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Share Issuance and Disposal4971MEC COMPANY LTD.Materials and Chemicals

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

A 1-for-3 split of the common shares will increase the total number of issued shares from 19,571,093 to 58,713,279. Accordingly, the total number of authorized shares will be changed from 80 million to 230 million, and the shareholding thresholds for shareholder benefits will also be reviewed.

Worth reading
24Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
3
Times (3 shares per share)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Stock split (3 shares for each share)

発行・処分する株式数39,142,186Shares

Increase of 39,142,186 shares due to the stock split

Existing Shares and Increase
+200.00%Rate of increase
19,571,093 shares58,713,279Shares

Not disclosed (shareholding percentages will remain unchanged 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.

Stock Split Ratio1 share split into 3 shares. Effective date: 1 January 2027
Details of issuance or disposal
ItemDetails
Type of issuance or disposalStock split (3 shares for each share)
Number of shares to be issued or disposed ofIncrease of 39,142,186 shares due to the stock split
Dilution RateNot disclosed (shareholding percentages will remain unchanged because this is a stock split)
Total number of issued shares19,571,093 shares → 58,713,279 shares(3x (200% increase))
Stock Split Ratio1 share split into 3 shares. Effective date: 1 January 2027
Items this document does not state (23)
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 priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentProcedures under the Corporate Code of ConductMost recent equity financingMajor 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.

To improve the investment environment by lowering the amount required per investment unit, thereby enhancing share liquidity and expanding the investor base. For the shareholder benefit program, the minimum shareholding requirement will remain at 100 shares so that more shareholders will continue to hold the shares for longer following the split.

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 Share Split, Partial Amendments to the Articles of Incorporation in Connection with the Share Split, and Changes to the Shareholder Benefits Program | MEC COMPANY LTD. (4971) timely disclosure | Komori