Items stated in the management plan
This document does not state the plan name, plan period, or numerical targets.
The number of free-float shares increased as RIZAP GROUP, Inc., formerly a major shareholder, sold shares and its ownership ratio fell to 5% or less, among other factors. The number of issued shares increased by 8,210,300 through the exercise of share acquisition rights. As a result of these initiatives, the free-float ratio improved and share liquidity in the market increased.
| Item | Details |
|---|---|
| Self-assessment of PBR and share price | We recognize that one factor contributing to the stagnation of our share price is that our IR activities have consisted of only the minimum disclosures required by the Tokyo Stock Exchange, resulting in low awareness and expectations in the market. |
| Key initiatives | Relationships with major shareholders, Shareholder return measures, New Share Issuance, Strengthening IR activities |
| Results under the previous plan | Free-float market capitalization as of 31 March 2025: ¥790 million (criterion not met) → Free-float market capitalization as of 31 March 2026: ¥9.71 billion (criterion met)（Approximately 1,129.1% increase (approximately 12.3 times)） |
| Reason for revision or withdrawal | The number of free-float shares increased as RIZAP GROUP, Inc., formerly a major shareholder, sold shares and its ownership ratio fell to 5% or less, among other factors. The number of issued shares increased by 8,210,300 through the exercise of share acquisition rights. As a result of these initiatives, the free-float ratio improved and share liquidity in the market increased. |
| Publication date | 15 April 2026 |
Items this document does not state (20)
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.As a result of efforts including the sale of shares by RIZAP GROUP, Inc., formerly a major shareholder, an increase in the number of issued shares through the exercise of share acquisition rights, changes to the shareholder benefit program, and the strengthening of IR activities, the free-float ratio and share liquidity improved.