Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
10000
¥ thousandWording
Avoiding a definitive answer
How definitive the wording is.Decision and Details
Board of DirectorsIntroduction of a Shareholder Benefit Program
Decision11 May 2026
Period CoveredThe initial program will be based on holdings as of the end of November 2026, and from the end of November 2027 onward, each program will be based on holdings as of the end of November.
ImplementationThe initial program is scheduled to be implemented with the end of November 2026 as the record date. Information is scheduled to be mailed within approximately 3 months of the record date.
Going forwardThe specific method for receiving the electronic gift and other details will be announced once determined. The initial program will use the end of November 2026 as the record date, and information is scheduled to be mailed within approximately 3 months of the record date. From the end of November 2027 onward, the end of November each year is scheduled to be used as the record date.
AmountBenefit budget: ¥10,000 thousand (¥10 million); benefit value per unit: ¥10,000 thousand ÷ (number of shareholders eligible for 2 units × 2 + number of shareholders eligible for 1 unit), rounded down to the nearest ¥1,000
Quantity / scaleEligible shareholders are those holding 300 or more shares as of the relevant record date. Shareholders meeting the continuous-holding and other conditions will receive 2 units, while all other eligible shareholders will receive 1 unit. The calculation examples use 315 eligible shareholders and 1,000 eligible shareholders, respectively.
Reason
To express appreciation for shareholders' ongoing support, raise awareness of the Company, promote medium- to long-term shareholding, expand the shareholder base and improve share liquidity
Impact on Business Performance
The impact on consolidated results for the fiscal year ending May 2026 is immaterial.
Additional informationNo shareholder benefit program will be implemented based on the end of May 2026 as the record date.
| Item | Details |
|---|---|
| Matter Covered | Introduction of a Shareholder Benefit Program |
| Decision-Making Body | Board of Directors |
| Decision Date | 11 May 2026 |
| Implementation Date | The initial program is scheduled to be implemented with the end of November 2026 as the record date. Information is scheduled to be mailed within approximately 3 months of the record date. |
| Period Covered | The initial program will be based on holdings as of the end of November 2026, and from the end of November 2027 onward, each program will be based on holdings as of the end of November. |
| Amount | Benefit budget: ¥10,000 thousand (¥10 million); benefit value per unit: ¥10,000 thousand ÷ (number of shareholders eligible for 2 units × 2 + number of shareholders eligible for 1 unit), rounded down to the nearest ¥1,000 |
| Quantity / scale | Eligible shareholders are those holding 300 or more shares as of the relevant record date. Shareholders meeting the continuous-holding and other conditions will receive 2 units, while all other eligible shareholders will receive 1 unit. The calculation examples use 315 eligible shareholders and 1,000 eligible shareholders, respectively. |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending May 2026 is immaterial. |
| Reason | To express appreciation for shareholders' ongoing support, raise awareness of the Company, promote medium- to long-term shareholding, expand the shareholder base and improve share liquidity |
| Future plans | The specific method for receiving the electronic gift and other details will be announced once determined. The initial program will use the end of November 2026 as the record date, and information is scheduled to be mailed within approximately 3 months of the record date. From the end of November 2027 onward, the end of November each year is scheduled to be used as the record date. |
| Additional information | No shareholder benefit program will be implemented based on the end of May 2026 as the record date. |
Items this document does not state (2)
Governing RuleRelated previous disclosures
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To express appreciation for shareholders' ongoing support, raise awareness among investors, promote medium- to long-term shareholding, expand the shareholder base, improve share liquidity and enhance corporate value.
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