Komori
Share Issuance and Disposal7229YUTAKA GIKEN CO.,LTD.Automobiles and transportation equipment

Notice Regarding Approval Resolutions on a Share Consolidation, the Abolition of the Provisions on the Number of Shares per Trading Unit, and Partial Amendments to the Articles of Incorporation

At an extraordinary general meeting of shareholders, the share consolidation of 1,290,250 shares into 1 share and amendments to the Articles of Incorporation, including the abolition of provisions on the number of shares constituting one unit, were approved. Accordingly, the shares are scheduled to be delisted on 10 June 2026.

Worth reading
24Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1290250
Reverse stock split of shares into 1 share
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Share consolidation

発行・処分する株式数

Consolidation of 1,290,250 common shares into 1 share

発行済株式総数

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.

Offering structure
Major shareholders after the offering
Motherson Global Investments B.V. and HONDA MOTOR CO.,LTD. (shareholding percentages: Not disclosed)
Stock Split Rationot applicable (share consolidation)
Procedures under the Corporate Code of Conduct
Submitted to the extraordinary general meeting of shareholders held on 15 May 2026 and approved as proposed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalShare consolidation
Number of shares to be issued or disposed ofConsolidation of 1,290,250 common shares into 1 share
Dilution Ratenot applicable (share consolidation)
Total number of issued shares14,818,050 shares (after cancellation of 1,950 treasury shares) → 11 shares
Stock Split Rationot applicable (share consolidation)
Procedures under the Corporate Code of ConductSubmitted to the extraordinary general meeting of shareholders held on 15 May 2026 and approved as proposed
Major shareholders after the offeringMotherson Global Investments B.V. and HONDA MOTOR CO.,LTD. (shareholding percentages: Not disclosed)
Items this document does not state (21)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyBasis 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.

As part of a series of transactions intended to take the Company private and make it a consolidated subsidiary of the tender offeror. Following the share consolidation, the total number of issued shares will be 11, eliminating the need for provisions concerning the number of shares constituting one unit and the record date for general meetings of 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 Approval Resolutions on a Share Consolidation, the Abolition of the Provisions on the Number of Shares per Trading Unit, and Partial Amendments to the Articles of Incorporation | YUTAKA GIKEN CO.,LTD. (7229) timely disclosure | Komori