Source disclosure: January 14, 2026
FUJITEC CO.,LTD. [6406.T]
TOKYO, Jan 14, 2026 (JCN Newswire via COMTEX) - Fujitec Co., Ltd., represented by President Masaya Harada and led by Executive Director and Chief Financial Officer Hiroshi Yamamoto, has announced that its board of directors resolved to cancel shares held as treasury stock under Article 178 of Japan's Companies Act.
The company plans to cancel 524,976 ordinary shares, which represent approximately 0.67% of its issued share capital prior to cancellation, rounded off to the third decimal place. The cancellation is contingent upon approval of a proposed share consolidation plan scheduled for discussion at an extraordinary shareholders' meeting on February 20, 2026. This share consolidation will take effect on March 25, 2026.
Fujitec's total outstanding share count after the cancellation will be reduced to 78,375,024 shares. The number of shares being cancelled includes those acquired through various agreements: 2,653 restricted shares were obtained free of charge from Takakazu Uchiyama on November 6, 2025, while another 953 restricted shares are expected to be similarly acquired from current directors and executive officers on March 24, 2026. These acquisitions bring the total number of treasury shares to 851,861 before the planned cancellation.
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