{"id":21073,"date":"2026-01-27T16:13:09","date_gmt":"2026-01-27T07:13:09","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3655-20260127-01_wp_capital_policy\/"},"modified":"2026-01-27T16:13:09","modified_gmt":"2026-01-27T07:13:09","slug":"3655-20260127-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3655\/ir\/3655-20260127-01_wp_capital_policy\/","title":{"rendered":"Notification Regarding Stock Consolidation, Abolition of the Unit Share System, and Partial Amendment of Articles of Incorporation"},"content":{"rendered":"<p>On March 19, 2026, 2,787,398 shares will be consolidated into one share, reducing the number of outstanding shares from approximately 20,832,201 shares to 7 shares. As a result, delisting from the Tokyo Stock Exchange Prime Market is scheduled for March 17, 2026.<\/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":"3655","jir_company_name":"BrainPad Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/3655-20260127-01.pdf","jir_short_summary":"On March 19, 2026, 2,787,398 shares will be consolidated into one share, reducing the number of outstanding shares from approximately 20,832,201 shares to 7 shares. As a result, delisting from the Tokyo Stock Exchange Prime Market is scheduled for March 17, 2026.","jir_summary":"### Overview and Purpose of Stock Consolidation\nBrainPad Inc. plans to implement a stock consolidation on March 19, 2026, consolidating 2,787,398 shares into one share, significantly reducing the number of outstanding shares from approximately 20,832,201 shares to 7 shares, following the successful tender offer by Fujitsu Limited. Consequently, shares held by shareholders other than the tender offeror will result in fractional shares less than one share, which will be sold to Fujitsu Limited with court approval, and the proceeds will be distributed to shareholders. This stock consolidation is the second step in a two-step acquisition aimed at fully acquiring the tender offeror's ownership, with the company's shares scheduled to be delisted from the Tokyo Stock Exchange Prime Market on March 17, 2026.\n\n### Impact on Shareholders and Measures to Ensure Fairness\nAn independent special committee has been established for this transaction to ensure fairness, transparency, and objectivity, with expert advice from Nomura Securities and Nagashima Ohno & Tsunematsu Law Offices. The tender offer price is 2,706 yen per share, representing a premium of up to 107.67% over the market price, and is deemed reasonable within the range of share value estimates using multiple valuation methodologies. The Board of Directors unanimously supports the transaction and recommends shareholders to tender their shares. The disadvantages of delisting are considered limited, and synergy effects such as accelerated growth leveraging the tender offeror\u2019s strong business foundation and improved management flexibility are expected.","jir_financial_highlights":"Stock Consolidation Ratio: 2,787,398 shares consolidated into 1 share (Outstanding shares scheduled to decrease from 20,832,201 shares to 7 shares)\nDelisting Date: March 17, 2026 (Tuesday) (Scheduled) (Designated as a security under delisting adjustment period: February 26, 2026 to March 16, 2026)\nTender Offer Price: 2,706 yen per share (A premium of 100.00% to 107.67% over the closing price of the Tokyo Stock Exchange Prime Market)","jir_category":"","jir_hashtags":"#BrainPadInc, #StockConsolidation, #CapitalPolicy, #Delisting, #JapaneseStocks","jir_key_figures":"Stock Consolidation Ratio: 2,787,398 shares consolidated into 1 share\nNumber of Outstanding Shares (Before Consolidation): 20,832,201 shares (Scheduled)\nNumber of Outstanding Shares (After Consolidation): 7 shares (Scheduled)\nTender Offer Price: 2,706 yen per share (up to a 107.67% premium)\nDelisting Date: March 17, 2026 (Scheduled)","jir_meta_title":"BrainPad Inc. to Consolidate 2,787,398 Shares into One and Delist in March 2026","jir_meta_description":"BrainPad Inc. will implement a stock consolidation on March 19, 2026, drastically reducing outstanding shares from approximately 20,832,201 to 7. The tender offer price is 2,706 yen per share with a premium of up to 107.67%. Delisting from the Tokyo Stock Exchange Prime Market is scheduled for March 17, 2026.","jir_og_title":"BrainPad Inc. Announces Stock Consolidation and Delisting","jir_og_description":"Stock consolidation scheduled for March 2026, with delisting from the Tokyo Stock Exchange Prime Market. Tender offer price is 2,706 yen per share, offering premium benefits to shareholders.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17186,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-21073","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>Notification Regarding Stock Consolidation, Abolition of the Unit Share System, and Partial Amendment of 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-3655\/ir\/3655-20260127-01_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-3655\/ir\/3655-20260127-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3655\/ir\/3655-20260127-01_wp_capital_policy\/\",\"name\":\"Notification Regarding Stock Consolidation, Abolition of the Unit Share System, and Partial Amendment of Articles of Incorporation - 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