Mitsui Fudosan to Cancel Shares Worth Over 1 Trillion

TOKYO, Aug 07 (Pulse News Wire) – Mitsui Fudosan CO.,LTD. (8801.T) resolved at its board meeting held on August 07, 2026 to cancel shares worth over ¥1 trillion based on Article 178 of the Companies Act.

The company plans to cancel ordinary shares totaling 26,250,100. This represents 0.97% of the outstanding share capital prior to cancellation. The cancellation is scheduled for August 31, 2026.

The shares being canceled were acquired through a resolution made at the board meeting on May 13, 2026. Following the cancellation, the total number of outstanding shares will be reduced to 2,693,184,033. This move reflects the company's ongoing efforts to optimize its capital structure and enhance shareholder value.