Kodensha has agreed to Kinden’s tender offer and plans to implement a share delisting and share buyback in late September 2026. The company intends to return funds to shareholders through the sale of fractional shares and a share consolidation.<\/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":"1948","jir_company_name":"Kodensha","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-05-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/1948-20260525-02.pdf","jir_short_summary":"Kodensha has agreed to Kinden's tender offer and plans to implement a share delisting and share buyback in late September 2026. The company intends to return funds to shareholders through the sale of fractional shares and a share consolidation.","jir_summary":"### Overview of Capital Policy and Share Delisting\nKodensha has approved Kinden\u2019s tender offer and plans to carry out a share consolidation and squeeze-out procedure to delist shares in late September 2026. The Share Buyback price is set at 8,058 Yen, and the company plans to return funds to shareholders through the sale of fractional shares. The impact on business due to the dissolution of capital relationships is deemed limited.\n\n### Future Schedule and Impact on Shareholders\nAn extraordinary general meeting of shareholders will be held in early September 2026 to approve the share consolidation. Following approval, fractional shares will be sold and funds will be distributed. The delisting may be carried out depending on the tender offer results, with appropriate information disclosure and fair procedures ensured for shareholders.","jir_financial_highlights":"Share Buyback Price: 8,058 Yen (Unknown)\nTender Offer Price: 11,501 Yen (Unknown)\nShareholding Ratio (Parent Company: Mitsubishi Electric): 51.36\uff05 (Unknown)","jir_category":"","jir_hashtags":"#Kodensha, #ShareDelisting, #IR, #JapaneseStocks","jir_key_figures":"Share Buyback Price: 8,058 Yen\nTender Offer Price: 11,501 Yen\nParent Company Mitsubishi Electric's Ownership Ratio: 51.36\uff05","jir_meta_title":"[Kodensha] Share Delisting and Share Buyback Plan | May 2026","jir_meta_description":"Kodensha has approved Kinden\u2019s tender offer, planning to delist shares and conduct a share buyback in late September 2026. The company will return funds through fractional share sales and share consolidation.","jir_og_title":"[Kodensha] Share Delisting and Share Buyback | May 2026","jir_og_description":"Kodensha has approved Kinden\u2019s tender offer, with plans to delist shares and conduct a share buyback in September 2026. The company plans to return funds via fractional share sales and capital reduction.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17474,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-54519","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n