TOKYO, Mar 13 (Pulse News Wire) – Toho System Science CO.,LTD. (4333.T) resolved today to cancel its own shares based on Article 178 of the Companies Act.
The decision was made during a board meeting held. The cancellation follows the joint stock transfer plan outlined in the notice dated November 13, 2025, which details the establishment of a holding company through a merger between TOHO SYSTEM SCIENCE and LAND COMPUTER CORPORATION. According to the agreement, the newly formed holding company, TRONVIA Corporation, will acquire all outstanding shares of both companies prior to the completion of the share transfer on April 1, 2026.
As per the terms of the plan, all self-held shares must be canceled immediately preceding the acquisition. TOHO SYSTEM SCIENCE will cancel all self-held ordinary shares it possesses at the designated time. On February 28, 2026, the company had 3,457,396 self-held shares out of a total of 20,798,988 issued shares.
The cancellation is scheduled to take place on April 1, 2026, just before the final stage of the share transfer process.
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