Nippon Sheet Glass Company, Limited

2026/09/30 11:27 Updated
Market Cap: $1.6B (¥252.6B)
Stock Price: $3.15 (¥496)
Exchange Rate: 1 USD = ¥157.23

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.

Importance:
Page Updated: February 27, 2026
IR Disclosure Date: February 27, 2026

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.

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

Nippon Sheet Glass Company, Limited

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