Worth reading
25Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
3498439
Shares (decrease in total issued shares)Wording
Conditional
How definitive the wording is.Details of issuance or disposal
Share consolidation
Offering structure
Major shareholders after the offering
Expected to consist solely of the tender offerors (株式会社ミツバ and Chubu Electric Power Company,Incorporated)
Stock Split Ratio699,604 shares consolidated into 1 share; effective date scheduled for 14 October 2026 (Wednesday)
Procedures under the Corporate Code of Conduct
At the extraordinary general meeting of shareholders held on 16 September 2026, all proposals were approved and passed as originally proposed.
| Item | Details |
|---|---|
| Type of issuance or disposal | Share consolidation |
| Total number of issued shares | 3,498,444 shares (before the effective date) → 5 shares (after the effective date) |
| Stock Split Ratio | 699,604 shares consolidated into 1 share; effective date scheduled for 14 October 2026 (Wednesday) |
| Procedures under the Corporate Code of Conduct | At the extraordinary general meeting of shareholders held on 16 September 2026, all proposals were approved and passed as originally proposed. |
| Major shareholders after the offering | Expected to consist solely of the tender offerors (株式会社ミツバ and Chubu Electric Power Company,Incorporated) |
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue 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.To make the tender offerors the company's only shareholders through the share consolidation, and to eliminate the need for the unit share system and related provisions of the Articles of Incorporation after delisting.
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.