On January 28, 2026, 393 fractional shares resulting from the share exchange will be repurchased as treasury stock, with the purchase price based on the closing price on the same 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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":"6371","jir_company_name":"Tsubakimoto Chain Co.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-01-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/6371-20260128-01.pdf","jir_short_summary":"On January 28, 2026, 393 fractional shares resulting from the share exchange will be repurchased as treasury stock, with the purchase price based on the closing price on the same day.","jir_summary":"### Overview of the Purchase of Treasury Stock\nTsubakimoto Chain Co. conducted a share exchange on January 1, 2026, becoming the wholly owning parent company. Accordingly, regarding the 393 fractional shares less than one share allocated to shareholders of Daido Kogyo Co., Ltd., the company resolved at the board meeting on January 28, 2026, to purchase these shares as treasury stock based on the provisions of Article 234, Paragraphs 4 and 5 of the Companies Act. The purchase price will be calculated based on the closing price on the Tokyo Stock Exchange on the same day.\n\n### Impact on Shareholders and Future Actions\nThis treasury stock purchase is intended solely to handle fractional shares resulting from the share exchange and is aimed at protecting shareholder rights. Shareholders holding fractional shares will receive cash compensation, and no significant dilution of shares or impact on capital structure is expected. The purchase will be executed on January 28, 2026, and processed promptly.","jir_financial_highlights":"Total Number of Shares to be Purchased: 393 shares (Unknown)\nPurchase Date: January 28, 2026 (Unknown)\nPurchase Price: Total number of shares to be purchased (393 shares) \u00d7 closing price on January 28, 2026 (Unknown)","jir_category":"","jir_hashtags":"#TsubakimotoChainCo, #TreasuryStockPurchase, #ShareExchange","jir_key_figures":"Total Number of Shares to be Purchased: 393 shares (fractional shares from the share exchange)\nPurchase Date: January 28, 2026\nPurchase Price: 393 shares \u00d7 closing price on January 28, 2026 (specific amount unknown)","jir_meta_title":"Tsubakimoto Chain Co. Resolves to Purchase 393 Fractional Shares as Treasury Stock Resulting from Share Exchange","jir_meta_description":"Tsubakimoto Chain Co. resolved on January 28, 2026, to purchase 393 fractional shares resulting from a share exchange as treasury stock. The purchase price will be calculated based on the closing price on the day.","jir_og_title":"Tsubakimoto Chain Announces Treasury Stock Purchase of Fractional Shares from Share Exchange","jir_og_description":"Purchase of 393 fractional shares as treasury stock resulting from share exchange on January 28, 2026. Limited impact on shareholders is expected.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8842,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-21323","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n