Komori
Treasury Shares6366Chiyoda CorporationConstruction and Materials

Notice Regarding the Completion of the Acquisition and Cancellation of a Portion of Class A Preferred Shares, the Execution of a Commitment Line Agreement, and the Completion of Early Repayment under a Subordinated Loan Agreement

The company acquired and cancelled 110,400,000 Class A preferred shares, processing approximately 63.1% of the outstanding Class A preferred shares. It also entered into a ¥20,000,000,000 commitment line agreement, made an early repayment of subordinated borrowings in the same amount, and terminated another financing agreement.

Worth reading
92Important
Scored from 1 of 4 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
110400000
Shares
Wording
Definitive
How definitive the wording is.

Progress against acquisition limit

Acquisition completedCash purchase (from Mitsubishi Corporation)
Number of Shares
Current110,400,000 shares
Amount
Current¥55,111,680,000
Percentage of total issued shares63.1% (percentage of total issued Class A preferred shares)
Average Acquisition Price¥499.2 per share
Average acquisition price for this transaction (calculated)¥499 per shareCurrent acquisition price ÷ current number of shares acquired
Whether acquisition has been completed

Partial acquisition and cancellation of Class A preferred shares completed. Acquisition and cancellation date: 30 June 2026

Progress against acquisition limit
ItemDetails
Total number of shares acquired in this transaction110,400,000 shares
Total current acquisition price¥55,111,680,000
Acquisition date/acquisition period30 June 2026
Method of acquisitionCash purchase (from Mitsubishi Corporation)
Percentage of total issued shares63.1% (percentage of total issued Class A preferred shares)
Whether acquisition has been completedPartial acquisition and cancellation of Class A preferred shares completed. Acquisition and cancellation date: 30 June 2026
Average Acquisition Price¥499.2 per share
Items this document does not state (6)
Cumulative number of shares acquiredCumulative acquisition costResolution dateMaximum number of shares to be acquiredTotal acquisition priceAcquisition period under the resolution

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.

Following the approval and adoption of the proposal for a partial amendment to the Articles of Incorporation at the 98th Annual General Meeting of Shareholders held on 24 June this year, all of items ① through ④ have been completed. The company states that it aims to redeem all remaining Class A preferred shares over the next 2 years, achieve financial independence, change its market segment, and resume dividend payments to common shareholders.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Completion of the Acquisition and Cancellation of a Portion of Class A Preferred Shares, the Execution of a Commitment Line Agreement, and the Completion of Early Repayment under a Subordinated Loan Agreement | Chiyoda Corporation (6366) timely disclosure | Komori