In order to strengthen its capital base and the financial structure, Seiko Instruments Inc. (SII) has newly issued shares equivalent to five billion yen and allocated those shares to third parties as of March 29, 2007.
Summary: Allocation of New Shares
(1)Number of new shares: 5,000,000 preferred shares
(2)Total value of issue: 5,000,000,000 yen
(3)Increased capitalization: 2,500,000,000 yen
(4)Allocated to:
Kyobashi Kigyo Corporation / 3,000,000 shares
Seiko Corporation / 2,000,000 shares
After this allocation, the SII’s capital was increased from 4,750,000,000 yen to 7,250,000,000 yen.
Contact Information
Seiko Instruments Inc.
Corporate Communications Dept.
Online Inquiry