Worth reading
22Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
20000000
Reverse stock split of shares into 1 shareWording
Conditional
How definitive the wording is.Details of issuance or disposal
Share Consolidation
発行・処分する株式数
Consolidation of 20,000,000 shares into 1 share
Stock Split RatioShare consolidation ratio: 20,000,000 shares into 1 share; effective date: 3 June 2026
Procedures under the Corporate Code of Conduct
The proposals for the share consolidation and amendments to the Articles of Incorporation were approved at the extraordinary general meeting of shareholders held on 15 May 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Share Consolidation |
| Number of shares to be issued or disposed of | Consolidation of 20,000,000 shares into 1 share |
| Total number of issued shares | 44,368,998 shares → 2 shares |
| Stock Split Ratio | Share consolidation ratio: 20,000,000 shares into 1 share; effective date: 3 June 2026 |
| Procedures under the Corporate Code of Conduct | The proposals for the share consolidation and amendments to the Articles of Incorporation were approved at the extraordinary general meeting of shareholders held on 15 May 2026 |
Items this document does not state (23)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To fractionalize the shares held by shareholders other than the tender offeror and carry out this transaction so that the tender offeror becomes the Company's sole shareholder. In addition, following the share consolidation, the number of issued shares will be 2, making provisions concerning the number of shares per trading unit and the Articles of Incorporation applicable to a listed company unnecessary.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.