Source disclosure: February 04, 2026
PARIS MIKI HOLDINGS Inc. [7455.T]
TOKYO, Feb 4 (Reuters) - PARIS MIKI HOLDINGS Inc., represented by President Masahiro Sawada and listed on the Tokyo Stock Exchange under code number 7455, announced today that it has decided to cancel its own shares based on a resolution passed at a board of directors meeting held on February 4, 2026. The cancellation will be contingent upon approval of a share consolidation proposal during an extraordinary shareholders' meeting scheduled for March 6, 2026.
The company plans to cancel 10,284 ordinary shares as part of this process. This decision is made pursuant to Article 178 of the Companies Act (Law No. 86 of 2005), which includes subsequent amendments.
As of February 3, 2026, the total issued shares including treasury stocks stood at 57,988,874, out of which 10,287 were treasury stocks. The share consolidation plan aims to streamline the company's capital structure while aligning with broader strategic objectives. The move reflects PARIS MIKI HOLDINGS Inc.'s ongoing efforts to optimize its operations and enhance shareholder value.
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