Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Decision and Details
The Company's Board of DirectorsAbolition of the shareholder benefit program
Decision13 May 2026
Period CoveredFiscal year ending March 2027 onward
ImplementationFrom the fiscal year ending March 2027 (subject to the successful completion of the tender offer)
Going forwardIf the tender offer is completed, the benefits provided based on the shareholder registry as of 30 September 2025 will be the final benefits, after which the program will be abolished. If the tender offer is not completed, the Company will promptly decide whether to provide shareholder benefits and will make a further announcement.
Quantity / scaleShareholders holding 100 shares (1 trading unit) or more are eligible. The benefits provided to shareholders listed or recorded in the shareholder registry as of 30 September 2025 will be the final benefits.
Reason
The tender offeror intends to take the Company's shares private through this tender offer and a series of subsequent procedures, and the Company's shares are expected to be delisted.
| Item | Details |
|---|---|
| Matter Covered | Abolition of the shareholder benefit program |
| Decision-Making Body | The Company's Board of Directors |
| Decision Date | 13 May 2026 |
| Implementation Date | From the fiscal year ending March 2027 (subject to the successful completion of the tender offer) |
| Period Covered | Fiscal year ending March 2027 onward |
| Quantity / scale | Shareholders holding 100 shares (1 trading unit) or more are eligible. The benefits provided to shareholders listed or recorded in the shareholder registry as of 30 September 2025 will be the final benefits. |
| Reason | The tender offeror intends to take the Company's shares private through this tender offer and a series of subsequent procedures, and the Company's shares are expected to be delisted. |
| Related previous disclosures | 13 May 2026: “Notice Regarding the Expression of an Opinion on and Recommendation to Tender in the Tender Offer for the Company's Shares by ＴＣＧ2511株式会社” |
| Future plans | If the tender offer is completed, the benefits provided based on the shareholder registry as of 30 September 2025 will be the final benefits, after which the program will be abolished. If the tender offer is not completed, the Company will promptly decide whether to provide shareholder benefits and will make a further announcement. |
Items this document does not state (3)
AmountImpact on Business PerformanceGoverning Rule
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.The tender offeror is expected to take the Company private through a series of procedures, resulting in the delisting of the Company's shares.
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.