Rakumachi Inc. (6037) said its board resolved on Oct. 6, 2026 to cancel 740,000 treasury shares, or 3.7% of its total shares issued before the cancellation, with the retirement scheduled for Oct. 22, 2026.
Rakumachi, whose shares trade on the Standard Market of the Tokyo Stock Exchange under code 6037, announced the board decision in a timely disclosure filed at 16:30 on Oct. 6, 2026. The company said the cancellation follows its basic policy on the holding and cancellation of treasury stock and will be carried out under Article 178 of Japan's Companies Act.
The shares to be cancelled are common stock. The 740,000 shares represent part of the treasury stock Rakumachi currently holds, rather than its entire holding, according to the notice. Once the cancellation is completed, the company's total number of shares issued will be 19,013,800.
| Item | Detail |
|---|---|
| Class of shares | Common stock |
| Shares to be cancelled | 740,000 |
| Ratio to total shares issued before cancellation | 3.7% |
| Scheduled cancellation date | Oct. 22, 2026 |
| Total shares issued after cancellation | 19,013,800 |
The notice was issued in the name of the company's president and representative director, with inquiries directed to the general manager of its administration department.
Next steps: The cancellation is scheduled for Oct. 22, 2026, after which Rakumachi's total shares issued will stand at 19,013,800.
| 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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