Worth reading
76Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
20000
Yen equivalent (company products for holders of 3,000 or more shares)Wording
Definitive
How definitive the wording is.Decision and Details
Board of DirectorsAbolition of the shareholder benefit program
Decision20 October 2026
Period CoveredThrough the final benefit based on the record date of 31 August 2026
ImplementationDiscontinued after the shareholder benefit based on the record date of 31 August 2026 (discontinuation of the programme already decided; final benefit scheduled for mid-December 2026)
Going forwardThe final shareholder benefit is scheduled to be provided in mid-December 2026. The company will then work to stabilise its management and financial foundations and improve and strengthen its internal management systems.
AmountAssortment of company products worth ¥20,000 (for holders of 3,000 or more shares), QUO card worth ¥5,000 (for holders of 300 or more shares continuously for 6 months)
Quantity / scaleRecord date: 31 August 2026; shareholding requirements: 3,000 or more shares, or 300 or more shares held continuously for 6 months
Reason
To prioritise stabilising the management and financial foundations and improving and strengthening the internal management systems
| Item | Details |
|---|---|
| Matter Covered | Abolition of the shareholder benefit program |
| Decision-Making Body | Board of Directors |
| Decision Date | 20 October 2026 |
| Implementation Date | Discontinued after the shareholder benefit based on the record date of 31 August 2026 (discontinuation of the programme already decided; final benefit scheduled for mid-December 2026) |
| Period Covered | Through the final benefit based on the record date of 31 August 2026 |
| Amount | Assortment of company products worth ¥20,000 (for holders of 3,000 or more shares), QUO card worth ¥5,000 (for holders of 300 or more shares continuously for 6 months) |
| Quantity / scale | Record date: 31 August 2026; shareholding requirements: 3,000 or more shares, or 300 or more shares held continuously for 6 months |
| Reason | To prioritise stabilising the management and financial foundations and improving and strengthening the internal management systems |
| Related previous disclosures | Notice dated 29 September 2026 regarding the Tokyo Stock Exchange’s designation as a Security Alert Issue and collection of a listing agreement penalty; notice dated 29 September 2026 regarding entry into the grace period related to the loss of substantive surviving status due to a merger or other transaction |
| Future plans | The final shareholder benefit is scheduled to be provided in mid-December 2026. The company will then work to stabilise its management and financial foundations and improve and strengthen its internal management systems. |
Items this document does not state (2)
Impact on Business PerformanceGoverning Rule
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.Because the company has been designated as a Security Alert Issue by the Tokyo Stock Exchange and has entered the grace period related to the loss of substantive surviving status, it will prioritise stabilising its management and financial foundations and improving and strengthening its internal management systems.
How to read this page
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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.