Toyo Engineering Corporation
Notice of Conversion of Class A Preferred Shares into Common Shares
On April 10, 2026, Toyo Engineering converted a total of 500,100 Class A preferred shares held by Integral Team Investment Limited Partnership and Innovation Alpha Team L.P. into common shares, increasing the number of common shares from 58,328,707 shares to 58,828,807 shares.
Key Figures
- Number of Class A Preferred Shares Converted: 500,100 shares
- Number of Issued Common Shares (After Conversion): 58,828,807 shares
- Conversion Implementation Date: 2026-04-10
AI要約
Summary of Capital Policy
As of April 10, 2026, a total of 500,100 Class A preferred shares held by Integral Team Investment Limited Partnership and Innovation Alpha Team L.P. were converted into common shares pursuant to Article 12-6 of the Company's Articles of Incorporation. The conversion ratio is one common share for each Class A preferred share, resulting in the complete elimination of Class A preferred shares and an increase in the number of common shares.
Impact on Shareholders
As a result of this conversion, the total number of issued common shares increased by 500,100 shares from 58,328,707 shares to 58,828,807 shares. The number of Class A preferred shares became zero, and the composition of treasury stock also changed. For details, please refer to the Notice Regarding the Issuance of Preferred Shares dated November 28, 2018.
