TSI Holdings Co.,Ltd.
Notice Regarding Consideration of Establishing a Public Interest Incorporated Foundation
The company plans to allocate treasury stock amounting to less than 1% of the outstanding shares to the TSI Fashion Future Foundation (tentative name), a public interest incorporated foundation scheduled to be established in June 2026, at a disposal price of 1 yen per share, using dividends as the funding source to promote long-term social contribution activities.
Key Figures
- Number of Treasury Shares Allocated: Less than 1% of outstanding shares (63,438,793 shares as of 2026-02-18)
- Disposal Price of Treasury Shares: 1 yen / share
- Scheduled Foundation Establishment: June 2026
AI要約
Purpose and Overview of Establishing the Public Interest Incorporated Foundation
The company aims to create social value through fashion by addressing medium- to long-term challenges in the apparel industry such as environmental impact and human rights issues. To promote highly public social contribution activities, it is considering the establishment of the TSI Fashion Future Foundation (tentative name), a public interest incorporated foundation. The foundation’s main activities are planned to focus on scholarships and grants for nurturing creators, support for environmental conservation including biodiversity, and community and humanitarian aid, targeting establishment in June 2026.
Funding Source and Impact on Shareholders
As a funding source for the foundation’s activities, the company is considering allocating treasury stock. The number of shares allocated will be less than 1% of outstanding shares, with no voting rights exercised. The disposal price is set at 1 yen per share, and the impact on stock market liquidity is deemed minimal. The dilution effect from the treasury stock allocation is considered reasonable, and stable dividends will be used as ongoing funding to achieve continuous social contribution. Shareholder approval through a special resolution is a condition.
