Shoei Co., Ltd.
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
On April 10, 2026, SHOEI Co., Ltd. plans to cancel 1,395,100 shares of treasury stock, representing 2.6% of the total issued shares, reducing the total issued shares from 53,713,716 shares to 52,318,616 shares.
Key Figures
- Total number of shares to be cancelled: 1,395,100 shares (2.6% of total issued shares)
- Scheduled cancellation date: 2026-04-10
- Total issued shares (before cancellation): 53,713,716 shares
- Total issued shares (after cancellation, planned): 52,318,616 shares
- Number of treasury shares (before cancellation): 2,510,342 shares
- Number of treasury shares (after cancellation, planned): 1,115,242 shares
AI要約
Overview of Treasury Stock Cancellation
SHOEI Co., Ltd. resolved at the Board of Directors meeting held on April 3, 2026, to cancel treasury stock in accordance with the provisions of Article 178 of the Companies Act. The shares to be cancelled include all treasury stock acquired between November 17, 2025, and February 27, 2026. The cancellation comprises 1,395,100 common shares, equivalent to 2.6% of the total issued shares, scheduled for April 10, 2026. As a result, the total issued shares will decrease from 53,713,716 shares to 52,318,616 shares, and the number of treasury shares will also decrease from 2,510,342 shares to 1,115,242 shares.
Impact on Shareholders and Future Outlook
The cancellation of treasury stock will reduce the total number of issued shares, which is expected to enhance the value per share. The cancellation applies only to treasury stock already acquired and does not include any new acquisitions. Changes in treasury shares after April 1, 2026, are not accounted for. This action reflects a shareholder return stance as part of the company's capital policy.
