Worth reading
28Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
618000
Reverse stock split of shares into 1 shareWording
Conditional
How definitive the wording is.Details of issuance or disposal
Reverse stock split, abolition of provisions on share units, and partial amendments to the Articles of Incorporation
発行・処分する株式数
Consolidation of 618,000 shares into 1 share
Offering structure
Major shareholders after the offering
The tender offeror and カツコーポレーション are expected to be the only major shareholders
Stock Split RatioShare consolidation ratio: 618,000 shares to 1 share; effective date: 13 November 2026
Procedures under the Corporate Code of Conduct
Approved at the extraordinary general meeting of shareholders held on 20 October 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Reverse stock split, abolition of provisions on share units, and partial amendments to the Articles of Incorporation |
| Number of shares to be issued or disposed of | Consolidation of 618,000 shares into 1 share |
| Total number of issued shares | Undecided → 14 shares |
| Stock Split Ratio | Share consolidation ratio: 618,000 shares to 1 share; effective date: 13 November 2026 |
| Procedures under the Corporate Code of Conduct | Approved at the extraordinary general meeting of shareholders held on 20 October 2026 |
| Major shareholders after the offering | The tender offeror and カツコーポレーション are expected to be the only major shareholders |
Items this document does not state (22)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateBasis 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.The share consolidation will reduce the total number of issued shares to 14, eliminating the need to specify a share unit. In addition, following delisting, the shares will no longer be traded on the Tokyo Stock Exchange, and provisions concerning the record date for the general meeting of shareholders and the electronic provision system will no longer be necessary.
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.