Mitsubishi Logisnext Co., Ltd.
Notice Regarding the Approval Resolution on Stock Consolidation, Abolition of the Stipulation on the Number of Shares per Unit, and Partial Amendment of the Articles of Incorporation
Mitsubishi Logisnext is consolidating 22,962,727 common shares into 1 share, reducing the total number of issued shares from 106,948,226 shares to 4 shares. Delisting is scheduled for April 27, 2026.
Key Figures
- Stock Consolidation Ratio: Consolidation of 22,962,727 shares into 1 share
- Total Issued Shares (Before Effectiveness): 106,948,230 shares
- Total Issued Shares (After Effectiveness): 4 shares
AI要約
Overview of Capital Policy
At the extraordinary shareholders meeting held on April 9, 2026, Mitsubishi Logisnext Co., Ltd. approved, as originally proposed, a stock consolidation plan to consolidate 22,962,727 common shares into one share, the abolition of the stipulation on the number of shares per unit, and partial amendments to the Articles of Incorporation. As a result, the total number of issued shares will be drastically reduced from 106,948,226 shares to 4 shares. The effective date of the stock consolidation is scheduled for April 30, 2026, and the partial amendments to the Articles of Incorporation will also take effect on the same date.
Impact on Shareholders and Future Outlook
Due to the stock consolidation, shareholders other than Mitsubishi Heavy Industries, Ltd. will hold fractional shares less than one share. These fractional shares will be bought by LVJ Holdings 2 Co., Ltd., the tender offeror, with court approval. The shares will be delisted from the Tokyo Stock Exchange on April 27, 2026, after which trading on this market will cease. The proceeds from the sale of fractional shares are expected to be distributed to shareholders by early September 2026.
