TOKYO, Mar 26 (Pulse News Wire) – Oisix ra daichi Inc. (3182.T) announced today that its board of directors resolved to cancel treasury shares under Article 178 of the Companies Act.
The company plans to cancel 1,020,000 ordinary shares, representing 2.69% of the outstanding share capital prior to cancellation, scheduled for March 30, 2026. Following the cancellation, the total number of outstanding shares will be 36,940,000. The remaining treasury shares will amount to 2,207,156, which represents 5.97% of the post-cancellation outstanding shares.
In conjunction with the cancellation, the company revised its policy on holding treasury shares. Going forward, the company intends to limit holdings to approximately 6.0% of the total issued shares, excluding treasury stock. Any excess will be canceled according to the provisions of Article 178 of the Companies Act, subject to approval by the board of directors on a case-by-case basis.
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