Details of issuance or disposal
Share consolidation
Consolidation of 406,580 shares into 1 share (1,110,413 shares before effectiveness, 2 shares after effectiveness)
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Share consolidation |
| Number of shares to be issued or disposed of | Consolidation of 406,580 shares into 1 share (1,110,413 shares before effectiveness, 2 shares after effectiveness) |
| Dilution Rate | not applicable (share consolidation) |
| Total number of issued shares | 1,110,413 shares (after cancellation of 76,955 treasury shares) → 2 shares |
| Stock Split Ratio | Not applicable because this is a share consolidation |
| Procedures under the Corporate Code of Conduct | Approved and passed at the extraordinary general meeting of shareholders held on 24 September 2026 |
| Major shareholders after the offering | Expected to be solely Nice Corporation (the tender offeror). Ownership ratio: Not disclosed |
| Sale price of fractional shares | Expected to be set based on ¥601, the same as the tender offer price |
| Scheduled sale date for fractional shares | Around late October 2026 |
| Scheduled payment date for proceeds from the sale of fractional shares | Around late December 2026 |
| Delisting date | 28 September 2026 (予定) |
| Effective date of share consolidation | 30 September 2026 (scheduled) |
Items this document does not state (21)
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.To take the Company's shares private and make Nice Corporation, the tender offeror, the sole shareholder. In addition, because the total number of issued shares will be 2, there will no longer be a need to stipulate the share unit system, and the provisions concerning the acquisition of treasury shares will also no longer be necessary after delisting.