Komori
Share Issuance and Disposal3563FOOD & LIFE COMPANIES LTD.Retail

Notice Regarding a Stock Split, Partial Amendments to the Articles of Incorporation in Connection with the Stock Split, and Changes to the Shareholder Benefit Program

The Company will conduct a two-for-one stock split, effective 1 July 2026. In connection with the split, the total number of authorized shares will be changed from 436,000,000 shares to 872,000,000 shares, and the shareholding categories for the shareholder benefit program will also be adjusted to reflect the post-split number of shares.

Worth reading
29Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2
Times (2 shares for each share)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Stock Split (2 Shares for 1 Share)

発行・処分する株式数116,069,184Shares

Number of shares to increase through the split: 116,069,184 shares

Existing Shares and Increase
+100.00%Rate of increase
116,069,184 shares232,138,368Shares

Not applicable (the ownership ratio will not change because this is a stock split)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Terms of the stock acquisition rights
Exercise price
Series 17: from ¥2,210 to ¥1,105; Series 19: from ¥3,690 to ¥1,845; Series 21: from ¥4,285 to ¥2,143; Series 23: from ¥2,803 to ¥1,402; Series 25: from ¥2,890 to ¥1,445; Series 27: from ¥3,403 to ¥1,702; and Series 29: from ¥7,637 to ¥3,819. The exercise price for the other stock compensation-type stock acquisition rights is ¥1 per share, and no adjustment will be made in connection with this stock split. The adjustment provisions are Not disclosed.
Stock Split Ratio2 shares for each share; effective date: 1 July 2026
Procedures under the Corporate Code of Conduct
The Articles of Incorporation will be amended pursuant to Article 184, Paragraph 2 of the Companies Act, based on a resolution of the Board of Directors dated 8 May 2026. The acquisition of an opinion from an independent third party and confirmation of shareholders' intent are Not disclosed.
Impact on Business Performance
For revisions to the dividend forecast in connection with this stock split, please refer to the separate notice issued today, "Notice Concerning Revisions to the Earnings Forecast and Dividend Forecast." Other impacts on earnings are Not disclosed.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalStock Split (2 Shares for 1 Share)
Number of shares to be issued or disposed ofNumber of shares to increase through the split: 116,069,184 shares
Dilution RateNot applicable (the ownership ratio will not change because this is a stock split)
Total number of issued shares116,069,184 shares → 232,138,368 shares(100%)
Exercise priceSeries 17: from ¥2,210 to ¥1,105; Series 19: from ¥3,690 to ¥1,845; Series 21: from ¥4,285 to ¥2,143; Series 23: from ¥2,803 to ¥1,402; Series 25: from ¥2,890 to ¥1,445; Series 27: from ¥3,403 to ¥1,702; and Series 29: from ¥7,637 to ¥3,819. The exercise price for the other stock compensation-type stock acquisition rights is ¥1 per share, and no adjustment will be made in connection with this stock split. The adjustment provisions are Not disclosed.
Stock Split Ratio2 shares for each share; effective date: 1 July 2026
Procedures under the Corporate Code of ConductThe Articles of Incorporation will be amended pursuant to Article 184, Paragraph 2 of the Companies Act, based on a resolution of the Board of Directors dated 8 May 2026. The acquisition of an opinion from an independent third party and confirmation of shareholders' intent are Not disclosed.
Impact on Business PerformanceFor revisions to the dividend forecast in connection with this stock split, please refer to the separate notice issued today, "Notice Concerning Revisions to the Earnings Forecast and Dividend Forecast." Other impacts on earnings are Not disclosed.
Items this document does not state (20)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyBasis for determining the amount to be paidExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentMost recent equity financingMajor shareholders after the offering

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 create an environment in which investors can invest more easily, reduce the investment amount per trading unit, improve the liquidity of the shares, and expand the investor base. The shareholder benefit program will also be changed to encourage the medium- to long-term holding of the Company's shares and promote understanding of the Group.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding a Stock Split, Partial Amendments to the Articles of Incorporation in Connection with the Stock Split, and Changes to the Shareholder Benefit Program | FOOD & LIFE COMPANIES LTD. (3563) timely disclosure | Komori