TOKYO, Mar 23 (Pulse News Wire) – Sugita ACE CO.,LTD. (7635.T) announced today that its ordinary shares will be delisted from the Tokyo Stock Exchange effective March 24, 2026, following approval of a share consolidation proposal at the extraordinary shareholders' meeting held on March 3, 2026.
The decision was made after the proposal received shareholder approval during the meeting. As a result, the company's shares now meet the delisting criteria set forth in the Tokyo Stock Exchange’s listing regulations.
Further details regarding the share consolidation, abolition of the minimum holding unit, partial amendment to the articles of incorporation, and reduction in capital amount can be found in the press release dated March 3, 2026, titled “Approval Resolution Notice for Share Consolidation, Abolition of Minimum Holding Unit, Partial Amendment to Articles of Incorporation, and Reduction in Capital Amount.” Over the years since listing, the company has deeply appreciated the understanding and warm support from its shareholders and stakeholders. Moving forward, Sugita Ace remains committed to enhancing corporate value and contributing to society, requesting continued support and understanding from all parties involved.
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