{"id":48147,"date":"2026-05-12T19:27:25","date_gmt":"2026-05-12T10:27:25","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4384-20260512-01_wp_capital_policy\/"},"modified":"2026-05-12T19:27:25","modified_gmt":"2026-05-12T10:27:25","slug":"4384-20260512-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4384\/ir\/4384-20260512-01_wp_capital_policy\/","title":{"rendered":"Announcement of Share Consolidation and Delisting | Laxaro May 2026"},"content":{"rendered":"<p>Laxaro approved a share consolidation and partial amendments to the articles of incorporation on May 12, 2026, with delisting scheduled for the same day. The consolidation ratio is set to reduce 28,000,000 shares to 1 share, decreasing the total number of shares. Sale of fractional shares and payment to shareholders are also planned.<\/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":"Laxaro Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/4384-20260512-01.pdf","jir_short_summary":"Laxaro approved a share consolidation and partial amendments to the articles of incorporation on May 12, 2026, with delisting scheduled for the same day. The consolidation ratio is set to reduce 28,000,000 shares to 1 share, decreasing the total number of shares. Sale of fractional shares and payment to shareholders are also planned.","jir_summary":"### Overview of Share Consolidation and Articles of Incorporation Amendments\nLaxaro approved the share consolidation and partial amendments to the articles of incorporation on May 12, 2026, setting the consolidation ratio at 28,000,000 shares to 1 share. As a result, the number of issued shares will decrease from approximately 59.58 million shares to 2 shares, and delisting is scheduled. Sale of fractional shares and payment to shareholders are also planned following the consolidation.\n\n### Schedule and Impact on Shareholders\nThe consolidation will take effect on June 2, 2026, after which sale of fractional shares and payment to shareholders are expected to be completed by late August 2026. With delisting, trading on the Tokyo Stock Exchange Prime Market will end, leading to significant changes in shareholders\u2019 ownership ratios and stock liquidity.","jir_financial_highlights":"Total Shares Issued: 59,584,824 shares (as of March 31, 2026) (Decrease (due to share consolidation))\nEffective Date: June 2, 2026 (Reduction to 2 shares)\nDelisting Date: May 29, 2026 (Delisted)","jir_category":"","jir_hashtags":"#Laxaro, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Total Shares Issued: 59,584,824 shares (as of March 31, 2026)\nShare Consolidation Ratio: 28,000,000 shares consolidated into 1 share\nScheduled Delisting Date: May 29, 2026","jir_meta_title":"\u3010Laxaro\u3011Share Consolidation and Delisting\uff5cMay 2026","jir_meta_description":"Laxaro approved a share consolidation and articles of incorporation amendments on May 12, 2026, with delisting scheduled for the same day. Details of the consolidation ratio and shareholder measures are provided.","jir_og_title":"\u3010Laxaro\u3011Share Consolidation and Delisting\uff5cMay 2026","jir_og_description":"Laxaro approved a share consolidation and articles of incorporation amendments on May 12, 2026, with delisting planned. Focus on reduction of shares and shareholder measures.","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-48147","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Announcement of Share Consolidation and Delisting | Laxaro May 2026 - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-4384\/ir\/4384-20260512-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-4384\/ir\/4384-20260512-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4384\/ir\/4384-20260512-01_wp_capital_policy\/\",\"name\":\"Announcement of Share Consolidation and Delisting | Laxaro May 2026 - 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