Toda Corporation resolved at the Board of Directors meeting on April 28, 2026 to partially revise and continue its policy on large-scale purchase of shares until June 2029. The countermeasure includes the allocation of stock acquisition rights free of charge.<\/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":"1860","jir_company_name":"Toda Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1860-20260428-01.pdf","jir_short_summary":"Toda Corporation resolved at the Board of Directors meeting on April 28, 2026 to partially revise and continue its policy on large-scale purchase of shares until June 2029. The countermeasure includes the allocation of stock acquisition rights free of charge.","jir_summary":"### Overview and Purpose of the Policy\nToda Corporation decided at the Board of Directors meeting on April 28, 2026 to partially revise and continue the policy on large-scale purchase of shares introduced with shareholder approval in 2023 until June 2029. This policy aims to implement countermeasures when a specific individual or group acquires 20% or more of voting rights and there is a risk of damaging corporate value or the collective interests of shareholders. The prescribed countermeasure includes the free allocation of stock acquisition rights, with a transparent operation that respects the recommendations of the independent committee to the fullest extent and prioritizes shareholder intentions.\n\n### Impact on Shareholders and Investors\nThe continuation of this policy means that stock acquisition rights will not be issued at this time, and there is no direct impact on shareholders\u2019 legal rights or economic interests. However, if countermeasures are activated, stock acquisition rights will be allocated free of charge, potentially causing dilution of value per share. Legal rights and economic interests of non-qualified persons may be affected. The decision to activate or not activate countermeasures will be made through a shareholders' meeting to confirm shareholders\u2019 intentions and the judgement of the independent committee, ensuring an adequate reflection of shareholder will.","jir_financial_highlights":"Effective period of this policy: From the conclusion of the Ordinary General Meeting of Shareholders scheduled for June 2026 to the conclusion of the Ordinary General Meeting of Shareholders scheduled for June 2029 (Extended by 3 years from the previous policy)\nMajor shareholder's ownership ratio: 14.32% (Unknown)\nFounding family-related shareholders' ownership ratio: Approximately 27% (Unknown)","jir_category":"","jir_hashtags":"#TodaCorporation, #TakeoverDefensePolicy, #TOB, #CorporateGovernance","jir_key_figures":"Effective period of policy: June 2026 to June 2029 (3 years)\nMajor shareholder Daiichi Shokusan Co., Ltd. ownership ratio: 14.32%\nFounding family-related shareholders ownership ratio: Approximately 27%","jir_meta_title":"[Toda Corporation] Continuation of Policy on Large-Scale Purchase of Shares Until June 2029\uff5cApril 2026","jir_meta_description":"Toda Corporation partially revises and decides to continue its policy on large-scale purchase of shares until June 2029. The policy stipulates allocation of stock acquisition rights free of charge as a countermeasure to ensure shareholder interests.","jir_og_title":"[Toda Corporation] Continuation of Policy on Large-Scale Purchase of Shares Until June 2029","jir_og_description":"Toda Corporation revises and extends its policy on large-scale purchase of shares for three years, clarifying countermeasures aimed at protecting shareholder interests.","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":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-43160","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n