Toda Corporation has determined the terms and conditions for issuing stock acquisition rights by third-party allotment for share buyback with an upper limit of 4,651,100 potential shares, based on a board resolution dated March 25, 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 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/1860-20260326-02.pdf","jir_short_summary":"Toda Corporation has determined the terms and conditions for issuing stock acquisition rights by third-party allotment for share buyback with an upper limit of 4,651,100 potential shares, based on a board resolution dated March 25, 2026.","jir_summary":"### Overview of Capital Policy\nBased on the board resolution dated March 25, 2026, Toda Corporation has determined the terms and conditions for the issuance of the first series stock acquisition rights by third-party allotment for share buyback through Accelerated Share Repurchase (ASR). The maximum number of potential shares is set at 4,651,100, and the reference amount is established at JPY 6,999,905,500. The number of shares to be delivered upon exercise of the issued stock acquisition rights will be calculated by deducting the number obtained by dividing the reference amount by the average share price from the reference number of shares. The average share price is defined as the Volume Weighted Average Price (VWAP) on the Tokyo Stock Exchange during a certain period after March 27, 2026, multiplied by 101.4%, plus an adjustment amount for dividends.\n\n### Impact on Shareholders and Future Outlook\nThe issuance of these stock acquisition rights may increase the number of potential shares, presenting a dilution risk for shareholders. The terms incorporate an adjustment for dividend amounts to align with shareholders' dividend entitlements. For detailed information on purchase results and cancellations, please refer to the press release dated March 25, 2026, titled \"Notice Regarding the Purchase and Cancellation of Treasury Stock by Off-Market Share Buyback Transaction (Share Buyback and Cancellation via Accelerated Share Repurchase (ASR)).\"","jir_financial_highlights":"Potential Shares: 4,651,100 shares (maximum) (Unknown)\nReference Amount: JPY 6,999,905,500 (Unknown)\nResolution Date: 2026-03-25 (Unknown)","jir_category":"","jir_hashtags":"#TodaCorporation, #ShareBuyback, #StockAcquisitionRights","jir_key_figures":"Potential Shares: 4,651,100 shares (maximum)\nReference Amount: JPY 6,999,905,500\nBoard Resolution Date: 2026-03-25","jir_meta_title":"Toda Corporation Determines Terms for Stock Acquisition Rights Issuance with Potential Shares of 4,651,100 for Share Buyback","jir_meta_description":"On March 25, 2026, Toda Corporation determined the terms for issuing stock acquisition rights related to an accelerated share repurchase (ASR) with an upper limit of 4,651,100 potential shares. Investors should be aware of dilution risks.","jir_og_title":"Toda Corporation Announces Terms for Stock Acquisition Rights Issuance for Share Buyback","jir_og_description":"Toda Corporation has announced the terms for issuing stock acquisition rights related to share buyback with a maximum of 4,651,100 potential shares. Please refer to the official announcement for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7986,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-36672","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n