Komori
Governance6366Chiyoda CorporationConstruction and Materials

(Correction) Notice Concerning Partial Amendments to the Articles of Incorporation

The terms regarding the commencement date of mandatory redemption under Article 11-6 and the redemption price in the proposed amendments to the Articles of Incorporation announced on 28 January 2026 have been corrected. The redemption price through 30 June 2029 will be based on ¥436, while from 1 July 2029 onward it will be the higher of the existing VWAP-linked amount and the amount based on ¥436.

Worth reading
26Immaterial
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Direction
Neutral
Direction inferred from the company’s description.
Scale
436
yen
Wording
Definitive
How definitive the wording is.

What was corrected and how

A subsequent correction by the company to the contents of an already published filing.

Original disclosure28 January 2026

Notice Regarding the Agreement on the Redemption Policy for Class A Preferred Shares and Partial Amendments to the Articles of Incorporation

Open the original document
112 daysThe pre-correction wording stayed published for this period (Calculated from the Original Disclosure Date Indicated in the Document)
This correction2026-05-20
Location of correction (where in the original document)

Article 11-6 of the proposed amendments

Before correction

The Company may mandatorily redeem the shares on or after 1 July 2021, on a date separately determined by the Board of Directors. The mandatory redemption price will be the higher of the amount calculated by multiplying the average VWAP by the reference number of shares and the amount of ¥400 plus the amount equivalent to unpaid dividends.

After correction

The Company may mandatorily redeem the shares at any time, on a date separately determined by the Board of Directors. Through 30 June 2029, the redemption price will be the amount of ¥436 plus the amount equivalent to unpaid dividends. From 1 July 2029 onward, it will be the higher of the amount calculated by multiplying the average VWAP by the reference number of shares and the amount of ¥436 plus the amount equivalent to unpaid dividends.

ChangesChange in the timing of mandatory redemption and the method of calculating the mandatory redemption price
Reason for correction

Certain matters in the description required correction, and have therefore been corrected.

What was corrected and how
ItemDetails
Disclosure subject to correctionNotice Regarding the Agreement on the Redemption Policy for Class A Preferred Shares and Partial Amendments to the Articles of Incorporation
Original disclosure date28 January 2026
Location of correctionArticle 11-6 of the proposed amendments
Details of correctionThe Company may mandatorily redeem the shares on or after 1 July 2021, on a date separately determined by the Board of Directors. The mandatory redemption price will be the higher of the amount calculated by multiplying the average VWAP by the reference number of shares and the amount of ¥400 plus the amount equivalent to unpaid dividends. → The Company may mandatorily redeem the shares at any time, on a date separately determined by the Board of Directors. Through 30 June 2029, the redemption price will be the amount of ¥436 plus the amount equivalent to unpaid dividends. From 1 July 2029 onward, it will be the higher of the amount calculated by multiplying the average VWAP by the reference number of shares and the amount of ¥436 plus the amount equivalent to unpaid dividends.
Reason for correctionCertain matters in the description required correction, and have therefore been corrected.
Items this document does not state (1)
Impact 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.

Certain items in the disclosure required correction.

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.
(Correction) Notice Concerning Partial Amendments to the Articles of Incorporation | Chiyoda Corporation (6366) timely disclosure | Komori