Partial Conversion of Preferred Shares into Common Shares and Cancellation
First written in FY2017-Q3. 8 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
21 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「At a meeting of the Board of Directors held on 20 May 2026, the company resolved to cancel treasury shares, and carried out the cancellation on 31 May 2026. ① Types of shares cancelled: Series 2 Class B preferred shares, Series 3 Class B preferred shares, and Series 4 Class B preferred shares ② Total number of shares cancelled: 5 Series 2 Class B preferred shares, 5 Series 3 Class B preferred shares, and 10 Series 4 Class B preferred shares」
A total of 20 Series 2, Series 3, and Series 4 Class B preferred shares acquired through mandatory redemption were cancelled on 31 May 2026. - FY2024-Q1RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the previous disclosure. - FY2023-Q2RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the previous disclosure. - FY2022-Q2RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the previous disclosure. - FY2021-Q2RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the previous disclosure. - FY2020-Q2RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the previous disclosure. - FY2019-Q3RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the previous disclosure. - FY2018RestatedAnnual report
「Series 2 preferred shares 5 Series 3 preferred shares 5 Series 4 preferred shares 12」
The numbers of outstanding Series 2, Series 3, and Series 4 preferred shares were 5, 5, and 12, respectively, unchanged from the end of the previous fiscal year. - FY2017RestatedAnnual report
「The increase resulted from the conversion of Series 2, Series 3, and Series 4 preferred shares into common shares. The decrease of 10 shares in the outstanding Series 2, Series 3, and Series 4 preferred shares resulted from their cancellation.」
The consolidated statement of changes in shareholders’ equity confirms an increase of 1,422,676 common shares through the partial conversion of Series 2, Series 3, and Series 4 preferred shares, and the cancellation of 10 preferred shares after conversion. - FY2017-Q3First statedAnnual report
「2 shares of the Series 2 preferred shares, 2 shares of the Series 3 preferred shares, and 6 shares of the Series 4 preferred shares were converted into common shares, with the number of common shares increasing as a result of the conversions totaling 1,422,676. In addition, 2 shares of the Series 2 preferred shares, 2 shares of the Series 3 preferred shares, and 6 shares of the Series 4 preferred shares were cancelled on 27 January 2017.」
Conversion rights were exercised for part of the Series 2, Series 3, and Series 4 preferred shares on 25 January 2017, increasing the number of common shares by 1,422,676. The preferred shares remaining after the conversion were cancelled on 27 January 2017 because they no longer needed to be held.