Worth reading
24Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
7505804
Reverse stock split of shares into 1 shareWording
Conditional
How definitive the wording is.Details of issuance or disposal
Share consolidation
Procedures under the Corporate Code of Conduct
Proposals for the share consolidation and partial amendments to the Articles of Incorporation were approved at an Extraordinary General Meeting of Shareholders
| Item | Details |
|---|---|
| Type of issuance or disposal | Share consolidation |
| Total number of issued shares | 30,023,217 shares (after cancellation of treasury shares and before the effective date) → 4 shares (after the effective date) |
| Procedures under the Corporate Code of Conduct | Proposals for the share consolidation and partial amendments to the Articles of Incorporation were approved at an Extraordinary General Meeting of Shareholders |
Items this document does not state (25)
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 underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offeringImpact 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.The transaction is being carried out as part of a transaction in which the only shareholders will be the tender offeror and VALOR HOLDINGS CO.,LTD. In addition, following the share consolidation, the total number of issued shares will be 4, eliminating the need to specify the number of shares per unit.
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.