Details of issuance or disposal
Share Consolidation
28,305,924 common shares consolidated into 15 shares (1,838,125 shares consolidated into 1 share)
| Item | Details |
|---|---|
| Type of issuance or disposal | Share Consolidation |
| Number of shares to be issued or disposed of | 28,305,924 common shares consolidated into 15 shares (1,838,125 shares consolidated into 1 share) |
| Total number of issued shares | 28,305,924 shares → 15 shares |
| Stock Split Ratio | 1,838,125 shares consolidated into 1 share; effective date: 30 July 2026 (scheduled) |
| Procedures under the Corporate Code of Conduct | At the extraordinary general meeting of shareholders held on 9 July 2026, the proposals for the share consolidation and amendments to the Articles of Incorporation were approved as originally proposed |
Items this document does not state (23)
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 share consolidation will be carried out as part of a transaction that will ultimately result in Daito Trust Construction Co., Ltd. becoming the Company's sole shareholder. Following the share consolidation, it will no longer be necessary to specify the number of shares per unit. In addition, as a result of the delisting, provisions concerning the record date for the annual general meeting of shareholders and the electronic provision system for materials for general meetings of shareholders will no longer be necessary.