Decision and Details
Board of DirectorsAbolition of the shareholder benefit program
Following a renewed review of the appropriate form of shareholder returns, the Company determined that discontinuation would serve the interests of all shareholders.
From the fiscal year ending March 2027 onward, annual expenses are expected to decrease by approximately ¥23 million. However, the impact on consolidated results is expected to be immaterial.
| Item | Details |
|---|---|
| Matter Covered | Abolition of the shareholder benefit program |
| Decision-Making Body | Board of Directors |
| Decision Date | 24 August 2026 |
| Implementation Date | The program will end with the benefits for shareholders recorded in the shareholder register as of 30 September 2026. The program will not be offered for shareholder benefits based on 31 March 2027 or thereafter (scheduled). |
| Period Covered | Shareholder benefits based on 31 March 2027 and thereafter |
| Amount | Annual expenses are expected to decrease by approximately ¥23 million. The annual benefit amounts under the program to be discontinued are ¥15,000 for holdings of 1,000 or more but fewer than 2,000 shares; ¥30,000 for holdings of 2,000 or more but fewer than 3,000 shares; ¥45,000 for holdings of 3,000 or more but fewer than 4,000 shares; ¥60,000 for holdings of 4,000 or more but fewer than 5,000 shares; and ¥75,000 for holdings of 5,000 or more shares. |
| Quantity / scale | Benefits are provided as of each record date (the end of September and the end of March). Depending on the number of shares held, the benefits consist of Bitcoin worth ¥1,000 to ¥5,000 and one to five complimentary FASTNAIL nail service vouchers. |
| Impact on Business Performance | From the fiscal year ending March 2027 onward, annual expenses are expected to decrease by approximately ¥23 million. However, the impact on consolidated results is expected to be immaterial. |
| Reason | Following a renewed review of the appropriate form of shareholder returns, the Company determined that discontinuation would serve the interests of all shareholders. |
| Related previous disclosures | Notice Regarding the Expansion of the Shareholder Benefit Program dated 23 March 2026 |
| Future plans | The shareholder benefits based on 30 September 2026 will be provided as scheduled, and the program will not be offered for shareholder benefits based on 31 March 2027 or thereafter. |
Items this document does not state (1)
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.Following a renewed review of the appropriate form of shareholder returns, the Company determined that discontinuing the shareholder benefit program and focusing primarily on dividends and share repurchases going forward would serve the interests of all shareholders.