Source disclosure: February 02, 2026
SUGITA ACE CO.,LTD. [7635.T]
TOKYO — SUGITA ACE Co., Ltd., represented by President Yusuke Sugita and listed on the Tokyo Stock Exchange Standard Market under code number 7635, has announced that it will cancel its own shares held as treasury stock. The decision was made during today's board meeting based on Article 178 of Japan’s Companies Act (Law No. 86 of 2005, including subsequent amendments).
The company plans to cancel 8,934 shares, which represents approximately 0.17 percent of the total issued shares before cancellation. This figure is rounded off to the third decimal place. The cancellation is set to take effect on March 25, 2026. Additionally, this action is contingent upon the approval of a share consolidation proposal scheduled for discussion at the extraordinary shareholders' meeting planned for March 3, 2026.
Following the cancellation, the total number of outstanding shares of SUGITA ACE Co., Ltd. will be reduced to 5,365,066. It should be noted that all the shares being canceled correspond to those owned by the company as of January 15, 2026.
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