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Share Issuance and Disposal2686GFOOT CO.,LTD.Retail

Notice Regarding the Making of GFOOT CO.,LTD. a Wholly Owned Subsidiary Through a Share Consolidation by AEON CO.,LTD.'s Subsidiary, GFOOT CO.,LTD.

GFOOT CO.,LTD. is expected to become a wholly owned subsidiary of AEON CO.,LTD. and be delisted, as the shares held by shareholders other than AEON CO.,LTD. will become fractional shares of less than one share through a share consolidation, which AEON CO.,LTD. will purchase.

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Details of issuance or disposal

Share consolidation

Stock Split RatioThe share consolidation ratio is Not disclosed. The effective date is 25 June 2026 (scheduled).
Procedures under the Corporate Code of Conduct
The proposals will be submitted to the ordinary general meeting of shareholders and the class meeting of common shareholders scheduled for 22 May 2026. Class meetings of holders of Class A shares and Class B shares are scheduled to be approved by deemed resolution. Court approval is scheduled to be obtained for the sale of the fractional shares.
Most recent equity financing
Capital increases from AEON CO.,LTD. (twice, approximately ¥11.5 billion)
Impact on Business Performance
The impact on AEON CO.,LTD.'s financial results is currently under review, but is considered immaterial at this time.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalShare consolidation
Total number of issued shares42,580,900 shares (as of 28 February 2026) → Not disclosed
Stock Split RatioThe share consolidation ratio is Not disclosed. The effective date is 25 June 2026 (scheduled).
Procedures under the Corporate Code of ConductThe proposals will be submitted to the ordinary general meeting of shareholders and the class meeting of common shareholders scheduled for 22 May 2026. Class meetings of holders of Class A shares and Class B shares are scheduled to be approved by deemed resolution. Court approval is scheduled to be obtained for the sale of the fractional shares.
Most recent equity financingCapital increases from AEON CO.,LTD. (twice, approximately ¥11.5 billion)
Impact on Business PerformanceThe impact on AEON CO.,LTD.'s financial results is currently under review, but is considered immaterial at this time.
Items this document does not state (22)
Number of shares to be issued or disposed ofIssue 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 underwriterOverallotmentMajor shareholders after the offering

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 accelerate decision-making, strengthen collaboration between GFOOT CO.,LTD. and other AEON Group companies, integrate management resources and expertise, restore growth in the footwear business, strengthen merchandise planning capabilities, consolidate loss-making stores, and rationalize head-office costs.

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.
Notice Regarding the Making of GFOOT CO.,LTD. a Wholly Owned Subsidiary Through a Share Consolidation by AEON CO.,LTD.'s Subsidiary, GFOOT CO.,LTD. | GFOOT CO.,LTD. (2686) timely disclosure | Komori