Worth reading
65In 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
5000
Yen (increase in the benefit per distribution)Wording
Definitive
How definitive the wording is.Decision and Details
Board of DirectorsPartial change (expansion) to the shareholder benefit program
Decision13 May 2026
Period CoveredApplicable to the shareholder benefits provided twice a year. Continuous holding of at least 3 years will be determined based on being listed or recorded in the shareholder register for at least 7 consecutive record dates at the end of March and September each year.
ImplementationScheduled to begin with shareholders listed or recorded in the shareholder register as of 30 September 2026
Going forwardThe program will begin with 30 September 2026 as the record date. At the launch, past holding periods will be assessed retroactively, and shareholders continuously listed or recorded as holding 1,000 or more shares on each record date based on shareholder registers dated on or before 30 September 2023 will qualify for the long-term holding incentive from the first distribution.
AmountShareholders continuously holding 1,000 or more shares for at least 3 years: ¥10,000 per distribution (shareholder benefit; increase from the previous ¥5,000 per distribution) / shareholders holding 1,000 or more shares for less than 3 years: ¥5,000 per distribution / shareholders holding at least 500 but fewer than 1,000 shares: ¥3,000 per distribution / shareholders holding at least 100 but fewer than 500 shares: ¥2,000 per distribution
Quantity / scaleEligible shareholdings: 1,000 or more shares, at least 500 but fewer than 1,000 shares, and at least 100 but fewer than 500 shares. Long-term holding determination: at least 7 consecutive record dates. Benefit frequency: twice a year
Reason
To enhance returns to shareholders and the attractiveness of investing in the Company, and to promote stable shareholding over the medium to long term. The Company also aims to further foster fan shareholders, achieve sustained growth in corporate value, and build relationships of trust with shareholders.
| Item | Details |
|---|---|
| Matter Covered | Partial change (expansion) to the shareholder benefit program |
| Decision-Making Body | Board of Directors |
| Decision Date | 13 May 2026 |
| Implementation Date | Scheduled to begin with shareholders listed or recorded in the shareholder register as of 30 September 2026 |
| Period Covered | Applicable to the shareholder benefits provided twice a year. Continuous holding of at least 3 years will be determined based on being listed or recorded in the shareholder register for at least 7 consecutive record dates at the end of March and September each year. |
| Amount | Shareholders continuously holding 1,000 or more shares for at least 3 years: ¥10,000 per distribution (shareholder benefit; increase from the previous ¥5,000 per distribution) / shareholders holding 1,000 or more shares for less than 3 years: ¥5,000 per distribution / shareholders holding at least 500 but fewer than 1,000 shares: ¥3,000 per distribution / shareholders holding at least 100 but fewer than 500 shares: ¥2,000 per distribution |
| Quantity / scale | Eligible shareholdings: 1,000 or more shares, at least 500 but fewer than 1,000 shares, and at least 100 but fewer than 500 shares. Long-term holding determination: at least 7 consecutive record dates. Benefit frequency: twice a year |
| Reason | To enhance returns to shareholders and the attractiveness of investing in the Company, and to promote stable shareholding over the medium to long term. The Company also aims to further foster fan shareholders, achieve sustained growth in corporate value, and build relationships of trust with shareholders. |
| Future plans | The program will begin with 30 September 2026 as the record date. At the launch, past holding periods will be assessed retroactively, and shareholders continuously listed or recorded as holding 1,000 or more shares on each record date based on shareholder registers dated on or before 30 September 2023 will qualify for the long-term holding incentive from the first distribution. |
Items this document does not state (3)
Impact on Business PerformanceGoverning 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 enhance returns to shareholders and the attractiveness of investing in the Company, and to promote stable shareholding over the medium to long term. The Company also aims to further foster “fan shareholders” who have a deep understanding of and support for the Company, achieve sustained growth in corporate value, and build relationships of trust with shareholders.
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