Details of issuance or disposal
Stock Split
25,042,406 shares before the split; 50,084,812 shares added through the split; 75,127,218 shares after the 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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Stock Split |
| Number of shares to be issued or disposed of | 25,042,406 shares before the split; 50,084,812 shares added through the split; 75,127,218 shares after the split |
| Total number of issued shares | 25,042,406 shares → 75,127,218 shares(3x (200% increase)) |
| Stock Split Ratio | 3 shares for 1 share; effective date: 1 January 2027 |
| Impact on Business Performance | The annual dividend forecast for the fiscal year ending March 2027 has been increased from ¥245 per share to ¥287 per share (¥143 interim dividend and ¥144 year-end forecast). The post-split year-end dividend forecast is ¥48 per share. |
Items this document does not state (23)
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 lower the investment unit, broaden the investor base and improve share liquidity. The change to the shareholder benefits program is intended to enable more shareholders to use the benefits and effectively expand the program.