Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
3576300
SharesWording
Conditional
How definitive the wording is.Decision and Details
Board of Directors (cancellation of treasury shares)Advance disclosure regarding the company split by HOYA Corporation (Additional 3)
Decision30 April 2026 (cancellation of treasury shares); the decision date for the borrowing was not disclosed
Period CoveredAdvance disclosure regarding the absorption-type company split for which 1 August 2026 is the effective date
Implementation15 May 2026 (cancellation of treasury shares, completed); July 2026 (borrowing by the successor company in the absorption-type company split, planned)
Going forwardThe absorption-type company split is expected to take effect on 1 August 2026. The successor company in the absorption-type company split is expected to borrow from the splitting company in July 2026.
Quantity / scaleCancellation of treasury shares: 3,576,300 shares (1.06% of the total number of issued shares excluding treasury shares); total number of issued shares after the cancellation: 334,838,020 shares
Reason
Cancellation of treasury shares: to improve capital efficiency and enhance shareholder value by reducing the total number of issued shares. Borrowing: to maintain smooth business operations immediately after the start of business by the successor company in the absorption-type company split.
| Item | Details |
|---|---|
| Matter Covered | Advance disclosure regarding the company split by HOYA Corporation (Additional 3) |
| Decision-Making Body | Board of Directors (cancellation of treasury shares) |
| Decision Date | 30 April 2026 (cancellation of treasury shares); the decision date for the borrowing was not disclosed |
| Implementation Date | 15 May 2026 (cancellation of treasury shares, completed); July 2026 (borrowing by the successor company in the absorption-type company split, planned) |
| Period Covered | Advance disclosure regarding the absorption-type company split for which 1 August 2026 is the effective date |
| Quantity / scale | Cancellation of treasury shares: 3,576,300 shares (1.06% of the total number of issued shares excluding treasury shares); total number of issued shares after the cancellation: 334,838,020 shares |
| Reason | Cancellation of treasury shares: to improve capital efficiency and enhance shareholder value by reducing the total number of issued shares. Borrowing: to maintain smooth business operations immediately after the start of business by the successor company in the absorption-type company split. |
| Governing Rule | Article 782, paragraph 1 of the Companies Act; Article 183 and Article 183, item 7 of the Ordinance for Enforcement of the Companies Act; Article 178 of the Companies Act |
| Related previous disclosures | Absorption-type company split agreement dated 10 July 2025; amendment agreement relating to the absorption-type company split agreement dated 26 March 2026; resolution of the Board of Directors dated 30 January 2026 |
| Future plans | The absorption-type company split is expected to take effect on 1 August 2026. The successor company in the absorption-type company split is expected to borrow from the splitting company in July 2026. |
Items this document does not state (2)
AmountImpact 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 treasury shares were cancelled to improve capital efficiency and enhance shareholder value by reducing the total number of issued shares. The borrowing by the successor company is intended to maintain smooth business operations immediately after the start of its business.
How to read this page
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