Details of issuance or disposal
Share Consolidation
Consolidation of 235,000 shares into 1 share
| Item | Details |
|---|---|
| Type of issuance or disposal | Share Consolidation |
| Number of shares to be issued or disposed of | Consolidation of 235,000 shares into 1 share |
| Total number of issued shares | 4,394,960 shares → 18 shares |
| Stock Split Ratio | Not applicable because this is a share consolidation |
| Procedures under the Corporate Code of Conduct | Each proposal was submitted to the extraordinary general meeting of shareholders and approved as originally proposed |
| Major shareholders after the offering | Expected to consist solely of Flowers株式会社 and 旭化成トラピューティクス株式会社 |
Items this document does not state (22)
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 make the tender offeror and the shareholders who agreed not to tender their shares the Company's only shareholders and take the Company's shares private. Following the share consolidation, provisions in the Articles of Incorporation concerning the share unit system, the acquisition of treasury shares, record dates and electronic provision measures will no longer be necessary.