{"id":31507,"date":"2026-02-26T16:02:57","date_gmt":"2026-02-26T07:02:57","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7718-20260226-01_wp_capital_policy\/"},"modified":"2026-02-26T16:02:57","modified_gmt":"2026-02-26T07:02:57","slug":"7718-20260226-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7718\/ir\/7718-20260226-01_wp_capital_policy\/","title":{"rendered":"Notice of Approval Resolution Regarding Share Consolidation, Abolition of Unit Share System, and Partial Amendment to Articles of Incorporation"},"content":{"rendered":"<p>The Company will implement a share consolidation on March 17, 2026, consolidating 48,481,334 common shares into 1 share for every 8,652,350 shares, reducing the total number of issued shares to 5. Accordingly, the unit share system will be abolished, and delisting is planned for March 13 of the same year.<\/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":"7718","jir_company_name":"Unknown","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/7718-20260226-01.pdf","jir_short_summary":"The Company will implement a share consolidation on March 17, 2026, consolidating 48,481,334 common shares into 1 share for every 8,652,350 shares, reducing the total number of issued shares to 5. Accordingly, the unit share system will be abolished, and delisting is planned for March 13 of the same year.","jir_summary":"### Overview of Capital Policy\nThe Company will carry out a share consolidation on March 17, 2026, consolidating 48,481,334 common shares into 1 share for every 8,652,350 shares, thereby reducing the total number of issued shares to 5. In connection with this, the unit share system will be abolished and the total number of authorized shares will be changed to 20. Fractional shares less than one share arising from the share consolidation will be sold to Solstice Co., Ltd., the tender offeror, and the proceeds from the sale will be distributed to shareholders.\n\n### Delisting and Future Schedule\nAs a result of this share consolidation, the Company's shares will meet the delisting criteria of the Tokyo Stock Exchange, and delisting is planned for March 13, 2026. Following delisting, trading on the Tokyo Stock Exchange Prime Market will no longer be possible. The sale of fractional shares will be conducted in late April 2026 following court approval, and the proceeds from the sale are expected to be distributed to shareholders around late June 2026.","jir_financial_highlights":"Consolidation Ratio: Consolidation of 8,652,350 shares into 1 share (Unknown)\nTotal Number of Issued Shares (Before Effective Date): 48,481,334 shares (including treasury stock) (Unknown)\nTotal Number of Issued Shares (After Effective Date): 5 shares (Significant decrease)\nTotal Number of Authorized Shares (After Effective Date): 20 shares (Unknown)\nShare Sale Price (Per Share): 2,210 yen (Unknown)\nDelisting Date: March 13, 2026 (planned) (Unknown)","jir_category":"","jir_hashtags":"#7718, #CapitalPolicy, #ShareConsolidation, #Delisting, #JapaneseStocks","jir_key_figures":"Share Consolidation Ratio: Consolidation of 8,652,350 shares into 1 share\nTotal Number of Issued Shares (Before Effective Date): 48,481,334 shares (including treasury stock)\nTotal Number of Issued Shares (After Effective Date): 5 shares","jir_meta_title":"Share Consolidation Reduces Total Issued Shares to 5, Delisting Planned on March 13, 2026","jir_meta_description":"The Company will consolidate its common shares at a ratio of 8,652,350 shares into 1 share on March 17, 2026, reducing the total number of issued shares to 5. Accordingly, the unit share system will be abolished, and delisting from the Tokyo Stock Exchange is planned for March 13, 2026.","jir_og_title":"Approval Resolution on Share Consolidation and Delisting","jir_og_description":"The Company will implement a share consolidation on March 17, 2026, reducing the total number of issued shares to 5. Delisting is planned for March 13, 2026. Proceeds from the sale of fractional shares will be distributed to shareholders.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9536,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-31507","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 Resolution Regarding Share Consolidation, Abolition of Unit Share System, and Partial Amendment to 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-7718\/ir\/7718-20260226-01_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-7718\/ir\/7718-20260226-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7718\/ir\/7718-20260226-01_wp_capital_policy\/\",\"name\":\"Notice of Approval Resolution Regarding Share Consolidation, Abolition of Unit Share System, and Partial Amendment to Articles of Incorporation - 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