Source disclosure: February 10, 2026
HEIAN CEREMONY SERVICE CO.,LTD. [2344.T]
TOKYO — Heian Ceremony Service Co., Ltd. announced on Friday that its board of directors has resolved to cancel shares held by the company itself under Article 178 of the Companies Act. The decision pertains to 480,100 ordinary shares, representing approximately 3.90 percent (rounded off to the third decimal place) of the total issued shares before cancellation.
The share cancellation is contingent upon the approval of a proposed share consolidation plan scheduled for discussion at the extraordinary shareholders' meeting planned for April 15, 2026. If approved, the share consolidation will take effect on May 12, 2026. The company aims to finalize this process on May 11, 2026, which would result in zero self-held shares remaining in circulation.
Following the cancellation, the outstanding share count will be reduced to 11,826,695 shares. This move aligns with broader strategic objectives outlined in recent announcements regarding changes to the company's capital structure and governance framework.
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