Notice on Issuance of New Shares and Sale of Treasury Shares through Offering
December 6, 2016
１．Issuance of New Shares and Sale of Treasury Shares through Offering
| (1) Type and number of shares to be offered | 2,800,000 shares of the Company's common stock Note: 1,469,800 new shares and 1,330,200 treasury shares | |
| (2) Amount by which stated capital and capital reserve are to be increased | The amount by which stated capital is to be increased will be equal to one- half of the maximum amount by which stated capital can be increased as calculated in accordance with Article 14, Paragraph 1 of the Rules of Account Settlement of Companies, and any fractions less than one yen arising as a result of the calculation will be rounded up to the nearest whole yen. The amount by which capital reserve is to be increased will be equal to the maximum amount by which stated capital can be increased less the amount by which stated capital is to be increased. The amount of the payment for treasury stock will not be included. | |
| (3) Use of proceeds | Repayment of the part of the Company's existing borrowings incurred in connection with the acquisition of MIMS Group, completed in October 2015 | |
２．Changes in Total Number of Issued Shares as a Result of the Capital Increase by the Offering of New Shares
| Current total number of issued shares | 41,909,600 shares | as of December 6, 2016 | |
| Number of shares to be increased through the offering | 1,469,800 shares | ||
| Total number of issued shares after the offering | 43,379,400 shares | ||
３．Changes in Number of Treasury Shares after Sale of Treasury Shares
| Current number of treasury shares | 1,330,272 shares | as of December 6, 2016 | Number of treasury shares to be sold | 1,330,200 shares | Total number of treasury shares after the sale | 72 shares |
| NOTE: This news release does not constitute an offer of any securities for sale. This news release has been prepared for the sole purpose of publicly announcing that the Company has resolved matters relating to the issuance of its new shares and sale of its treasury shares, and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan. The securities referred to above will not be offered or sold within Japan. In addition, this news release is not an offer of securities for sale in the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “Securities Act”). The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. |