Asahi Intecc completes treasury share cancellation to boost shareholder value

Asahi Intecc Co., Ltd. announced today, November 28, 2025, the completion of its treasury share cancellation. The decision was made at a board of directors meeting on May 15, 2025.

This action involved the cancellation of 6,301,300 shares of the company's common stock. The cancelled shares represented 2.3% of the total common shares issued before the cancellation. Following this procedure, the total number of issued shares for Asahi Intecc now stands at 265,332,300 shares.

This move aims to enhance shareholder value and optimize capital structure. The announcement was made by president & chief executive Kenji Miyata, with inquiries directed to Mizuho Ito, member of board & chief financial officer, general manager of administration. Asahi Intecc is listed on the Prime of Tokyo Stock Exchange and Premier of Nagoya Stock Exchange.