Decision and Details
Board of DirectorsIntroduction of a Shareholder Benefit Program
To express appreciation to shareholders, deepen their understanding of the Company's corporate philosophy, business activities, products and brands, and expand the shareholder base that supports the Company over the medium to long term. The program is positioned as a supplement to the existing shareholder return policy.
| Item | Details |
|---|---|
| Matter Covered | Introduction of a Shareholder Benefit Program |
| Decision-Making Body | Board of Directors |
| Decision Date | 5 August 2026 |
| Implementation Date | Scheduled to commence based on the shareholder registry as of 31 December 2026 |
| Period Covered | A shareholder benefits program with 31 December of each year as the record date. A continuous holding requirement of at least six months will normally apply, but will not apply to the first implementation. |
| Amount | 1,000 or more shares: cosmetics set or household products set worth ¥10,000; 400–999 shares: cosmetics set or household products set worth ¥6,000 |
| Quantity / scale | Eligible shareholders are those holding 100 or more shares. All applicants holding 1,000 or more shares or 400–999 shares will be eligible, while only shareholders selected by lottery among those holding 100–399 shares will be eligible. |
| Reason | To express appreciation to shareholders, deepen their understanding of the Company's corporate philosophy, business activities, products and brands, and expand the shareholder base that supports the Company over the medium to long term. The program is positioned as a supplement to the existing shareholder return policy. |
| Future plans | The first benefits are scheduled to be delivered sequentially from around June 2027. The number of lottery winners, the record date for determining eligibility for events, detailed conditions and the event plans will be announced on the Company's website and elsewhere once finalized. |
Items this document does not state (3)
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 program is intended to express appreciation to shareholders, deepen their understanding of Kao's corporate philosophy, business activities, products and brands, and expand the shareholder base that supports the Company over the medium to long term. It is positioned as a supplement to the existing shareholder return policy, which combines dividends and share buybacks.