Decision and Details
Changes to the shareholder benefits program
The company determined that further cost reductions were necessary to secure stable profitability and sustainable growth opportunities over the medium to long term.
| Item | Details |
|---|---|
| Matter Covered | Changes to the shareholder benefits program |
| Decision Date | 12 June 2026 |
| Implementation Date | The changes are scheduled to apply from the shareholder benefits based on holdings as of the end of September 2026, with points to be awarded in December 2026. The current program will apply to the points based on holdings as of the end of March 2026. |
| Period Covered | Shareholder benefits based on holdings as of the end of September 2026 and thereafter |
| Amount | 1 point = the equivalent of ¥1 |
| Quantity / scale | The number of points awarded will be changed to half the previous amount for each shareholding tier. The annual totals will change from 2,000 points to 1,000 points, from 10,000 points to 5,000 points, and from 20,000 points to 10,000 points. |
| Reason | The company determined that further cost reductions were necessary to secure stable profitability and sustainable growth opportunities over the medium to long term. |
| Related previous disclosures | Notice Regarding the Recording of Extraordinary Losses and an Income Tax Adjustment Loss, and the Difference Between the Full-Year Earnings Forecast and Actual Results, released on 8 May 2026 |
| Future plans | The amended program will apply to shareholder benefits based on holdings as of the end of September 2026, with points scheduled to be awarded in December 2026. |
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 company determined that further cost reductions were necessary to respond to changes in the business environment and secure stable profitability and sustainable growth opportunities over the medium to long term. It also explained that results for the fiscal year ending March 2026 fell below the previous forecast because of the recording of an income tax adjustment loss due to impairment losses and the partial reversal of deferred tax assets.