Tokyo Individualized Educational Institute to delist after consolidation
Tokyo Individualized Educational Institute announced its extraordinary general meeting of shareholders on December 8, 2025, approved a stock consolidation and a partial amendment to its articles of incorporation. This decision will result in the company's common stock being designated as a "security under supervision" from December 8, 2025, to January 7, 2026, and subsequently delisted on January 8, 2026.
The stock consolidation will combine 3,361,080 shares into 1 share, reducing the total outstanding shares from 54,205,523 to 16 shares after the consolidation, effective January 13, 2026.
Following the consolidation, all shareholders except Benesse Holdings, Inc. will hold less than one share. These fractional shares will be bought out, with shareholders expected to receive 450 yen per share based on the company's register as of January 9, 2026, subject to court approval.
The approved amendments to the articles of incorporation include the abolition of the unit share system and the removal of clauses related to shareholders' meeting record dates, as Benesse Holdings, Inc. will be the sole shareholder.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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