Toyo Engineering has resolved to cancel 6,240,200 Class A preferred shares (100% of the issued shares) effective April 30, 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\u2606\u2606","jir_publication_date":"2026-04-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/6330-20260423-01.pdf","jir_short_summary":"Toyo Engineering has resolved to cancel 6,240,200 Class A preferred shares (100% of the issued shares) effective April 30, 2026.","jir_summary":"### Overview of Capital Policy\nAt its board meeting held on April 23, 2026, Toyo Engineering Corporation resolved, pursuant to Article 178 of the Companies Act, to cancel 6,240,200 Class A preferred shares. This corresponds to 100% of the issued Class A preferred shares as of March 31, 2026, with the effective date set for April 30, 2026. After cancellation, the total number of issued Class A preferred shares will be zero. Meanwhile, the total number of issued common shares remains unchanged at 58,828,807 shares.\n\n### Impact on Shareholders\nAs a result of this treasury stock cancellation, all Class A preferred shares will be cancelled, leading to a reduction in the number of shares held by shareholders owning these shares. There is no change in the total number of issued common shares, and no dilution impact is expected. There is no mention of funds usage or specific shareholder return measures associated with the cancellation. Investors should pay attention to the purpose of the cancellation and future trends in capital policy.","jir_financial_highlights":"Type of shares to be cancelled: Class A preferred shares (Unknown)\nTotal number of shares to be cancelled: 6,240,200 shares (100% of issued shares)\nEffective date: April 30, 2026 (Unknown)\nTotal number of issued common shares after cancellation: 58,828,807 shares (Unknown)\nTotal number of issued Class A preferred shares after cancellation: 0 shares (Unknown)","jir_category":"","jir_hashtags":"#ToyoEngineeringCorporation, #TreasuryStockCancellation, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Number of Class A preferred shares to be cancelled: 6,240,200 shares (100% of issued shares)\nEffective date of cancellation: April 30, 2026\nNumber of issued Class A preferred shares after cancellation: 0 shares","jir_meta_title":"\u3010Toyo Engineering\u3011Cancellation of 6,240,200 Class A Preferred Shares | April 2026","jir_meta_description":"Toyo Engineering has resolved to cancel 6,240,200 Class A preferred shares (100% of issued shares) effective April 30, 2026. Focus on the review of capital structure.","jir_og_title":"\u3010Toyo Engineering\u3011Cancellation of 6,240,200 Class A Preferred Shares | April 2026","jir_og_description":"All 6,240,200 Class A preferred shares will be cancelled on April 30, 2026. A significant change in capital policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16642,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-41925","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n