Koei Tecmo finalizes treasury share disposal, secures ¥5.7bn from allotment
Koei Tecmo Holdings Co., Ltd. announced on September 26, 2025, the final determination for the disposal of 3,260,000 treasury shares through a third-party allotment. The allottee has elected to subscribe for the entirety of the available shares at ¥1,752.12 per share, totaling ¥5,711,911,200. The subscription date is set for September 29, 2025, with payment due on September 30, 2025.
This third-party allotment, decided by the board of directors on September 2, 2025, runs concurrently with a public offering and secondary offerings of the company's common stock. Following this disposal and a public offering of 14,740,000 treasury shares, the company's treasury shares will decrease from 20,051,708 as of August 31, 2025, to 2,051,708 shares.
The aggregated net proceeds of ¥31,534,160,000 from the public offerings and third-party allotment will be invested in human capital for the company group's entertainment business. These funds are earmarked for personnel expenses to sustain and expand development of new titles through investments and loans to its subsidiary, KOEI TECMO GAMES CO., LTD., by March 2028. Prior to allocation, the proceeds will be invested in highly secure financial instruments.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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