Reorganization of Capital Structure through the Acquisition and Cancellation of Class C Shares
First written in FY2018-Q1. 4 of 6 entries say "Cited as achieved", first in FY2018-Q2. Latest entry: FY2025.
Unitika moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「All Class A and Class B classified shares were acquired on 30 April 2025 and cancelled on the same date. In addition, Class C classified shares, which are unlisted shares, were issued by way of a third-party allotment on 30 April 2025.」
Unlike the previously completed acquisition and cancellation of Class C classified shares, the capital structure was revised by acquiring and cancelling all Class A and Class B classified shares, then issuing 115,504,600 Class C classified shares, with a total amount of approximately ¥20 billion, to the institution as the allottee. - FY2019-Q3Cited as achievedAnnual report
「The company resolved to acquire all of the Class C classified shares it had issued, with a total issue amount of ¥10 billion, for cash consideration pursuant to Article 13-4, Paragraph 6 of its Articles of Incorporation, which provides for acquisition in exchange for cash, and to cancel the shares pursuant to Article 178 of the Companies Act subject to that acquisition. The acquisition and cancellation were completed on 30 June 2017.」
The completion of the acquisition and cancellation of the Class C classified shares is being reiterated as a past achievement in reorganising the capital structure. - FY2019-Q2Cited as achievedAnnual report
「The acquisition and cancellation were completed on 30 June 2017.」
The completion of the acquisition and cancellation of the Class C classified shares continues to be disclosed as a past achievement in reorganising the capital structure. - FY2018Cited as achievedAnnual report
「As scheduled, all Class C classified shares, with a total issue amount of ¥10 billion, were acquired and cancelled on 30 June 2017 pursuant to the Articles of Incorporation and the Companies Act.」
The completion of the acquisition and cancellation of the Class C classified shares continues to be disclosed as an annual achievement in strengthening the financial position. - FY2018-Q2Cited as achievedAnnual report
「The company resolved to acquire all of the Class C classified shares it had issued, with a total issue amount of ¥10 billion, for cash consideration pursuant to Article 13-4, Paragraph 6 of its Articles of Incorporation, which provides for acquisition in exchange for cash, and to cancel the shares pursuant to Article 178 of the Companies Act subject to that acquisition. The acquisition and cancellation were completed on 30 June 2017.」
The completion of the acquisition and cancellation of the Class C classified shares continues to be disclosed as a material change in shareholders' equity. - FY2018-Q1AchievedAnnual report
「The company resolved to acquire all of the Class C classified shares it had issued, with a total issue amount of ¥10 billion, for cash consideration pursuant to Article 13-4, Paragraph 6 of its Articles of Incorporation, which provides for acquisition in exchange for cash, and to cancel the shares pursuant to Article 178 of the Companies Act subject to that acquisition. The acquisition and cancellation were completed on 30 June 2017.」
The company acquired 10,000 Class C classified shares for ¥1,194,958.9 per share, for a total of ¥11,949,589,000, and cancelled all of the shares on the same date. The acquisition and cancellation reduced capital surplus by ¥11,949,589,000.