Tohto Suisan approves share consolidation, delisting from TSE

Tohto Suisan announced today that its extraordinary general meeting approved proposals for a share consolidation (1,400,000 shares into 1), the abolition of unit share provisions, and related amendments to its Articles of Incorporation. As a result, the company's stock is expected to be designated as a "stock to be delisted" on May 28, 2025, with final trading slated for June 16, 2025, and delisting effective June 17, 2025. Post-consolidation, the total number of issued shares will be reduced to 2. Fractional shares resulting from the consolidation will be sold to Aso Tosui Holdings at JPY 7,500 per share. The effective date of the share consolidation is June 19, 2025.