Decision and Details
Board of DirectorsAbolition of the shareholder benefit program
The Company will make AEON CO.,LTD. its sole shareholder through a share consolidation and take the Company's shares private. The discontinuation is subject to the share consolidation taking effect.
| Item | Details |
|---|---|
| Matter Covered | Abolition of the shareholder benefit program |
| Decision-Making Body | Board of Directors |
| Decision Date | 8 April 2026 |
| Implementation Date | Discontinued from the shareholder benefits for which 31 August 2026 is the record date (planned; subject to approval and adoption of the proposal for the share consolidation and the share consolidation taking effect) |
| Period Covered | From the shareholder benefits for which 31 August 2026 is the record date onward |
| Reason | The Company will make AEON CO.,LTD. its sole shareholder through a share consolidation and take the Company's shares private. The discontinuation is subject to the share consolidation taking effect. |
| Related previous disclosures | 8 April 2026: “Notice Regarding the Share Consolidation, Abolition of the Provisions on the Number of Shares Constituting One Unit, and Partial Amendments to the Articles of Incorporation” |
| Future plans | The proposal for the share consolidation will be submitted to the Annual General Meeting of Shareholders and the class meeting of common shareholders scheduled for 22 May 2026. If the proposal is approved and adopted and the share consolidation takes effect, the program will be discontinued from the shareholder benefits for which 31 August 2026 is the record date. Issued shareholder benefit vouchers may continue to be used until their expiration dates. |
Items this document does not state (4)
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 Company plans to make AEON CO.,LTD. its sole shareholder through a share consolidation and take the Company's shares private and delist them. The discontinuation is subject to approval and adoption of the proposal for the share consolidation and the share consolidation taking effect.