Tokyo Century Corporation
Notice on the payment completion for the issuance of debt-type preferred stock through third-party allottees and the effect of reduction in capital and capital surplus
Payment for on-issuance of debt-type preferred stock through a third-party allottees has been completed, and the effect of reduction in capital and capital surplus has occurred. In each of the 1st to 3rd tranches, the number of issued shares totals 48,000,000 shares, with a total issue amount of 100 million yen per tranche; capital and capital surplus decrease by 60 billion yen each. Details on future dividend conditions and repurchase provisions are referenced in the notice published on August 3, 2026.
Key Figures
- Issued ordinary shares total: 492,113,280 shares (before issuance) → increase after issuance
- 1st tranche shares: 8,000,000 shares
- 2nd tranche shares: 20,000,000 shares
- 3rd tranche shares: 20,000,000 shares
- Capital amount: after decrease 81,129 million yen
- Capital surplus amount: after decrease 56,648 million yen
AI要約
Overview of this matter
Today, payment for the debt-type preferred stock issued through a third-party allotment has been completed, and the decrease in capital and capital surplus has taken effect based on the board resolution dated the same day. In each of the 1st to 3rd issues, the allottees areNorin Chuo Savings Bank (Norin Chuo Kinko) and Itochu Corporation, with a certain number of shares allocated to each. The number of issued shares, issue price, increases in capital and capital surplus for each tranche are as stated in the document, and the exercise conditions of the acquisition provisions such as voting rights restrictions and acquisition terms are described in materials disclosed separately.
Implications and points to note going forward
The decreases in capital and capital surplus will alter the capital structure. Conditions on transfer restrictions, acquisition terms, and preferential dividends for the allottees remain important and are governed by the contractual terms disclosed previously. For details on the future operation of capital policy, dividend policy, and presence or absence of voting rights, refer to the notice published on August 3, 2026.
Tokyo Century Corporation
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