Decision and Details
Board of DirectorsAbolition of the shareholder benefit program
The Company determined that allocating limited management resources primarily to growth investments and strengthening its financial foundation, and consolidating shareholder returns into cash dividends based on the number of shares held in order to provide a fairer return to all shareholders, would serve the common interests of shareholders.
| Item | Details |
|---|---|
| Matter Covered | Abolition of the shareholder benefit program |
| Decision-Making Body | Board of Directors |
| Decision Date | 29 July 2026 |
| Implementation Date | The record date at the end of March 2026 was the final eligibility record date, and the shareholder benefits based on that record date were the final benefits provided (already implemented). No benefits will be provided from the fiscal year ending March 2027 onward (planned). |
| Period Covered | Fiscal year ending March 2027 onward |
| Reason | The Company determined that allocating limited management resources primarily to growth investments and strengthening its financial foundation, and consolidating shareholder returns into cash dividends based on the number of shares held in order to provide a fairer return to all shareholders, would serve the common interests of shareholders. |
| Future plans | No shareholder benefits will be provided from the fiscal year ending March 2027 onward. The Company aims to provide shareholder returns through dividends after achieving profitability. |
Items this document does not state (5)
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.The Company will focus its allocation of limited management resources on growth investments and strengthening its financial foundation, while consolidating shareholder returns into cash dividends to provide a fairer return to all shareholders. The Company stated that it aims to provide shareholder returns through dividends after first achieving profitability.