Decision and Details
Board of DirectorsPartial changes to and expansion of the shareholder benefit program
To encourage more investors to take an interest in the Company's shares, thereby expanding the shareholder base and improving stock liquidity. The current program makes the benefit amount difficult to understand because of the 1-unit and 2-unit benefit categories and the continuous ownership requirement.
There will be no impact on consolidated results for the fiscal year ended May 2026. The impact of this matter is予定 to be reflected in the consolidated earnings forecast for the fiscal year ending May 2027.
| Item | Details |
|---|---|
| Matter Covered | Partial changes to and expansion of the shareholder benefit program |
| Decision-Making Body | Board of Directors |
| Decision Date | 15 June 2026 |
| Implementation Date | From the record date at the end of May 2027 onward (予定) |
| Period Covered | From the record date at the end of May 2027 onward, continuing annually with the end of May and end of November as the record dates |
| Amount | Annual benefit funding of ¥20 million (¥10 million for each record date) |
| Quantity / scale | The record dates will be changed from once a year to twice a year. Eligible shareholders will be those holding 300 or more common shares on each record date. |
| Impact on Business Performance | There will be no impact on consolidated results for the fiscal year ended May 2026. The impact of this matter is予定 to be reflected in the consolidated earnings forecast for the fiscal year ending May 2027. |
| Reason | To encourage more investors to take an interest in the Company's shares, thereby expanding the shareholder base and improving stock liquidity. The current program makes the benefit amount difficult to understand because of the 1-unit and 2-unit benefit categories and the continuous ownership requirement. |
| Related previous disclosures | Notice Regarding the Introduction of a Shareholder Benefit Program dated 11 May 2026 |
| Future plans | The benefits based on the record date at the end of November 2026 will be provided as previously announced. From the record date at the end of May 2027 onward, the revised program will be implemented. Details such as how to receive the electronic gift will be disclosed once determined. The impact of this matter is予定 to be reflected in the consolidated earnings forecast for the fiscal year ending May 2027 in the earnings report for the fiscal year ended May 2026, scheduled to be released on 14 July 2026. |
Items this document does not state (1)
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 expand the shareholder base and improve stock liquidity. Under the current program, the benefit amount is difficult to understand intuitively because of the 1-unit and 2-unit benefit categories and the continuous ownership requirement. We therefore determined that designing a program that makes it easier for more individual investors to consider investing would help expand the shareholder base and improve stock liquidity.