Komori

Notice Regarding Partial Amendments to the Articles of Incorporation

Following the processing of all issued Class 1 Preferred Shares, Series 1, and Class 2 Preferred Shares, the provisions of the Articles of Incorporation relating to these shares will be deleted. In addition, the total number of authorized shares will be changed from 112 million shares to 1,005 million shares, and the provisions concerning the interest rate benchmark used to calculate the dividend rate for Class 1 Preferred Shares will be revised.

Worth reading
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Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
893000000
Shares (increase in the total number of authorized shares)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The provisions of the Articles of Incorporation relating to Class 1 Preferred Shares, Series 1, and Class 2 Preferred Shares will be deleted. The total number of authorized shares will be changed from 112,000,000 shares to 1,005,000,000 shares, and the total number of authorized common shares will be changed from 100,000,000 shares to 1,000,000,000 shares. The provisions concerning the interest rate benchmark used to calculate the dividend rate for Class 1 Preferred Shares will also be changed.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeThe provisions of the Articles of Incorporation relating to Class 1 Preferred Shares, Series 1, and Class 2 Preferred Shares will be deleted. The total number of authorized shares will be changed from 112,000,000 shares to 1,005,000,000 shares, and the total number of authorized common shares will be changed from 100,000,000 shares to 1,000,000,000 shares. The provisions concerning the interest rate benchmark used to calculate the dividend rate for Class 1 Preferred Shares will also be changed.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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.

Because all issued Class 1 Preferred Shares, Series 1, were converted into common shares and cancelled, and all issued Class 2 Preferred Shares were acquired and cancelled. In addition, market conventions concerning interest rate benchmarks used for financial instruments are expected to change.

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 Partial Amendments to the Articles of Incorporation | Tokyo Kiraboshi Financial Group,Inc. (7173) timely disclosure | Komori