Daido Metal Co., Ltd.

2026/03/17 Updated
Market Cap: $277.7M (¥44.3B)
Stock Price: $5.93 (¥945)
Exchange Rate: 1 USD = ¥159.49

Notice Regarding Determination of Offering Price, etc.

At the resolution on March 17, 2026, the offering price for the common shares was set at 925 yen per share, with the total offering amount approximately 5,021,825,000 yen. The over-allotment shares amount to 814,300 shares, totaling approximately 753,227,500 yen.

Importance:
Page Updated: March 17, 2026
IR Disclosure Date: March 17, 2026

Key Figures

  • Offering Price: 925 yen
  • Total Offering Amount: 5,021,825,000 yen
  • Over-Allotment Offered Shares: 814,300 shares

AI要約

Overview of the Share Offering

Based on the board resolution dated March 10, 2026, the offering price for the Company's common shares was set at 925 yen per share. The total offering amount is 5,021,825,000 yen, with the underwriting price set at 886.84 yen per share, totaling 4,814,654,360 yen. The application period is from March 18 to March 19, 2026, with the settlement date on March 25. The over-allotment portion consists of 814,300 shares, offered at the same price of 925 yen, totaling 753,227,500 yen.

Calculation of Offering Price and Related Schedule

The offering price was determined based on March 17, 2026 as the reference date, applying a 3.04% discount to the price of 954 yen on that day. The exercise period for the green shoe option is set from March 25 to April 17, 2026, with the syndicate covering transaction period also scheduled from March 20 to April 17, 2026. These measures aim to ensure a stable execution of the share offering.

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