Komori
Disclosure1768SONEC CORPORATIONConstruction and Materials

Notice Regarding the Discontinuation of the Shareholder Benefit Program

The shareholder benefits program will be discontinued after the benefits provided to shareholders with 30 September 2025 as the record date. Going forward, the Company will shift its policy to emphasize stable returns to shareholders through dividends rather than shareholder benefits.

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Decision and Details

Board of Directors

Abolition of the shareholder benefit program

Decision8 May 2026
Period CoveredThrough the shareholder benefits based on 30 September 2025 as the record date
ImplementationDiscontinuation of the shareholder benefits program after the benefits provided to shareholders listed or recorded in the shareholder register as of 30 September 2025 (implementation timing)
Going forwardThe program will be discontinued after the shareholder benefits provided to shareholders listed or recorded in the shareholder register as of 30 September 2025 as the record date.
Reason

The Company determined that, from the perspective of providing fair returns to shareholders, it would be appropriate to provide stable returns through dividends rather than shareholder benefits.

Decision and Details
ItemDetails
Matter CoveredAbolition of the shareholder benefit program
Decision-Making BodyBoard of Directors
Decision Date8 May 2026
Implementation DateDiscontinuation of the shareholder benefits program after the benefits provided to shareholders listed or recorded in the shareholder register as of 30 September 2025 (implementation timing)
Period CoveredThrough the shareholder benefits based on 30 September 2025 as the record date
ReasonThe Company determined that, from the perspective of providing fair returns to shareholders, it would be appropriate to provide stable returns through dividends rather than shareholder benefits.
Future plansThe program will be discontinued after the shareholder benefits provided to shareholders listed or recorded in the shareholder register as of 30 September 2025 as the record date.
Items this document does not state (5)
AmountQuantity / scaleImpact on Business PerformanceGoverning RuleRelated previous disclosures

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company determined that, from the perspective of providing fair returns to shareholders, stable returns through dividends rather than shareholder benefits would be appropriate.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Discontinuation of the Shareholder Benefit Program | SONEC CORPORATION (1768) timely disclosure | Komori