Komori
Treasury Shares7242KYB CorporationAutomobiles and transportation equipment

Notice Concerning the Acquisition and Cancellation of Class A Preferred Shares

The Company resolved to acquire all 125 Class A preferred shares for cash and cancel all of them after the acquisition. The scheduled acquisition date is 29 June 2026.

Worth reading
64In focus
Scored from 4 of 5 sections
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Neutral
Direction inferred from the company’s description.
Scale
12731506875
¥
Wording
Conditional
How definitive the wording is.

Resolution on acquisition limit

Resolved 8 April 2026
Total acquisition price¥12,731,506,875
Maximum number of shares to be acquired125 shares (100% of the total number of issued Class A preferred shares)Class A preferred shares
100%Maximum number that can be acquired

The full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.

Reason for acquisition

In light of improvements in the business environment surrounding the Company and the Company's financial foundation, as well as future performance trends, the Company decided to acquire all of these preferred shares from the above 8 companies and cancel them.

CancellationRetired shares are removed from the total number of issued shares and can never return to the market.
100%Cancellation of
Number of shares to be retired125 shares
Percentage of total issued shares before retirement100%
Scheduled retirement date29 June 2026
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredClass A preferred shares
Maximum number of shares to be acquired125 shares (100% of the total number of issued Class A preferred shares)
Percentage of total issued shares100% (percentage of the total number of issued Class A preferred shares)
Total acquisition price¥12,731,506,875
Reason for acquisitionIn light of improvements in the business environment surrounding the Company and the Company's financial foundation, as well as future performance trends, the Company decided to acquire all of these preferred shares from the above 8 companies and cancel them.
Resolution date8 April 2026
Number of shares to be retired125 shares
Percentage of total issued shares before retirement100%
Scheduled retirement date29 June 2026
Items this document does not state (7)
Acquisition periodMethod of acquisitionTotal number of issued shares after retirementCurrent number of treasury sharesTotal number of issued sharesChange in acquisition periodChange in acquisition limit

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.

This decision was made in light of improvements in the business environment and financial foundation, as well as future performance trends.

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 Concerning the Acquisition and Cancellation of Class A Preferred Shares | KYB Corporation (7242) timely disclosure | Komori