Toyo Seikan Group Holdings to cancel 10 million treasury shares

Toyo Seikan Group Holdings, Ltd. announced a resolution for the cancellation of treasury shares under Article 178 of the Companies Act, effective October 6, 2025. This decision, made at a board of directors meeting, will see the company cancel 10,000,000 shares of its common stock.

This cancellation represents 6.1% of the total number of shares issued prior to the cancellation. Following this action, the total number of shares issued by Toyo Seikan Group Holdings will be reduced to 153,162,162 shares. The move is being overseen by Takuji Nakamura, president and representative director.