Secondary offering of shares and changes in the status of an other affiliated company, principal shareholder and largest principal shareholder
LINTEC Corporation, Nippon Paper Industries Co.,Ltd.
LINTEC Corporation common shares
Nippon Paper Industries Co.,Ltd. conducted a review of its business portfolio and owned assets from the standpoint of capital efficiency and considered how to handle its LINTEC Corporation shares.
None (the change will have no impact on the Company's management or financial results)
The change will have no impact on the Company's management or financial results.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
196,598 voting rights (direct ownership, 30.09%) and 5,921 voting rights (included in aggregation, 0.91%), for a total of 202,519 voting rights (30.99%); 19,659,892 shares and 594,147 shares, for a total of 20,254,039 shares (as of 20 August 2026)
25,643 voting rights (direct ownership, 4.39%) and 5,921 voting rights (included in aggregation, 1.01%), for a total of 31,564 voting rights (5.40%); 2,564,392 shares and 594,147 shares, for a total of 3,158,539 shares. These figures are based on the maximum number of shares subject to the share repurchase and the offering of 17,095,500 shares, and may decline by a further maximum of 25,643 voting rights as a result of the greenshoe option.
Company response
Sano Takanori (佐野孝典), an executive officer of Nippon Paper Industries Co.,Ltd., is expected to leave office as a director of the Company upon completion of the offering.
The offering price and other terms will be determined on one of the dates from 1 September 2026 to 3 September 2026. The settlement date will be the fifth business day after the date on which the offering price and other terms are determined. Following the change, Nippon Paper Industries Co.,Ltd. is expected to no longer qualify as an other affiliated company, principal shareholder or largest principal shareholder. The change will have no impact on the Company's management or financial results.
| Item | Details |
|---|---|
| Event name | Secondary offering of shares and changes in the status of an other affiliated company, principal shareholder and largest principal shareholder |
| Date of occurrence | 20 August 2026 (the date of the Board resolution; the change in shareholder status is expected to occur on the settlement date) |
| Subject Entity | LINTEC Corporation, Nippon Paper Industries Co.,Ltd. |
| Target Locations / Products | LINTEC Corporation common shares |
| Cause | Nippon Paper Industries Co.,Ltd. conducted a review of its business portfolio and owned assets from the standpoint of capital efficiency and considered how to handle its LINTEC Corporation shares. |
| Amount of Impact on Business Performance | None (the change will have no impact on the Company's management or financial results) |
| Impact on Earnings Forecast | The change will have no impact on the Company's management or financial results. |
| Directors' and officers' liability | Sano Takanori (佐野孝典), an executive officer of Nippon Paper Industries Co.,Ltd., is expected to leave office as a director of the Company upon completion of the offering. |
| Voting rights ownership percentage before the change | 196,598 voting rights (direct ownership, 30.09%) and 5,921 voting rights (included in aggregation, 0.91%), for a total of 202,519 voting rights (30.99%); 19,659,892 shares and 594,147 shares, for a total of 20,254,039 shares (as of 20 August 2026) |
| Voting rights ownership percentage after the change | 25,643 voting rights (direct ownership, 4.39%) and 5,921 voting rights (included in aggregation, 1.01%), for a total of 31,564 voting rights (5.40%); 2,564,392 shares and 594,147 shares, for a total of 3,158,539 shares. These figures are based on the maximum number of shares subject to the share repurchase and the offering of 17,095,500 shares, and may decline by a further maximum of 25,643 voting rights as a result of the greenshoe option. |
| Outlook | The offering price and other terms will be determined on one of the dates from 1 September 2026 to 3 September 2026. The settlement date will be the fifth business day after the date on which the offering price and other terms are determined. Following the change, Nippon Paper Industries Co.,Ltd. is expected to no longer qualify as an other affiliated company, principal shareholder or largest principal shareholder. The change will have no impact on the Company's management or financial results. |
Items this document does not state (14)
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.Nippon Paper Industries Co.,Ltd. had been reviewing its business portfolio and owned assets from the standpoint of capital efficiency and considering how to handle its LINTEC Corporation shares. LINTEC Corporation determined that a secondary offering was the optimal method for providing an orderly opportunity to sell the shares while improving share liquidity and broadening and expanding its shareholder base.