NIPPON CHEMI-CON CORPORATION [6997.T]
TOKYO, Jun 29 (Pulse News Wire) – NIPPON CHEMI-CON CORPORATION (6997.T) completed the issuance of C and D class shares through third-party allocation to Japan Policy Investment Bank. As part of this transaction, the capital reduction effective June 29 was implemented, reducing the total capital from ¥9.953 billion to ¥5.453 billion.
Additionally, the acquisition and cancellation of A-class shares were finalized, with 10,000 shares acquired at a price of ¥1.1 million per share. The issuance involved C-class shares totaling 6,000 and D-class shares totaling 3,000. Post-issuance, the total number of ordinary shares increased to 27,992,541, while the total capital stands at ¥9.953 billion.
The capital decrease resulted in a reduction of the capital reserve from ¥5.022 billion to ¥522.0 million, with the surplus fund increasing by ¥9 billion. Following the completion of the third-party allocation issuance, all outstanding A-class shares were canceled, marking their complete removal from circulation. The company's capital structure now reflects these changes, aligning with previously disclosed plans.
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