Creema Adjusts Capital Reduction and Surplus Distribution Effective Date

TOKYO, Jun 24 (Pulse News Wire) – CREEMA LTD. (4017.T) announced changes to the effective date for its capital reduction and surplus distribution plan.

Initially scheduled for June 30, 2026, the new effective date is now set for July 31, 2026, due to ongoing creditor protection procedures mandated by the Companies Act. The reasons for the delay were outlined during the 17th Ordinary General Meeting of Shareholders held on May 26, 2026, where shareholders approved the capital reduction and surplus distribution plans. However, the progress of necessary legal procedures necessitated postponing the implementation date.

Key details of the adjustment include: - Final creditors' objection submission deadline changed from June 29, 2026, to July 31, 2026. - New effective date for the measures is July 31, 2026. This change does not affect the company's net assets or earnings performance.

Additionally, there will be no impact on the number of outstanding shares or per-share net asset value.