TOKYO, May 28 (Pulse News Wire) – AP Holdings CO.,LTD. (3175.T) announced plans to issue shares through third party allocation to bolster its capital structure and support growth strategies.
The company's board approved the issuance of ordinary shares to NIGITA and preferential shares to Suntory, contingent upon shareholder approval at the scheduled June 25 annual general meeting. The ordinary share issuance involves allocating up to 109,052 shares to NIGITA, while the preferential share issuance includes issuing 150 shares to Suntory. Both allocations aim to raise funds totaling approximately ¥150 million.
The funds will be used for expansion investments and store renovations aimed at enhancing profitability amid inflationary pressures. Additionally, the company will reduce its capital base by ¥250 million effective June 30, subject to completion of the share issuances. Major shareholders' stakes post-allocation will see changes, notably with NIGITA acquiring a significant stake in AP Holdings.
This strategic move follows extensive restructuring efforts completed in fiscal 2026, positioning the firm for sustainable value creation and improved financial health.
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