Worth reading
28Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
2487400
Reverse stock split of shares into 1 shareWording
Conditional
How definitive the wording is.Details of issuance or disposal
Reverse stock split, abolition of provisions on share units, and partial amendments to the Articles of Incorporation
発行・処分する株式数
Consolidation of 2,487,400 ordinary shares into 1 share
Offering structure
Major shareholders after the offering
Expected to consist solely of the tender offeror and 株式会社トミーコーポレーション (ownership ratio: Not disclosed)
Procedures under the Corporate Code of Conduct
Proposals No. 1 and No. 2 were submitted to the extraordinary general meeting of shareholders, and both were approved as originally proposed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Reverse stock split, abolition of provisions on share units, and partial amendments to the Articles of Incorporation |
| Number of shares to be issued or disposed of | Consolidation of 2,487,400 ordinary shares into 1 share |
| Total number of issued shares | 13,780,262 shares (after cancellation of treasury shares and before the share consolidation takes effect) → 5 shares (after the consolidation takes effect) |
| Procedures under the Corporate Code of Conduct | Proposals No. 1 and No. 2 were submitted to the extraordinary general meeting of shareholders, and both were approved as originally proposed. |
| Major shareholders after the offering | Expected to consist solely of the tender offeror and 株式会社トミーコーポレーション (ownership ratio: Not disclosed) |
Items this document does not state (23)
Issue 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 underwriterOverallotmentStock Split RatioMost recent equity financingImpact on Business Performance
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.This share consolidation will be carried out as part of a series of transactions intended to leave the tender offeror and 株式会社トミーコーポレーション as the company's only shareholders. Since the total number of issued shares will become 5 and it will no longer be necessary to specify a share unit, the provision specifying the share unit will be abolished.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.