Details of issuance or disposal
Partial acquisition and cancellation of Class A preferred shares
100 shares acquired and 100 shares cancelled
100 Class A preferred shares acquired and cancelled
Acquisition ratio relative to issued Class A preferred shares: 20.00% (the number of issued shares will decrease as a result of the cancellation)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
| Item | Details |
|---|---|
| Type of issuance or disposal | Partial acquisition and cancellation of Class A preferred shares |
| Number of shares to be issued or disposed of | 100 shares acquired and 100 shares cancelled |
| Dilution Rate | Acquisition ratio relative to issued Class A preferred shares: 20.00% (the number of issued shares will decrease as a result of the cancellation) |
| Total number of issued shares | 100 Class A preferred shares acquired and cancelled |
| Basis for determining the amount to be paid | Calculated in accordance with Article 11-6 of the Articles of Incorporation: ¥1,017,336.89 per share |
| Procedures under the Corporate Code of Conduct | Resolution of the Board of Directors held on 19 August 2026 |
| Most recent equity financing | Issuance of preferred shares through a third-party allotment announced on 26 July 2021 (the detailed amount is not stated in this document) |
| Impact on Business Performance | The impact of this transaction on results for the current fiscal year is expected to be minor. If it becomes clear that the transaction will have a material impact on results, the company will make a timely disclosure. |
Items this document does not state (20)
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 reduce the burden of paying preferred dividends on the Class A preferred shares.