On March 24, 2026, upon satisfaction of the stock price condition, the right to early redeem the remaining 22.77 billion yen of 2028 maturity Euro Yen convertible bonds at 100% of par was exercised. The early redemption date is June 22, 2026.<\/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":"6890","jir_company_name":"FerroTec Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/6890-20260423-01.pdf","jir_short_summary":"On March 24, 2026, upon satisfaction of the stock price condition, the right to early redeem the remaining 22.77 billion yen of 2028 maturity Euro Yen convertible bonds at 100% of par was exercised. The early redemption date is June 22, 2026.","jir_summary":"### Overview of Early Redemption\nFerroTec Corporation exercised the right to early redeem the entire remaining amount of 22.77 billion yen of the 2028 maturity Euro Yen convertible bonds with warrants issued on June 23, 2023, at 100% of par, as the stock price condition defined under the 130% call option clause in the bond indenture was satisfied on March 24, 2026. The early redemption date is set for June 22, 2026.\n\n### Impact on Shareholders and Bondholders\nThe exercise period for the warrants is until June 17, 2026. Bondholders who exercise their warrants within this period have the right to receive additional common shares due to retrospective adjustment of the conversion price. The latest stock price is 7,000 yen, significantly exceeding the conversion price of 3,592.9 yen, indicating a high possibility of conversion into shares. This may affect the capital structure and number of shares outstanding.","jir_financial_highlights":"Total Amount Subject to Early Redemption: 22.77 billion yen (par value) (Unknown)\nEarly Redemption Amount: 100% of the par value of the bonds (Unknown)\nLatest Stock Price: 7,000.0 yen (Closing price on April 22, 2026) (Unknown)","jir_category":"","jir_hashtags":"#FerroTec, #ConvertibleBonds, #EarlyRedemption","jir_key_figures":"Total Amount Subject to Early Redemption: 22.77 billion yen (As of April 21, 2026)\nEarly Redemption Date: June 22, 2026\nLatest Stock Price: 7,000.0 yen (Closing price on April 22, 2026)","jir_meta_title":"\u3010FerroTec\u3011Early Redemption of 22.77 Billion Yen 2028 Maturity Convertible Bonds\uff5cApril 2026","jir_meta_description":"FerroTec has exercised its right to early redeem 22.77 billion yen of 2028 maturity Euro Yen convertible bonds based on the 130% call option clause and plans to redeem at 100% of par on June 22, 2026.","jir_og_title":"\u3010FerroTec\u3011Early Redemption of 22.77 Billion Yen 2028 Maturity Convertible Bonds\uff5cApril 2026","jir_og_description":"FerroTec will early redeem 22.77 billion yen of 2028 maturity convertible bonds at 100% of par due to rights exercise triggered by stock price increase.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8880,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-41989","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n