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Kyocera Corporation has instructed Citibank, N.A., as depositary, to terminate the Kyocera-sponsored ADR program and Citibank is establishing an unsponsored ADR program to replace it. Holders who do not surrender their sponsored ADSs by June 4, 2026 will receive one unsponsored ADS for each sponsored ADS at the close of business in New York on that date.
The company and the depositary amended the deposit agreement to permit holders to retain economic interests via the unsponsored ADR; Kyocera states it is not involved in establishment or maintenance of the unsponsored ADR. Citibank’s F-6 registration number for the unsponsored program is 333-294031.