Nippon Sheet Glass Company, Limited
Notice Regarding the Exercise of Acquisition Rights by Class A Preferred Shareholders in Exchange for Common Shares of Class A Preferred Stock
On February 27, 2026, the company received the exercise of acquisition rights for 888 Class A preferred shares from Class A preferred shareholders and delivered 1,500,106 common shares. The acquired Class A preferred shares are scheduled to be cancelled.
Key Figures
- Acquisition Rights Exercise Date: 2026-02-27
- Number of Class A Preferred Shares Exercised: 888 shares
- Number of Common Shares Delivered: 1,500,106 shares
AI要約
Summary of Capital Policy
On February 27, 2026, the company received the exercise of acquisition rights for 888 Class A preferred shares held by Japan Industrial Solutions No.2 Investment Limited Partnership, a Class A preferred shareholder. Accordingly, 1,500,106 common shares were delivered, and the acquired Class A preferred shares are scheduled for cancellation. As a result of exercising the acquisition rights, the number of outstanding common shares will increase from 102,566,446 shares to 104,066,552 shares, while the number of Class A preferred shares will decrease from 23,532 shares to 22,644 shares.
Impact on Shareholders
The increase in common shares may cause temporary dilution; however, since the acquired Class A preferred shares will be cancelled, it is expected that the capital structure will be streamlined in the long term. Furthermore, as Class A preferred shares do not carry voting rights, the direct impact on voting rights ratios is limited.
Nippon Sheet Glass Company, Limited
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