount of approximately 9.9% against the reference price of 7,190 yen as of March 10, 2026.
Use of Proceeds and Future Plans
The estimated maximum net proceeds of approximately 12.18 billion yen will be partially allocated to the construction cost of a new factory to expand production capacity of memory-oriented M-type probe cards, responding to the expanding AI-related semiconductor market, by the end of September 2028. The subscription period is from March 11 to 12, 2026 for the public offering and share sell-down, and until March 27, 2026 for the third-party allotment. The payment deadlines are March 16, March 17, and March 30, respectively.
