Conversion and cancellation of preferred shares into common shares
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Upon the exercise of acquisition rights by the 31 May 2024 deadline, the Company acquired 773 Class A preferred shares, 375 Class B preferred shares, 100 Class C preferred shares, 785 Class D preferred shares and 534 Class E preferred shares as treasury shares, and delivered 773 common shares to the Class A preferred shareholder, 375 common shares to the Class B preferred shareholder, 100 common shares to the Class C preferred shareholder, 785 common shares to the Class D preferred shareholder and 534 common shares to the Class E preferred shareholder as consideration. In accordance with a resolution of the Board of Directors held on 5 June 2024, the Company cancelled all 773 Class A preferred shares, 375 Class B preferred shares, 100 Class C preferred shares, 785 Class D preferred shares and 534 Class E preferred shares held as treasury shares on the same date.」
Reconfirms the conversion and cancellation of the preferred shares in the notes on changes in the number of shares and treasury share transactions. - FY2025-H1First statedAnnual report
「Upon the exercise of acquisition rights by the 31 May 2024 deadline, the Company acquired 773 Class A preferred shares, 375 Class B preferred shares, 100 Class C preferred shares, 785 Class D preferred shares and 534 Class E preferred shares as treasury shares, and delivered 773 common shares to the Class A preferred shareholder, 375 common shares to the Class B preferred shareholder, 100 common shares to the Class C preferred shareholder, 785 common shares to the Class D preferred shareholder and 534 common shares to the Class E preferred shareholder as consideration. In accordance with a resolution of the Board of Directors held on 5 June 2024, the Company cancelled all 773 Class A preferred shares, 375 Class B preferred shares, 100 Class C preferred shares, 785 Class D preferred shares and 534 Class E preferred shares held as treasury shares on the same date.」
The preferred shares were converted into common shares upon the exercise of acquisition rights, and all of the acquired preferred shares were cancelled.