Oricon has announced a resolution approving a share consolidation, the abolition of the provision on the number of unit shares, and a partial amendment to its articles of incorporation. As a result of this resolution, the company's shares will be consolidated, and the provision on the number of unit shares will be abolished. The partial amendment to the articles of incorporation has also been approved. For details and the schedule, please pay attention to future disclosures.
Oricon Inc.Share consolidation and abolition of unit share provision are corporate actions with unclear direct impact on value.