{"id":132767,"date":"2026-10-20T15:02:07","date_gmt":"2026-10-20T06:02:07","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7523-20261020-01_wp_capital_policy\/"},"modified":"2026-10-20T15:02:07","modified_gmt":"2026-10-20T06:02:07","slug":"7523-20261020-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20261020-01_wp_capital_policy\/","title":{"rendered":"Notice of Approval of Share Consolidation, Abolition of the Number of Shares per Trading Unit and Partial Amendment to the Articles of Incorporation"},"content":{"rendered":"<p>Approval was granted to implement a share consolidation, abolish the number of shares per trading unit, and partially amend the articles of incorporation. The consolidation ratio is 618,000 shares into 1 share, and delisting is scheduled for 2026-11-11. Fractional shares will be handled by sale with cash payment to shareholders. The effective date of the consolidation is scheduled for 2026-11-13, which is also the designation date for stocks under special treatment.<\/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":"7523","jir_company_name":"Art Vivant Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/7523-20261020-01.pdf","jir_short_summary":"Approval was granted to implement a share consolidation, abolish the number of shares per trading unit, and partially amend the articles of incorporation. The consolidation ratio is 618,000 shares into 1 share, and delisting is scheduled for 2026-11-11. Fractional shares will be handled by sale with cash payment to shareholders. The effective date of the consolidation is scheduled for 2026-11-13, which is also the designation date for stocks under special treatment.","jir_summary":"### Overview of Capital Policy\nAt the extraordinary general meeting of shareholders, the proposal to consolidate shares, abolish the number of shares per trading unit, and partially amend the articles of incorporation was approved as proposed. The consolidation will combine 618,000 shares into 1 share. The total number of issued shares after the consolidation is TBD, and the effective date is scheduled for 2026-11-13. Following the consolidation, the Company will be delisted, and the designation date for special treatment will be the same day. Fractional shares will be sold to a purchaser by public offering with court permission, and the proceeds are expected to be paid in cash to shareholders holding fractional shares.\n\n### Future Schedule and Impact on Shareholders\nThe series of procedures including the effective date of the share consolidation will proceed. It is expected that an application for permission to sell will be filed between late November and mid-December 2026, the fractional share sale will occur in late December 2026, and the cash distribution will be completed by late February 2027. After delisting, trading on the Tokyo Stock Exchange Standard Market will no longer be possible, which will have a significant impact on shareholders.","jir_financial_highlights":"Consolidation Ratio: 618,000 shares into 1 share (Unknown)\nDelisting Date: 2026-11-11 (scheduled) (Unknown)\nEffective Date of This Share Consolidation: 2026-11-13 (scheduled) (Unknown)","jir_category":"","jir_hashtags":"#ShareBuyback, #ExecutivePersonnel","jir_key_figures":"Consolidation Ratio: 618,000 shares into 1 share\nDelisting Date: 2026-11-11 (scheduled)\nEffective Date: 2026-11-13 (scheduled)","jir_meta_title":"Art Vivant Co., Ltd. Approves Share Consolidation and Amendment to Articles of Incorporation | Delisting Scheduled for November 2026","jir_meta_description":"Art Vivant Co., Ltd. approved a share consolidation at an extraordinary general meeting, abolished the number of shares per trading unit and amended the articles of incorporation. The consolidation ratio is 618,000 shares to 1 share, and delisting is scheduled for 2026-11-11. Fractional shares will be sold and proceeds paid in cash.","jir_og_title":"Art Vivant Co., Ltd. Approves Share Consolidation and Amendment to Articles of Incorporation | Delisting Scheduled for November 2026","jir_og_description":"Share consolidation approved at an extraordinary general meeting. Consolidation ratio: 618,000 shares to 1 share. Delisting date scheduled for 2026-11-11. Fractional shares to be sold and cash paid to shareholders.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58299,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-132767","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Approval of Share Consolidation, Abolition of the Number of Shares per Trading Unit and Partial Amendment to the Articles of Incorporation - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20261020-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20261020-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20261020-01_wp_capital_policy\/\",\"name\":\"Notice of Approval of Share Consolidation, Abolition of the Number of Shares per Trading Unit and Partial Amendment to the Articles of Incorporation - 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