News

Implementation of capital policy aiming to reduce capital costs (Secondary Offering of Shares, Cancellation of Treasury Shares, Stock Split, and Stock Repurchases)

Jun. 27, 2024

AISIN CORPORATION (the “Company”) hereby announces that on June 27, 2024 it resolved to implement a secondary offering, cancel the Company’s treasury shares, implement a stock split, and repurchase treasury shares, as described below.

Through these actions, the Company believes that, along with existing shareholders, new shareholders will gain a deeper understanding of the Company’s business and growth strategy. This presents a good opportunity for the Company to expand and diversify the shareholder base that understands and supports the Company from a long-term perspective. In addition, the Company aims to reinforce shareholder returns and improve capital efficiency through repurchasing treasury shares.

As announced in the 2025 Medium-term Management Plan in September 2023, the Company aims to achieve sustainable growth and increase corporate value over the medium- to long-term by expanding business in growth areas.

Please refer to the following exhibits for details:

1. Notice Concerning Secondary Offering of Shares・・・Exhibit①
2. Notice Concerning Cancellation of Treasury Shares・・・ Exhibit②
3. Notice Concerning Stock Split and Related Amendment to Articles of Incorporation, and Revised Dividend Forecast・・・Exhibit③
4. Notice Concerning the Status of Stock Repurchases・・・ Exhibit④

Note: This press release does not constitute an investment solicitation for any securities for sale. This press release has been prepared for the purpose of publicly announcing matters concerning the implementation of our capital policy, and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan. With respect to investments in Japan, investors are advised to do so based on their sole judgement after reviewing the Prospectus on the Offering of Shares and amendments thereto, if any, prepared by the Company. This press release does not constitute any offering or sale of securities in the United States. The securities referred to above have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.