Decision and Details
Board of DirectorsChanges to the shareholder benefits program
To enhance the appeal of investing in the Company's shares as part of its shareholder return initiatives and encourage more shareholders to hold the shares over the medium to long term. The Company also aims to enhance and stabilize its shareholder base and strengthen medium- to long-term relationships with shareholders.
The impact on the Company's consolidated results and financial condition is expected to be immaterial.
| Item | Details |
|---|---|
| Matter Covered | Changes to the shareholder benefits program |
| Decision-Making Body | Board of Directors |
| Decision Date | 12 May 2026 |
| Implementation Date | Scheduled to apply from the fiscal year ending November 2026. From the fiscal year ending November 2027 onward, the program is scheduled to apply to shareholders who have held their shares continuously for at least 1 year. |
| Period Covered | Fiscal year ending November 2026 and the fiscal year ending November 2027 onward |
| Amount | The benefit will be increased by ¥500 or ¥1,000. After the change, shareholders holding 100 shares or more but fewer than 300 shares will receive ¥1,500, and shareholders holding 300 shares or more will receive ¥4,000, in each case if the continuous ownership requirement is met. |
| Quantity / scale | Shareholdings of 100 shares or more but fewer than 300 shares, or 300 shares or more. The continuous ownership period will be at least 6 months for the fiscal year ending November 2026 and at least 1 year from the fiscal year ending November 2027 onward. |
| Impact on Business Performance | The impact on the Company's consolidated results and financial condition is expected to be immaterial. |
| Reason | To enhance the appeal of investing in the Company's shares as part of its shareholder return initiatives and encourage more shareholders to hold the shares over the medium to long term. The Company also aims to enhance and stabilize its shareholder base and strengthen medium- to long-term relationships with shareholders. |
| Future plans | The revised program is scheduled to apply from the fiscal year ending November 2026. From the fiscal year ending November 2027 onward, the program is scheduled to apply to shareholders who have held their shares continuously for at least 1 year. The Company will promptly announce any changes to the program. |
Items this document does not state (2)
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 promote medium- to long-term share ownership by shareholders, enhance and stabilize the shareholder base, and strengthen medium- to long-term relationships with shareholders.