Fujitec Co., Ltd.
Notice Regarding the Approval Resolution on Stock Consolidation, Abolition of the Designation of Number of Shares per Unit, and Partial Amendment of the Articles of Incorporation
Fujitec Co., Ltd. will consolidate 6,531,252 shares into one share on March 25, 2026, reducing the total outstanding shares from 78,375,024 shares to 12 shares. Along with this, the designation of number of shares per unit will be abolished, and a partial amendment of the articles of incorporation will be implemented. Delisting from the Tokyo Stock Exchange is scheduled for March 23, 2026.
Key Figures
- Stock Consolidation Ratio: 6,531,252 shares consolidated into 1 share
- Total Outstanding Shares (Before Consolidation): 78,375,024 shares
- Total Outstanding Shares (After Consolidation): 12 shares
AI要約
Overview of Capital Policy
At the extraordinary general meeting of shareholders held on February 20, 2026, Fujitec Co., Ltd. approved as originally proposed the stock consolidation plan to consolidate 6,531,252 ordinary shares into one share, abolition of the designation of number of shares per unit, and partial amendment of the articles of incorporation. As a result, the total outstanding shares will decrease from 78,375,024 shares to 12 shares, and the total number of authorized shares will be changed to 45 shares. The effective date of the stock consolidation is March 25, 2026, coinciding with the abolition of the designation of number of shares per unit.
Impact on Shareholders and Future Schedule
In connection with the stock consolidation, fractional shares less than one share will be sold to the tender offeror Bospolder 1 Co., Ltd. with court approval, and the proceeds will be distributed to shareholders. The tender offeror plans to secure funds through capital injection from the parent company and borrowings from multiple banks, and this method of fund procurement is considered reasonable. Additionally, the company's shares will be designated as securities for organizational restructuring from February 20, 2026, and will be delisted from the Tokyo Stock Exchange Prime Market on March 23, 2026.
