Issuance of bond-type convertible preferred stock through third-party allotment totaling 12,000,000,000 yen, with total funds of 12 billion yen expected. Allottees are Itochu Corporation and Norin Chuo Kinko. Capital and capital reserve to be reduced by 6 billion yen each and reclassified to other capital surplus. Funds to be used for grid-scale storage battery equipment investments, etc. Issued shares total 56,000,000, with changes in shareholder composition but no voting rights attached.<\/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":"8439","jir_company_name":"Tokyo Century Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8439-20260803-03.pdf","jir_short_summary":"Issuance of bond-type convertible preferred stock through third-party allotment totaling 12,000,000,000 yen, with total funds of 12 billion yen expected. Allottees are Itochu Corporation and Norin Chuo Kinko. Capital and capital reserve to be reduced by 6 billion yen each and reclassified to other capital surplus. Funds to be used for grid-scale storage battery equipment investments, etc. Issued shares total 56,000,000, with changes in shareholder composition but no voting rights attached.","jir_summary":"### Overview\nTokyo Century, looking ahead to its consolidated group's long-term plan 2030, will actively pursue capital policy by issuing bond-type convertible preferred stock. Allottees are Itochu Corporation and Norinchukin Bank, with an estimated total funding of 12,000 million yen. The payment amount per share is 250 yen, and the total issued shares are 8,000,000 (First Issuance), 20,000,000 (Second Issuance), and 20,000,000 (Third Issuance), totaling 48,000,000 shares. The increases in capital and capital reserve of 6 billion yen each will be reduced and reclassified. \n\n### Financial impact and outlook\nProceeds will be allocated to grid-scale storage battery equipment investments, with planned expenditures from October 2026 to March 2027. The policy aims to balance financial soundness and liquidity while accelerating growth investment. The allottees are expected to maintain a long-term investment relationship. The fiscal year ending 2026 serves as the backdrop for executing the mid-term plan, and a highly equity-like funding approach is used to strengthen the financial base.","jir_financial_highlights":"Total issue amount: 12,000,000,000 \u5186 (Unknown)\nPayment date: 2026 \u5e749 \u670818 \u65e5 (Unknown)\nDecrease in capital amount: 60\u5104\u5186 (New capital increase of 60\u5104\u5186 offset by an equivalent decrease)\nDecrease in capital reserve amount: 60\u5104\u5186 (New capital reserve increase of 60\u5104\u5186 offset by an equivalent decrease)","jir_category":"","jir_hashtags":"#TokyoCentury, #CapitalPolicy, #StorageBattery, #IR","jir_key_figures":"Total amount of bond-type convertible preferred stock from third-party allotment: 12,000,000,000 yen\nTotal payment amount: 12,000,000,000 \u5186\nDecrease in capital amount: 60 \u5104\u5186\nDecrease in capital reserve amount: 60 \u5104\u5186\nPayment date: 2026 \u5e749 \u670818 \u65e5\nAllottees: Itochu Corporation and Norinchukin Bank\nInvestment funds for grid-scale storage battery equipment: 119 \u5104\u5186\nPlanned expenditure period: 2026\u5e7410\u6708\uff5e2027\u5e743\u6708","jir_meta_title":"\u3010Tokyo Century Corporation\u3011Capital Policy\u2014Issuance of Bond-type Convertible Stock and Reduction of Capital\uff5cAugust 2026","jir_meta_description":"Tokyo Century implements a capital policy by issuing bond-type convertible stock and reducing capital and capital reserve to enhance capital strength. Funds will be used for storage battery investments; allottee is Itochu Corporation and Norinchukin Bank; payment date is September 18, 2026. Watch progress going forward.","jir_og_title":"\u3010Tokyo Century\u3011Issuing Bond-type Convertible Stock as part of Capital Policy\uff5cAugust 2026","jir_og_description":"Tokyo Century issues bond-type convertible stock as part of its capital policy. Capital and capital reserve will be reduced by 60 billion yen each, with 11.9 billion yen allocated for storage battery investments. Allottees are Itochu Corporation and Norinchukin Bank.","jir_og_image_url":"","jir_chart_data_collection":"[]","ir_related_company":7560,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-93567","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n