Conversion of Class A1 and Class A2 Preferred Shares into Common Shares and Cancellation
First written in FY2024-Q3. 4 of 5 entries say "Cited as achieved", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Cited as achieved".
- FY2026Cited as achievedAnnual report
「Pursuant to a resolution of the Board of Directors held on 16 November 2023, on 1 December 2023 we acquired all Class A1 and Class A2 preferred shares as treasury shares and delivered one common share for each Class A1 and Class A2 preferred share, respectively.」
The conversion and cancellation of preferred shares are restated as a historical change in the share structure underlying key management indicators. - FY2025Cited as achievedAnnual report
「At the Board of Directors meeting held on 16 November 2023, we resolved to acquire all Class A1 and Class A2 preferred shares pursuant to the acquisition provisions in the Articles of Incorporation. On 1 December 2023, we acquired them as treasury shares and delivered one common share to holders of each class for each Class A1 or Class A2 preferred share. The acquired class shares decreased through cancellation of treasury shares on the same date.」
The conversion and cancellation of preferred shares are restated as historical changes underlying issued shares and per-share information. - FY2025-H1Cited as achievedAnnual report
「Pursuant to a resolution of the Board of Directors held on 16 November 2023, on 1 December 2023 we acquired all Class A1 and Class A2 preferred shares as treasury shares and delivered one common share as consideration for each Class A1 and Class A2 preferred share, respectively. We also cancelled all Class A1 and Class A2 preferred shares acquired by the company on 1 December 2023 pursuant to the same resolution.」
The conversion and cancellation of preferred shares are restated as a historical change in the share structure in the notes to key management indicators. - FY2024Cited as achievedAnnual report
「At the Board of Directors meeting held on 16 November 2023, we resolved to acquire all Class A1 and Class A2 preferred shares pursuant to the acquisition provisions in the Articles of Incorporation. On 1 December 2023, we acquired them as treasury shares and delivered one common share for each Class A1 and Class A2 preferred share. We also cancelled all of them on the same date pursuant to Article 178 of the Companies Act.」
The conversion and cancellation of preferred shares are restated as historical events underlying the statement of changes in shareholders' equity and per-share information. - FY2024-Q3First statedAnnual report
「Pursuant to a resolution of the Board of Directors held on 16 November 2023, on 1 December 2023 we acquired all Class A1 and Class A2 preferred shares as treasury shares and delivered one common share as consideration for each Class A1 and Class A2 preferred share, respectively. We also cancelled all Class A1 and Class A2 preferred shares acquired by the company on 1 December 2023 pursuant to the same resolution.」
The company reports the conversion of preferred shares into common shares and cancellation of the acquired preferred shares as changes in its share structure.