Dividends and acquisition terms for Class 1 preferred shares
First written in FY2016-Q3. 7 of 9 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Total shares issued Common shares 24,661,000」
Class 1 preferred shares are not included in the shares issued; only common shares remain, confirming the status after their acquisition and cancellation in full in August 2017. - FY2018-Q3RestatedAnnual report
「The Company acquired 8,707 Class 1 preferred shares as of 1 August 2017 and cancelled all of them on the same date.」
The fact that the 8,707 Class 1 preferred shares were acquired and all cancelled is restated in the shareholding information. - FY2018-Q2RestatedAnnual report
「The Company acquired 8,707 Class 1 preferred shares as of 1 August 2017 and cancelled all of them on the same date.」
The fact that the 8,707 Class 1 preferred shares were acquired and all cancelled is also restated in the shareholding information. - FY2018-Q1AchievedAnnual report
「The Company acquired 8,707 Class 1 preferred shares as of 1 August 2017 and cancelled all of them on the same date.」
The acquisition and cancellation of all 8,707 Class 1 preferred shares were completed as of 1 August 2017. - FY2017-Q3RestatedAnnual report
「At any time on or after 1 August 2017, the Company may, on the arrival of a date separately determined by its Board of Directors, deliver cash, up to the amount available for distribution on that date, in exchange for acquiring all or part of the Class 1 preferred shares.」
In addition to the annual 2% preferred dividend on Class 1 preferred shares from 1 August 2017 onward, the terms for mandatory acquisition for cash consideration up to the amount available for distribution are restated. - FY2017-Q2RestatedAnnual report
「The Company will not pay dividends from surplus on Class 1 preferred shares with record dates through 31 July 2017, inclusive. If the Company pays a year-end dividend with a record date on or after 1 August 2017, it will pay the holders of Class 1 preferred shares, ahead of holders of common shares, a cash dividend from surplus equal to ¥10,000 multiplied by 2% per annum for each Class 1 preferred share.」
The terms for Class 1 preferred shares are restated: no dividends through the end of July 2017 and an annual dividend of 2% from August 2017 onward. - FY2017-Q1RestatedAnnual report
「The Company will not pay dividends from surplus on Class 1 preferred shares with record dates through 31 July 2017, inclusive. If the Company pays a year-end dividend with a record date on or after 1 August 2017, it will pay the holders of Class 1 preferred shares, ahead of holders of common shares, a cash dividend from surplus equal to ¥10,000 multiplied by 2% per annum for each Class 1 preferred share.」
The terms for Class 1 preferred shares are restated: no dividends through the end of July 2017 and an annual dividend of 2% from August 2017 onward. - FY2016RestatedAnnual report
「The Company will not pay dividends on Class 1 preferred shares with a record date on or before 31 July 2017, including that date. If the Company pays a year-end dividend with a record date on or after 1 August 2017, it will pay, in priority to holders of common shares, a cash dividend per Class 1 preferred share equal to 2% per annum multiplied by ¥10,000.」
The terms for Class 1 preferred shares are restated: no dividends through the end of July 2017 and an annual dividend of 2% from August 2017 onward. - FY2016-Q3First statedAnnual report
「The Company will not pay dividends on Class 1 preferred shares with a record date on or before 31 July 2017, including that date. If the Company pays a year-end dividend with a record date on or after 1 August 2017, it will pay holders of Class 1 preferred shares (the “Class 1 Preferred Shareholders”) or registered pledgees of Class 1 preferred shares (the “Registered Pledgees of Class 1 Preferred Shares”), in priority to holders of common shares (the “Common Shareholders”) or registered pledgees of common shares (the “Registered Pledgees of Common Shares”), a cash dividend per Class 1 preferred share equal to 2% per annum multiplied by ¥10,000. If a share split, share consolidation or other event requiring a reasonable adjustment occurs with respect to the Class 1 preferred shares, the amount will be reasonably adjusted by the Company’s Board of Directors. The amount will be calculated to 3 decimal places below the yen and rounded at the third decimal place. The cash dividend paid under these provisions is referred to as the “Class 1 Preferred Dividend.”」
The terms provide for no dividends through the end of July 2017 and a 2% annual preferred dividend from August 2017 onward.