Source disclosure: January 29, 2026
ORIENTAL LAND CO.,LTD. [4661.T]
TOKYO, Jan 29 (Pulse News Wire) – Oriental Land CO.,LTD. (4661.T) canceled part of its share repurchase plan due to an error in estimating the number of shares expected to be acquired by its employee stock holding association over the next five years.
The cancellation affects approximately 0.006% of the outstanding shares, which was initially set to distribute 3,859,000 ordinary shares based on estimates made by the trustee of the trust fund. However, the trustee's calculation process contained inaccuracies, leading to an overestimation of the shares allocated to the trust. As a result, 115,800 shares have been canceled from the repurchase plan.
Following the cancellation, the total number of shares distributed now stands at 3,743,200 ordinary shares, down from the initial amount. The total value of the repurchased shares also decreased accordingly, from ¥11.86 billion to ¥11.50 billion. Additionally, the total acquisition cost previously disclosed on November 25, 2025, has been revised from ¥11.86 billion to ¥11.50 billion.
This adjustment is considered minor and is unlikely to significantly impact the company’s consolidated performance or financial status.
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