Hoosiers Holdings sets share price for new issuance, treasury stock offering

Hoosiers Holdings has set the issue price and offering price for its shares at JPY 1,248 per share, with the disposal price for its treasury stock also at JPY 1,248 per share. The new share issuance is expected to raise JPY 5,805,945,600, while the disposal of treasury stock will generate JPY 624,000,000. A public offering (overallotment option) of 697,800 shares will raise JPY 870,854,400. The application period for these transactions is scheduled for August 27-28, 2025, with payment due on September 2, 2025.

In a concurrent third-party allotment, the issue price is JPY 1,196.52 per share, aiming to raise a maximum of JPY 834,931,656. The application period for this allotment is September 25, 2025, with payment due on September 26, 2025. The total estimated proceeds of up to JPY 6,361,382,000 from the general offering and third-party allotment are earmarked for land acquisition and construction costs for senior condominium projects by March 2027. This is part of the company’s strategy to enhance profitability and expand its CCRC business.