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Share Issuance and Disposal4613KANSAI PAINT CO.,LTD.Materials and Chemicals

Notice Regarding the Adjustment of the Conversion Prices of the Euro-Yen Denominated Convertible Bonds with Stock Acquisition Rights Due 2029 and Due 2031

The conversion prices for the already-issued 2029-maturity and 2031-maturity convertible bonds with stock acquisition rights were lowered from ¥2,733.0 per share to ¥2,676.1 per share. The adjustment applies on or after 1 April 2026.

Worth reading
42Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
56.9
Reduction in the conversion price in yen per share
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Adjustment of the conversion price for convertible bonds with stock acquisition rights

Terms of the stock acquisition rights
Exercise price
The initial conversion price was ¥2,733.0. The adjusted conversion price is ¥2,676.1. Conversion price adjustment provisions apply.
Most recent equity financing
Press release concerning the issuance dated 21 February 2024 (the amount is not stated in this document)
Details of issuance or disposal
ItemDetails
Type of issuance or disposalAdjustment of the conversion price for convertible bonds with stock acquisition rights
Exercise priceThe initial conversion price was ¥2,733.0. The adjusted conversion price is ¥2,676.1. Conversion price adjustment provisions apply.
Most recent equity financingPress release concerning the issuance dated 21 February 2024 (the amount is not stated in this document)
Items this document does not state (25)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis 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 underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offeringImpact on Business Performance

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 proposal for a year-end dividend of ¥55 per common share was approved at the annual general meeting of shareholders held on 26 June 2026, resulting in an adjustment pursuant to the conversion price adjustment provisions.

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 the Adjustment of the Conversion Prices of the Euro-Yen Denominated Convertible Bonds with Stock Acquisition Rights Due 2029 and Due 2031 | KANSAI PAINT CO.,LTD. (4613) timely disclosure | Komori