CORPORATE BOND OFFERING SYSTEM WITH PENSIONS REDEMPTION TYPE NEW SHARE RESERVATION RIGHT, ITS PROGRAM, AND ITS METHOD

摘要

PROBLEM TO BE SOLVED: To reduce retirement benefit obligations, and to strengthen a capital stock, and to suppress future cash drain.;SOLUTION: A bank 3 finances a company 1, and the company 1 loans an employee 2 for purchasing a corporate bond with a new share reservation right. In this case, retirement benefits are offered in security so that the purchase sum of the corporate bond with the new share reservation right is set with the payment expected sum of a retirement allowance as an upper limit. The employee is able to repeatedly respond to the offering of the corporate bond with the new share reservation right. The employee 2 pays the price of the corporate bond with the new reservation right while the employee 2 is in office. When the price is paid in, the company 1 repays the loan from the bank 3. When the employee 2 ends the payment of the price of the corporate bond with the new share reservation right on that day or the next day based on the loan from the bank 3 to the company 1, the company 1 is able to repay the loan on the next day of the loan from the bank 3 to the company 1. Thus, it is possible to prevent the current liabilities of the company 1 from being increased. When the employee 2 retires, the retirement benefits are paid in with a portion of the loan deducted.;COPYRIGHT: (C)2004,JPO