519A0.T to Hold Extraordinary Shareholders' Meeting on Aug 28 to Discuss Capital Reduction

TOKYO, Jul 15 (Pulse News Wire) – 519a0.t (519A.T) announced plans to hold an extraordinary shareholders' meeting on August 28, 2026 (August 28, 2026) at 10:00 AM local time at its headquarters located at 17-6 Ichibancho MS Building, 2nd Floor, Chiyoda Ward, Tokyo. The agenda includes a proposal to reduce the capital stock amount.

The reduction aims to enhance financial flexibility and ensure sound financial foundations through appropriate tax measures, aligning with future growth strategies. According to Article 447, Paragraph 1 of the Companies Act, the company intends to decrease its capital stock from ¥370.3 million to ¥10 million. The reduction will take effect on October 15, 2026 (October 15, 2026). In case any outstanding subscription rights are exercised prior to the effective date, the reduction amount and final capital stock might fluctuate.

No share buybacks will occur, and the entire reduced capital stock amount will be transferred to additional paid-in capital without altering the total number of issued shares. Key milestones include creditor objection notices being published on September 7, 2026, and the deadline for such objections set for October 7, 2026. This adjustment involves internal reclassification within equity accounts and does not affect the total equity balance. Approval of the proposal at the extraordinary meeting and completion of creditor protection procedures under the Companies Act are prerequisites for implementation.