Daiichi Jitsugyo Co., Ltd. (8059) said its board resolved on Sept. 24, 2026 to cancel 500,000 treasury shares, equal to 1.53% of its issued shares before the cancellation, with the cancellation scheduled for Oct. 15, 2026.
The Tokyo Stock Exchange Prime-listed company announced the decision in a filing released at 4:00 p.m. on Sept. 24. The board approved the move under Article 178 of Japan's Companies Act. The shares to be cancelled are common stock, and the 500,000 shares represent 1.53% of the 32,759,200 shares issued before the cancellation.
| Item | Figure |
|---|---|
| Issued shares before cancellation | 32,759,200 |
| Shares to be cancelled | 500,000 |
| Issued shares after cancellation | 32,259,200 |
| Treasury shares after cancellation | 806,630 |
According to reference figures in the filing, total issued shares will decline to 32,259,200 from 32,759,200 once the cancellation is completed. The company will continue to hold 806,630 shares in treasury after the cancellation. It said that figure was calculated on the basis of its holdings as of Aug. 31, 2026.
The filing covers only the cancellation of shares the company already holds in treasury. It does not mention a new share repurchase program.
Next steps in this filing: The cancellation is scheduled for Oct. 15, 2026.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
Summaries of public disclosures by Japanese listed companies. Not investment advice; accuracy not guaranteed. Figures and dates in the TDnet originals prevail.
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