{"id":108823,"date":"2026-08-31T16:19:23","date_gmt":"2026-08-31T07:19:23","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9227-20260831-02_wp_financial_summary\/"},"modified":"2026-08-31T16:19:23","modified_gmt":"2026-08-31T07:19:23","slug":"9227-20260831-02_wp_financial_summary","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/","title":{"rendered":"Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties"},"content":{"rendered":"<p>Issuance of 16,420 stock acquisition rights through a third-party allotment to raise approximately 16.03 hundred million yen. The exercise price is adjusted to 90.5% of VWAP, with a lower limit of 588 yen. Use of funds: equipment investment for the low-concentration precious metal recovery business, creation of new businesses, and operating funds. Exercise period about 3 years; allottees limited to SMBC Nikko Securities.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9227","jir_company_name":"Microwave Chemistry Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-31","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/9227-20260831-02.pdf","jir_short_summary":"Issuance of 16,420 stock acquisition rights through a third-party allotment to raise approximately 16.03 hundred million yen. The exercise price is adjusted to 90.5% of VWAP, with a lower limit of 588 yen. Use of funds: equipment investment for the low-concentration precious metal recovery business, creation of new businesses, and operating funds. Exercise period about 3 years; allottees limited to SMBC Nikko Securities.","jir_summary":"### Overview of this matter\nThis supplementary explanation is prepared to deepen understanding of the issuance of the 8th stock acquisition rights through a third-party allotment and the conclusion of a facility agreement. The issuance of stock acquisition rights will raise approximately 16.0 hundred million yen to be allocated to equipment investment for the low-concentration precious metal recovery business, creation of new businesses, and operating funds. The exercise price is revised to 90.5% of VWAP, with a lower limit set at 588 yen. Dilution is capped at a maximum of 10.34%.\n\n### Capital policy and future prospects\nFunds are raised through an \u201cexercise-permission-type scheme\u201d designed to limit abrupt dilution, with exercises expected to occur in stages aligned with stock price movements. Allottees are limited to SMBC Nikko Securities, and share issuance will be executed in response to market conditions. This matter aims to accelerate the growth strategy of the Microwave Wave Solution business, with investments targeting sustained profitability through 2030.","jir_financial_highlights":"Number of stock acquisition rights: 16,420 units (unknown)\n\u6f5c\u5728\u682a\u5f0f\u6570\uff08\u6700\u5927\u5e0c\u8584\u5316\u7387\uff09: 1,642,000 shares (as of June 30, 2026 total voting rights: 10.34%)\nFunding amount: 1,603,509,680 yen (gross proceeds approx.)\n exercisable period: September 17, 2026 \u2013 September 28, 2029 (long term)\nInitial exercise price: 979 yen (close price just before the resolution date)","jir_category":"","jir_hashtags":"#MWCC, #CapitalPolicy, #StockAcquisitionRights, #ThirdPartyAllotment, #FacilityAgreement","jir_key_figures":"Number of stock acquisition rights: 16,420 units\n\u6f5c\u5728\u682a\u5f0f\u6570 (\u6700\u5927\u5e0c\u8584\u5316\u7387): 1,642,000 shares (10.34%)\nFunding amount: 1,603 million yen\nExercise period: 2026\/9\/17\u20132029\/9\/28\nInitial exercise price: 979 yen (adjusted to VWAP basis) Lower limit: 588 yen","jir_meta_title":"Microwave Chemistry: Issuance of Stock Acquisition Rights through Third-Party Allotment | August 2026","jir_meta_description":"Microwave Chemistry issues the 8th stock acquisition rights through third-party allotment, raising approximately 1,603 million yen. The exercise price is adjusted to 90.5% of VWAP, with a lower limit of 588 yen. Funds will be used for equipment investment in the low-concentration precious metal recovery business, creation of new businesses, and operating funds.","jir_og_title":"Microwave Chemistry Announces Issuance of Stock Acquisition Rights via Third-Party Allotment","jir_og_description":"Issuance of 16,420 stock acquisition rights through third-party allotment, funding amount about 1,603 million yen. Exercise price adjusted to 90.5% of VWAP, lower limit 588 yen. Funds for equipment investment, new business creation, and operations.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":58509,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-108823","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/\",\"name\":\"Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-08-31T07:19:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/","url":"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/","name":"Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-08-31T07:19:23+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-9227\/ir\/9227-20260831-02_wp_financial_summary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Supplementary Explanation Materials on the Issuance of the 8th Stock Acquisition Rights through Allotment to Third Parties"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"58509","title":"MICROWAVE CHEMICAL CO LTD","ticker":"9227"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/108823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=108823"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/108823\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=108823"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=108823"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=108823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}