Kohoku Kogyo CO.,LTD.

6524.T
Electronic Components
2026/02/17 Updated
Market Cap: $733.6M (¥112.2B)
Stock Price: $28.32 (¥4,330)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding Disposal of Our Shares by Major Shareholder to Improve Our Free Float Ratio

Mr. Futoshi Ishii, President and major shareholder, has concluded a consignment agreement to gradually sell up to 487,500 shares (1.88% of issued shares) in the market from February 18 to December 25, 2026.

Importance:
Page Updated: February 16, 2026
IR Disclosure Date: February 16, 2026

Key Figures

  • Number of Shares to be Sold: 487,500 shares (1.88% of issued shares)
  • Sales Consignment Period: 2026-02-18 to 2026-12-25
  • Consignment Agent: Mizuho Securities Co., Ltd.

AI要約

Overview of the Stock Sale Consignment Agreement

Mr. Futoshi Ishii, President and major shareholder of Kohoku Industrial Co., Ltd., has entered into a stock sale consignment agreement with Mizuho Securities Co., Ltd. aiming to enhance stock liquidity. The sales will be conducted gradually through the Tokyo Stock Exchange market, with a maximum of 487,500 shares (1.88% of issued shares) to be sold. The consignment period spans from February 18, 2026 to December 25, 2026. The sales will be carefully executed to avoid excessive impact on price or trading volume, taking market liquidity and trading conditions into consideration.

Future Outlook and Impact

It is stated that the disposal of shares by the major shareholder will not affect the Company's operating performance. The Company plans to continue initiatives aimed at improving stock liquidity and increasing the number of shareholders. Investors can anticipate increased trading activity due to the improved free float ratio, but there will be no direct fluctuations in financial results.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.