{"id":33685,"date":"2026-03-06T15:53:42","date_gmt":"2026-03-06T06:53:42","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/5976-20260306-03_wp_share_cancellation\/"},"modified":"2026-03-06T15:53:42","modified_gmt":"2026-03-06T06:53:42","slug":"5976-20260306-03_wp_share_cancellation","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-5976\/ir\/5976-20260306-03_wp_share_cancellation\/","title":{"rendered":"Notice Regarding Cancellation of Treasury Stock\n(Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)"},"content":{"rendered":"<p>Scheduled cancellation of 1,690,000 shares of treasury stock (4.90% of the total outstanding shares) on March 19, 2026. The total number of shares outstanding after cancellation will be 32,805,400 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":"5976","jir_company_name":"High Frequency Heat Treatment Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5976-20260306-03.pdf","jir_short_summary":"Scheduled cancellation of 1,690,000 shares of treasury stock (4.90% of the total outstanding shares) on March 19, 2026. The total number of shares outstanding after cancellation will be 32,805,400 shares.","jir_summary":"### Overview of Treasury Stock Cancellation\nAt the Board of Directors meeting held on March 6, 2026, High Frequency Heat Treatment Co., Ltd. resolved to cancel 1,690,000 shares of treasury stock pursuant to Article 178 of the Companies Act. The shares to be canceled are our common shares, with the scheduled cancellation date set for March 19, 2026. The proportion to shares outstanding before cancellation corresponds to 4.90%.\n\n### Impact on Shareholders and Future Outlook\nFollowing cancellation, the total shares outstanding will be 32,805,400 shares, and the number of treasury shares is expected to decrease to 200,665 shares (0.61% of total shares outstanding). This will suppress share dilution and is expected to enhance shareholder value. The number of treasury shares after cancellation is calculated based on the treasury stock count as of February 28, 2026.","jir_financial_highlights":"Number of shares to be canceled: 1,690,000 shares (Proportion to total shares outstanding before cancellation: 4.90%)\nScheduled cancellation date: March 19, 2026 (Unknown)\nTotal shares outstanding after cancellation: 32,805,400 shares (Unknown)","jir_category":"","jir_hashtags":"#HighFrequencyHeatTreatmentCoLtd, #TreasuryStockCancellation, #JapaneseStocks","jir_key_figures":"Number of shares to be canceled: 1,690,000 shares (Proportion to total shares outstanding before cancellation: 4.90%)\nScheduled cancellation date: March 19, 2026\nTotal shares outstanding after cancellation: 32,805,400 shares","jir_meta_title":"High Frequency Heat Treatment Co., Ltd. to Cancel 1,690,000 Treasury Shares (4.90%) on March 19, 2026","jir_meta_description":"High Frequency Heat Treatment Co., Ltd. resolved on March 6, 2026, to cancel 1,690,000 treasury shares representing 4.90% of total shares outstanding, with cancellation scheduled for March 19. The total shares outstanding after cancellation will be 32,805,400 shares.","jir_og_title":"High Frequency Heat Treatment Co., Ltd. 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