Details of issuance or disposal
Share Consolidation
not disclosed (13,014,075 shares before consolidation; 5 shares after consolidation)
not applicable (share consolidation)
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 | Share Consolidation |
| Number of shares to be issued or disposed of | not disclosed (13,014,075 shares before consolidation; 5 shares after consolidation) |
| Dilution Rate | not applicable (share consolidation) |
| Total number of issued shares | 13,014,075 shares → 5 shares（Decrease of approximately 99.99996%） |
| Stock Split Ratio | not applicable (share consolidation ratio: 2,333,576 shares to 1 share; effective date: 30 September 2026) |
| Procedures under the Corporate Code of Conduct | At the extraordinary general meeting of shareholders held on 7 September 2026, the proposals for the share consolidation and amendments to the Articles of Incorporation were approved and passed as originally proposed |
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.The consolidation will be carried out as part of this transaction to fractionalize the shares held by shareholders other than the tender offeror and the remaining shareholders, leaving the tender offeror and the remaining shareholders as the Company's only shareholders. In addition, because the number of issued shares will become 5, the provision for the number of shares constituting one trading unit will be abolished, and provisions of the Articles of Incorporation that will no longer be necessary following the delisting and related measures will be deleted.