Worth reading
24Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1015984
Reverse stock split of shares into 1 shareWording
Conditional
How definitive the wording is.Details of issuance or disposal
Share consolidation
発行・処分する株式数
Consolidation of 1,015,984 shares into 1 share
Offering structure
Major shareholders after the offering
The tender offeror and Saito Akio (齋藤昭生) are expected to be the only major shareholders (ownership ratio: Not disclosed)
Stock Split RatioConsolidation of 1,015,984 shares into 1 share; effective date scheduled for 23 June 2026
Procedures under the Corporate Code of Conduct
The proposal was approved at the extraordinary general meeting of shareholders held on 2 June 2026. The Company plans to obtain court approval to sell fractional shares of less than 1 share.
| Item | Details |
|---|---|
| Type of issuance or disposal | Share consolidation |
| Number of shares to be issued or disposed of | Consolidation of 1,015,984 shares into 1 share |
| Total number of issued shares | 8,439,947 shares (after cancellation of 2,331,253 treasury shares) → 7 shares |
| Stock Split Ratio | Consolidation of 1,015,984 shares into 1 share; effective date scheduled for 23 June 2026 |
| Procedures under the Corporate Code of Conduct | The proposal was approved at the extraordinary general meeting of shareholders held on 2 June 2026. The Company plans to obtain court approval to sell fractional shares of less than 1 share. |
| Major shareholders after the offering | The tender offeror and Saito Akio (齋藤昭生) are expected to be the only major shareholders (ownership ratio: Not disclosed) |
Items this document does not state (22)
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 underwriterOverallotmentMost 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.The share consolidation will be carried out as part of the transaction to take the Company's shares private, leaving the tender offeror and Saito Akio (齋藤昭生) as the only shareholders. Because the total number of issued shares will become 7, provisions concerning the share unit system and other matters will be abolished, and provisions of the Articles of Incorporation that will no longer be necessary following the delisting will be deleted.
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.
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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.