Mitsuba Corporation
Notice Regarding Partial Acquisition and Cancellation of Type D Preferred Shares
Resolution to acquire a portion of Type D preferred shares and cancel the corresponding shares. Total acquired 60 shares with total acquisition price of 3,080,756,462 yen to be completed on July 31, 2026. Purchasers are Japan Bank for International Cooperation and Bank of Yokohama. Cancellation will take effect on the same day as acquisition. Aiming to strengthen financial position and improve financial discipline. Impact on performance expected to be minor.
Key Figures
- 60 shares: Number of acquired shares
- 3,080,756,462 yen: Total acquisition amount
- 60 shares: Number of cancelled shares
AI要約
Overview of capital policy
Today we report that we have resolved to acquire a portion of Type D preferred shares and cancel the corresponding shares. The total number acquired is 60 shares, with a total consideration of 3,080,756,462 yen, and the acquisition date is July 31, 2026. The counterparties are Japan Bank for International Cooperation and Bank of Yokohama, and the cancellation will take effect on the same day. The purpose is to strengthen the financial base and improve capital efficiency under a phased partial redemption policy and to reinforce financial discipline.
Future impact and outlook
Both acquisition and cancellation aim to stabilize the financial condition and secure funds for growth investments, and the impact on our consolidated results is expected to be minor. With progress in the medium-term plan, reinforcing the financial base, we will continue to aim to enhance corporate value through improved earnings power and maintained financial soundness.
Mitsuba Corporation
Company overview · Stock price · Financial data · All IR
