Source disclosure: February 10, 2026
TOIN CORPORATION [7923.T]
TOKYO, Feb 10 (Kyodo) - Toin Corporation, listed on the Tokyo Stock Exchange's Standard Market under code number 7923, announced Friday that its board of directors has set a record date for convening an extraordinary shareholders' meeting scheduled to take place around mid-April 2026. The company aims to finalize eligible shareholders who can exercise voting rights at this meeting.
According to the announcement, the company will determine shareholders capable of participating and exercising their voting rights based on the final shareholder register as of February 25, 2026. This means that only those whose names appear on the register by the specified date will be able to vote at the extraordinary meeting. The notice was made available through the company’s website at https://www.toin.co.jp/houtei/index.html.
Additionally, Toin Corporation stated that it is preparing for the possibility of holding an extraordinary shareholders' meeting due to the tender offer initiated by CSR-I No. 5 Co., Ltd. for all outstanding common shares of the company, excluding treasury stocks. If the tender offer results in less than 90% of the total voting rights being acquired by CSR-I No. 5 Co., Ltd., the company plans to request from the shareholders the approval of measures such as stock consolidation and modification of articles of incorporation to eliminate the minimum share unit requirement. Conversely, if the tender offer leads to the acquisition of more than 90% of the voting rights, the acquirer intends to make a compulsory buyout request for remaining shares not tendered during the initial offer period.
The company emphasized that should any of these scenarios necessitate an extraordinary shareholders' meeting, they would promptly communicate further details regarding the exact date, location, and agenda items once finalized. However, no extraordinary meeting will be convened nor will the record date be utilized if the tender offer does not materialize, is fully successful, or achieves over 90% ownership without triggering a compulsory buyout.
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