Against the backdrop of a tender offer by Area Link, a share consolidation will combine 315,200 shares into 1 share and the articles amendment will reduce the number of authorized shares to 24. Delisting is scheduled for 2026-12-16. The extraordinary general meeting of shareholders is scheduled for 2026-11-16. Cash payments will be made to shareholders to handle fractional shares.<\/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,"price_fetched_at":"","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":"2997","jir_company_name":"STORAGE-OH Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2997-20261019-01.pdf","jir_short_summary":"Against the backdrop of a tender offer by Area Link, a share consolidation will combine 315,200 shares into 1 share and the articles amendment will reduce the number of authorized shares to 24. Delisting is scheduled for 2026-12-16. The extraordinary general meeting of shareholders is scheduled for 2026-11-16. Cash payments will be made to shareholders to handle fractional shares.","jir_summary":"### Overview of Share Consolidation and Articles Amendment\nUnder the share consolidation, 315,200 ordinary shares will be consolidated into 1 share, dramatically reducing the number of issued shares from 1,891,494 shares to 6 shares. Fractional shares resulting from the consolidation will be settled through cash payments to shareholders, and the amount for fractional-share settlement is expected to be the consolidated fraction multiplied by 1,340 yen. By abolishing the number of shares per trading unit and amending the articles of incorporation, the number of authorized shares will be reduced to 24 shares, and the delisting date is scheduled for 2026-12-16. The extraordinary general meeting of shareholders is scheduled for 2026-11-16, and the record date and other scheduled dates for this extraordinary general meeting have also been disclosed.\n\n### Ensuring Fairness and Conflict of Interest\nThis transaction is a squeeze-out procedure aimed at making the bidder a wholly owned subsidiary through the tender offer. An independent special committee has been established, and fairness is being ensured through a third-party valuation firm and legal advisors. The cash payment for fractional-share settlement is based on the tender offer price of 1,340 yen, and cash payments will be implemented with court approval from the perspective of shareholder protection.","jir_financial_highlights":"Estimated cash payment related to shareholders' equity: 1,340 yen (Unknown)\nConsolidation ratio (share consolidation): 315,200 shares into 1 share (Unknown)\nScheduled delisting date: 2026-12-16 (Unknown)","jir_category":"","jir_hashtags":"#STORAGE-OHShareholders, #ShareConsolidation, #ArticlesAmendment, #ExtraordinaryGeneralMeeting, #Delisting","jir_key_figures":"Amount of cash to be paid to shareholders for fractional-share settlement: amount equal to the consolidated fraction multiplied by 1,340 yen\nConsolidation ratio: 315,200 shares \u2192 1 share\nScheduled delisting date: 2026-12-16","jir_meta_title":"STORAGE-OH Co.,Ltd. to Approve Share Consolidation and Articles Amendment at Extraordinary General Meeting | November 16, 2026","jir_meta_description":"STORAGE-OH will consolidate 315,200 shares into 1 share, abolish the number of shares per trading unit, and amend its articles of incorporation. Delisting is scheduled for 2026-12-16. Fractional-share cash payment will be based on 1,340 yen. Check the upcoming schedule for details.","jir_og_title":"STORAGE-OH Share Consolidation and Articles Amendment to be Presented at Extraordinary General Meeting | November 2026","jir_og_description":"The share consolidation and articles amendment will drastically reduce the number of issued shares. Fractional shares will be settled in cash. Delisting is scheduled for 2026-12-16. Extraordinary General Meeting is set for 2026-11-16.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61143,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132538","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n