Approval of stock consolidation at the general meeting of shareholders; consolidation ratio of 631,000 shares into 1 share; delisting date scheduled for October 19, 2026; fractional share treatment to be disclosed to bidders after court approval and the corresponding consideration to be paid to shareholders; amendments to the Articles of Incorporation accompany delisting; effective date scheduled for October 21, 2026; following the fractional share treatment, shareholders to receive a cash equivalent of 4,491 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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":"5484","jir_company_name":"Tohoku Special Steel Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/5484-20260916-01.pdf","jir_short_summary":"Approval of stock consolidation at the general meeting of shareholders; consolidation ratio of 631,000 shares into 1 share; delisting date scheduled for October 19, 2026; fractional share treatment to be disclosed to bidders after court approval and the corresponding consideration to be paid to shareholders; amendments to the Articles of Incorporation accompany delisting; effective date scheduled for October 21, 2026; following the fractional share treatment, shareholders to receive a cash equivalent of 4,491 yen.","jir_summary":"### Overview\nTohoku Special Steel approved Stock Consolidation (Proposal 1) and partial amendment of the Articles of Incorporation (Proposal 2) at an extraordinary general meeting. The consolidation reduces 631,000 shares to 1 share, resulting in an outstanding issued share total of 7,427,748 shares (before effectiveness: 7,427,759; after consolidation: 11 shares, with a planned authorized shares of 44). Delisting is planned for October 19, 2026, applying the consolidation effective date of October 21, 2026, with the amendment of the Articles of Incorporation. After court approval, fractional shares will be sold to the tender offeror, and proceeds distributed to shareholders.\n\n### Future Schedule and impacts on shareholders\nAs delisting is expected, trading in the market will be unavailable. Fractional share handling will be implemented once court approval is obtained, with fractional shares sold to the tender offeror and the proceeds distributed to shareholders. Shareholders will have the right to receive consideration by the day prior to delisting for those listed in the share register. The consolidation will significantly reduce the total issued shares, and amendments to the Articles of Incorporation for a unit share system will also be implemented.","jir_financial_highlights":"Consolidation ratio: 631,000 shares consolidated into 1 share (Decrease in total issued shares)\nLast trading day: October 16, 2026 (tentative) (Date confirmed)\nDelisting date: October 19, 2026 (Mon) (tentative) (Date confirmed)\nEffective date: October 21, 2026 (Wed) (tentative) (Date confirmed)\nEstimated cash-out price for fractions: 4,491 yen (Estimated value subject to court approval)","jir_category":"","jir_hashtags":"#TohokuSpecialSteelCo.,Ltd., #CapitalPolicy, #StockConsolidation","jir_key_figures":"631,000 shares consolidated into 1 share\nTotal issued shares (before effectiveness) 7,427,759 shares\nTotal issued shares (after effectiveness) 11 shares","jir_meta_title":"Tohoku Special Steel Co., Ltd. | Approval of Stock Consolidation and Amendments to the Articles of Incorporation | Implemented October 2026","jir_meta_description":"Tohoku Special Steel approved stock consolidation at an extraordinary general meeting. Consolidating 631,000 shares into 1 share and planning delisting. Fractional-share handling will occur after court approval, with proceeds distributed to shareholders. Dates and schedule are provided.","jir_og_title":"Tohoku Special Steel Co., Ltd. | Approval of Stock Consolidation and Amendments to the Articles of Incorporation | Implemented October 2026","jir_og_description":"Tohoku Special Steel approved stock consolidation and amendments to the Articles of Incorporation at an extraordinary meeting. The schedule, delisting date, and policy on fractional shares are announced. Proceeds to shareholders are also described.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58159,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-114562","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n