Of the 15,000 Type A preferred shares, 3,000 will be converted into common stock, and 12,000 will be acquired for cash. After conversion and acquisition, all Type A preferred shares will be cancelled. The number of issued common shares will increase by 1,758,152 shares to approximately 17,972,552,000 shares in issued common stock. DaI is expected to become a new major shareholder. The financial impact is minor, but capital structure flexibility will improve.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7640","jir_company_name":"Top Culture Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/7640-20260825-01.pdf","jir_short_summary":"Of the 15,000 Type A preferred shares, 3,000 will be converted into common stock, and 12,000 will be acquired for cash. After conversion and acquisition, all Type A preferred shares will be cancelled. The number of issued common shares will increase by 1,758,152 shares to approximately 17,972,552,000 shares in issued common stock. DaI is expected to become a new major shareholder. The financial impact is minor, but capital structure flexibility will improve.","jir_summary":"### Overview of Capital Policy\nThis matter plans to partially convert Type A preferred stock into common stock, acquire the remainder for cash, and ultimately cancel all Type A preferred stock. The number of issued common shares will increase, balancing financial stability with improved capital efficiency, and facilitating dynamic growth investments and shareholder returns. As a change in major shareholders, DaI Co., Ltd. is expected to become a new major shareholder.\n\n### Impact and Schedule Going Forward\nThe conversion date and acquisition date are both scheduled for August 31, 2026. After conversion, the number of common shares will increase by about 1,758,152 shares, and the total issued common shares will be about 17,972,552 shares (planned). Cancelling Type A preferred stock will relieve preferred dividend burdens and transition to a financial structure that maintains equity while improving capital efficiency. The change in major shareholders involves DaI's shareholding, but the impact on current period profit or loss is expected to be minor.","jir_financial_highlights":"Issued common shares: 17,972,552\u682a\uff08\u4e88\u5b9a\uff09 (\u8ee2\u63db\u5f8c\u5897\u52a0\u5206 1,758,152\u682a)\nNumber of shares converted to common stock: 3,000\u682a (\u8ee2\u63db\u5f8c\u306e\u666e\u901a\u682a\u5f0f\u6570\u5897\u52a0)\nConversion price: 307,676,760 \u5186\uff08\u4e88\u5b9a\uff09 (\u4e0d\u8a73)\nTotal consideration for acquisition: 1,230,707,040 \u5186\uff08\u6ce82\uff09 (\u4e0d\u8a73)","jir_category":"","jir_hashtags":"#TopCulture, #CapitalPolicyTransformation, #MajorShareholderChange","jir_key_figures":"\u8ee2\u63db\u682a\u5f0f\u6570: 3,000\u682a\n\u5897\u52a0\u666e\u901a\u682a\u5f0f\u6570: 1,758,152\u682a\n\u767a\u884c\u6e08\u666e\u901a\u682a\u5f0f\u7dcf\u6570\uff08\u4e88\u5b9a\uff09: 17,972,552\u682a\n\u53d6\u5f97\u5bfe\u4fa1\u7dcf\u984d: 1,230,707,040\u5186\n\u8ee2\u63db\u65e5\u30fb\u53d6\u5f97\u65e5: 2026\u5e748\u670831\u65e5\uff08\u4e88\u5b9a\uff09","jir_meta_title":"\u3010Top Culture\u3011 Notice of Capital Policy Transformation and Major Shareholder Change | August 2026","jir_meta_description":"Top Culture will partially convert Type A preferred stock and acquire the rest for cash, with plans to cancel all preferred stock. The total number of common shares will increase, improving capital efficiency. DaI is expected to become a new major shareholder.","jir_og_title":"\u3010Top Culture\u3011 Notice of Capital Policy Transformation and Major Shareholder Change","jir_og_description":"Partial conversion\/acquisition\/cancellation of Type A preferred stock is planned. Conversion increases common shares, aiming for financial stability and improved capital efficiency. DaI to become a new major shareholder.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60521,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-106870","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n