Worth reading
24Immaterial
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
573512
Reverse stock split of shares into 1 shareWording
Conditional
How definitive the wording is.Details of issuance or disposal
Share Consolidation
発行・処分する株式数
573,512 shares consolidated into 1 share
Stock Split RatioThis is not a split of 1 share into 573,512 shares; rather, 573,512 shares will be consolidated into 1 share. The effective date is scheduled for 12 June 2026.
Procedures under the Corporate Code of Conduct
At the extraordinary general meeting of shareholders held on 21 May 2026, the proposals for the share consolidation and amendments to the Articles of Incorporation were approved as originally proposed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Share Consolidation |
| Number of shares to be issued or disposed of | 573,512 shares consolidated into 1 share |
| Total number of issued shares | 4,588,099 shares (after deducting 466,719 treasury shares) → 8 shares |
| Stock Split Ratio | This is not a split of 1 share into 573,512 shares; rather, 573,512 shares will be consolidated into 1 share. The effective date is scheduled for 12 June 2026. |
| Procedures under the Corporate Code of Conduct | At the extraordinary general meeting of shareholders held on 21 May 2026, the proposals for the share consolidation and amendments to the Articles of Incorporation were approved as originally proposed. |
Items this document does not state (23)
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 financingMajor shareholders after the offeringImpact 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 measures will be implemented as part of a series of transactions to make the company a wholly owned subsidiary of BROTHER INDUSTRIES,LTD., the sole shareholder. Following the share consolidation, the total number of issued shares will be 8, eliminating the need to prescribe a share unit size. Delisting will also eliminate the need for provisions concerning the record date and electronic provision measures.
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.