Raksul Inc. plans to implement a stock consolidation on June 2, 2026, consolidating 28,000,000 shares into one share, thereby reducing the number of issued shares by approximately 59.58 million shares. Consequently, it is expected to be delisted from the Tokyo Stock Exchange Prime Market on May 29, 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":"4384","jir_company_name":"Raksul Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/4384-20260414-02.pdf","jir_short_summary":"Raksul Inc. plans to implement a stock consolidation on June 2, 2026, consolidating 28,000,000 shares into one share, thereby reducing the number of issued shares by approximately 59.58 million shares. Consequently, it is expected to be delisted from the Tokyo Stock Exchange Prime Market on May 29, 2026.","jir_summary":"### Overview of Stock Consolidation and Going Private\nRaksul Inc. plans to implement a stock consolidation on June 2, 2026, consolidating 28,000,000 shares into one share, resulting in a decrease of approximately 59,584,824 issued shares. This stock consolidation is part of a Management Buyout (MBO), with the tender offeror R1 Inc. acquiring the majority of the company's shares, aiming to reduce shareholders to the tender offeror only. Accordingly, the company is expected to be delisted from the Tokyo Stock Exchange Prime Market on May 29, 2026.\n\n### Background of the Tender Offer and Assurance of Fairness\nThe tender offeror acquired 86.44% of the company's shares and other securities during the period from December 12, 2025, to March 10, 2026. The tender offer price was initially \u00a51,400 and was raised to \u00a51,900 after multiple negotiations. The fairness of the tender offer price was confirmed through obtaining stock valuation reports from independent third-party institutions KPMG and Plutus Consulting and through review by a special committee. The Board of Directors passed resolutions supporting and recommending participation in the tender offer on December 11, 2025, and February 18, 2026.\n\n### Abolition of Trading Unit Designation and Amendment of Articles of Incorporation\nSince the number of issued shares will be two following the stock consolidation, the designation of trading units will be abolished. Accordingly, the total number of authorized shares will be changed to six, and provisions related to the trading unit, the record date for general meetings of shareholders, and electronic provision measures will be deleted from the Articles of Incorporation, with these amendments scheduled to take effect on June 2, 2026.\n\n### Reasons for Delisting and Impact on Shareholders\nThe objective of going private is to be freed from short-term performance and stock price pressures from the market, enabling agile and flexible management decisions. Concerns regarding funding restrictions and decline in social credibility due to delisting are judged to be limited due to good relationships with financial institutions and existing brand recognition. Fractional shares will be sold to the tender offeror, and shareholders will receive cash corresponding to their fractional shares.","jir_financial_highlights":"Consolidation Ratio: Consolidating 28,000,000 shares into 1 share (Issued shares expected to decrease by 59,584,824 shares)\nDelisting Date: 2026-05-29 (Delisting planned)\nTender Offer Price: \u00a51,900 (Tender offer price raised from \u00a51,710 to \u00a51,900)","jir_category":"","jir_hashtags":"#Raksul, #CapitalPolicy, #StockConsolidation, #Delisting, #MBO","jir_key_figures":"Stock Consolidation Ratio: Consolidating 28,000,000 shares into 1 share\nDecrease in Total Issued Shares: Approx. 59,584,824 shares\nDelisting Date: 2026-05-29","jir_meta_title":"[Raksul] Announces Stock Consolidation and Delisting\uff5cJune 2026","jir_meta_description":"Raksul Inc. is scheduled to consolidate 28,000,000 shares into one share in June 2026 and to be delisted from the Tokyo Stock Exchange Prime Market on May 29 the same year. Details of capital policy related to the MBO are disclosed.","jir_og_title":"[Raksul] Announces Stock Consolidation and Delisting\uff5cJune 2026","jir_og_description":"Raksul plans to consolidate 28,000,000 shares into one share and be delisted on May 29, 2026. Overview of capital policies implemented through MBO is explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9482,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-40692","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n